Kvika banki

AGM Information • Mar 5, 2025

Kvika banki hf.: Meeting announcement for Annual General Meeting on 26 March 2025

Kvika banki hf.: Meeting announcement for Annual General Meeting on 26 March 2025

The Annual General Meeting of Kvika banki hf., Reg. No. 540502-2930 (“Kvika”), will be held on Thursday, 26 March 2025, at 4:00 pm, at Nauthóll, Nauthólsvík, Reykjavík.

The Agenda for the meeting is as follows:

1. Report from the Company's Board of Directors on its activities during the past operating year.
2. The Company's annual financial statements for 2024 along with a decision on the treatment of the Company's profit during the financial year and the allocation of part of the sale price of TM.

The Board of Directors proposes that a dividend of ISK 5 per share will be paid to the Bank’s shareholders.

1. Motion to renew the Company's authorisation to purchase own shares.
2. Motion for a reduction in share capital by cancelling own shares and a corresponding amendment to the Articles of Association of the Company.
3. Motion to amend the Company's Articles of Association.
4. Election of the Company's directors and alternates.

5. Nomination Committee.

6. 1. Motion on that from now on shareholders will confirm the appointment/election of all three members of the Nomination Committee and a corresponding amendment to the Articles of Association.
   2. Motion to amend the Procedural Rules of the Nomination Committee.
   3. Motion on remuneration to members of the Nomination Committee.
   4. Motion on appointment of three committee members in the Nomination Committee.

7. Motion on the Company's remuneration policy.

8. Election of the Company's auditors.
9. Motion on appointment of one committee member in the Audit Committee.
10. Decision on remuneration to directors and members of the Board's subcommittees.
11. Other business.

The meeting will be held in Icelandic. Meeting documents are available on the Company's website in both Icelandic and English, with the exception of the Company's annual financial statements, which are only available in English. The agenda, final motions, remuneration policy, the Company's annual financial statements and other meeting documents will be available at the Company's office at Katrínartún 2, Reykjavik, for shareholders to examine 21 days prior to the Annual General Meeting. The said documents, together with information on the candidates for election to the Board of Directors, will also be made available on the Company's website, www.kvika.is/en/agm. Additionally, the report from the Nomination Committee is attached to this meeting notice and will also be available on the Company’s website.

Please find attached Announcement of the Annual General Meeting.

Attachments: