Skel fjárfestingafélag

Transaction in Own Shares • Aug 14, 2023

Disclosure 436121

Skel fjárfestingafélag hf. - Changes in company's own shares

SKEL fjárfestingafélag hf.: Buy-back programme week 32

In week 32 2023, SKEL fjárfestingafélag hf. purchased in total 523,000 own shares for total amount of 7,191,250 ISK as follows:

Date	Tími	Purchased Shares	Price	Purchase Price
8.8.2023	10:18:18	183,000	13.75	2,516,250
9.8.2023	11:11:50	190,000	13.75	2,612,500
10.8.2023	09:39:51	150,000	13.75	2,062,500
Total		523,000		7,191,250

The execution of the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995, Article 5 of the Regulation of the European parliament and of the Council (EU) on Market Fraud No. 60/2021, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.

Before the purchase SKEL held 4,222,275 own shares. SKEL fjárfestingafélag hf. has now bought in total 4,745,275 own shares for 64,062,856 ISK or 0.245% of issued shares. This announcement of purchase of own shares is in accordance with the buy-back programme announced 12 July 2023 to Nasdaq OMX Iceland. The aim is to buy back own shares for the maximum amount of 18,518,518 shares or 0.956% of issued shares, the total amount of the buy-back however not exceeding 250,000,000 ISK in total purchase price.

For further information contact Magnús Ingi Einarsson, CFO of SKEL fjárfestingafélag hf., magnus@skel.is