Kaldalón hf.

Transaction in Own Shares • Dec 29, 2025

Kaldalón hf.: Routine Announcement Regarding Share Buybacks Pursuant to Buyback Program

Kaldalón hf.: Routine Announcement Regarding Share Buybacks Pursuant to Buyback Program

In week 52 of 2025, Kaldalón hf. purchased 272,428 of its own shares for a total consideration of ISK 7,410,042 as detailed below:

Date	Time	Purchased shares	Share price	Purchase price	Own shares after transaction
22.12.2025	09:32:47	72,428	27.2	1,970,042	20,402,721
23.12.2025	09:49:59	200,000	27.2	5,440,000	20,602,721
		272,428		7,410,042

These transactions were carried out in accordance with the share buyback program announced by Kaldalón hf. on 28 October 2025 and published on the Nasdaq Iceland stock exchange. Under the terms of the program, the Company may repurchase up to a maximum of 9,000,000 shares, provided that the total consideration does not exceed ISK 250,000,000. The buyback program commenced on Wednesday, 29 October 2025, and will remain in effect until either of the aforementioned thresholds (volume or amount) is reached, but in any case no later than 31 December 2025. 

Prior to these transactions, Kaldalón hf. held 20,330,293 of its own shares. Following the purchases, the company holds a total of 20,602,721 treasury shares, corresponding to 1.90% of the company’s total issued share capital.

To date, Kaldalón hf. has purchased a total of 6,412,800 own shares under the program, equivalent to 0.59% of issued share capital, for a total purchase price of ISK 167,001,394.

The buyback program is conducted in accordance with the Icelandic Companies Act No. 2/1995, Article 5 of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse, as incorporated into Icelandic law by Act No. 60/2021 on measures against market abuse, and Commission Delegated Regulation (EU) 2016/1052 which sets out technical standards for buyback programs.

For further information, please contact:

Jón Þór Gunnarsson, CEO

jon.gunnarsson@kaldalon.is