Festi

Transaction in Own Shares • Jul 21, 2025

Festi hf.: Buyback program week 29

Festi hf.: Buyback program week 29

In week 29 2025, Festi purchased in total 170,000 own shares for total amount of 50,890,000 ISK as follows:

Week	Date	Time	Purchased shares	Share price	Purchase price
29	14.7.2025	10:45:04	50.000	297	14.850.000
29	16.7.2025	10:46:18	70.000	297	20.790.000
29	17.7.2025	15:13:02	50.000	305	15.250.000
			170.000		50.890.000

The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European parliament and of the Council No. 596/2014, on market abuse, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.

Before the purchase Festi held 561,226 own shares or 0.18% of issued shares. Festi has now bought in total 485,000 own shares for 142,165,000 ISK and holds today 731,226 own shares or 0.23% of issued shares. This announcement of purchase of own shares is in accordance with the buyback program announced 27 June 2025 to Nasdaq OMX Iceland. The program envisages the buyback of a total of 2,500,000 own shares or 0.80% of the issued shares, with the cap of 800 million ISK purchase price.

For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).