Icelandair Group — Board/Management Information 2018

Aug 27, 2018

Björgólfur Jóhannsson resigns as Icelandair Group’s President & CEO

Björgólfur Jóhannsson resigns as Icelandair Group’s President & CEO

Today, Björgólfur Jóhannsson resigned as the Company’s President & CEO. Bogi Nils Bogason, the Company’s CFO, will become the Interim President & CEO of the Company but the Board of Directors will look for a new future President & CEO of the Company. Further information is available in the Company’s announcement of a lower EBITDA forecast for the year 2018 published earlier today.

For further information:

Bogi Nils Bogason, Interim President & CEO

bogi@icelandairgroup.is

+354 665 8801

Pétur Þ. Óskarsson, SVP Communications

petur@icelandairgroup.is

+ 354 863 6075