Eimskipafélag Íslands — Major Shareholding Notification 2020

Dec 16, 2020

S

FINANCIAL SUPERVISORY AUTHORITY

Standard form - Notification of the acquisition or disposal of major proportions of voting rights

Voting rights attached to shares - article 85 of the act on securities transactions no. 108/2007

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached i: Eimskipafelag Islands hf
2. Reason for the notification (please tick the appropriate box or boxes):

☑ an acquisition or disposal of voting rights

[ ] an acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
[ ] an event changing the breakdown of voting rights

1. Full name of person(s) subject to the notification obligation ii: Eaton Vance Corporation
2. Full name of shareholder(s) (if different from the person mentioned in point 3.) iii: Not Applicable
3. Date of the transaction and date on which the threshold is crossed or reached iv: 15th December 2020
4. Threshold(s) that is/are crossed or reached: 5%
5. Notified details:

A) Voting rights attached to shares
Class/type of shares (if possible using the ISIN CODE)	Situation previous to the Triggering transaction		Resulting situation after the triggering transaction vi
	Number of Shares	Number of Voting rights vii	Number of shares	Number of voting rights viii		% of voting rights
			Direct	Direct ix	Indirect x	Direct	Indirect
IS0000019800	10,554,915.00	10,554,915.00	8,283,665.00	8,283,665.00		4.43%
SUBTOTAL A (based on aggregate voting rights)

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FINANCIAL SUPERVISORY AUTHORITY

B) Financial Instruments
Resulting situation after the triggering transactionxi
Type of financial instrument	Expiration Date xii	Exercise/Conversion Period/Date xiii	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
		SUBTOTAL B (in relation to all expiration dates)
Total (A+B) [if applicable]	number of voting rights	% of voting rights
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1. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xiv:

Investment Advisers:
Eaton Vance Management
Boston Management and Research

Investment Portfolios/Funds:
Global Opportunities Portfolio
Global Macro Portfolio
Global Macro Absolute Return Advantage Portfolio

1. In case of proxy voting: [name of the proxy holder] will cease to hold [number] voting rights as of [date]. Not Applicable

2. Additional information:

Eaton Vance Corporation is the parent company of multiple investment advisers, including Eaton Vance Management and Boston Management and Research. Eaton Vance Corporation, through the funds managed by its investment adviser subsidiaries, has the power to exercise, or control the exercise of, a right to vote attached to a security and has the power to dispose of, or control the disposal of, a security.

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FINANCIAL SUPERVISORY AUTHORITY

Eaton Vance Management is a wholly owned investment adviser subsidiary of Eaton Vance Corporation. Boston Management and Research is a 99.9% owned investment adviser subsidiary of Eaton Vance Management.

Scott R. Kudlacik
Eaton Vance Management

Done at Boston, Massachusetts, United States on 16th December 2020.