Heimar hf.

Transaction in Own Shares • Oct 27, 2025

Heimar hf.: Regular Notification of Share Buybacks in Accordance with the Buyback Program

Heimar hf.: Regular Notification of Share Buybacks in Accordance with the Buyback Program

In week 43, Heimar hf. (“Heimar”) purchased 2,850,000 own shares at a total purchase price of 106,570,000 ISK, as follows:

Date	Time	Shares Purchased	Transaction Price (Rate)	Purchase Price (ISK)
21.10.2025	15:27	650,000	36.8	23,920,000
22.10.2025	11:57	700,000	36.9	25,830,000
23.10.2025	13:25	700,000	37.4	26,180,000
24.10.2025	12:22	800,000	38.3	30,640,000
Total		2,850,000		106,570,000

The transactions are in accordance with Heimar’s buyback program, which was announced on September 29, 2025. According to the program, the buybacks will amount to a maximum of ISK 500,000,000 in total, and the program will remain in effect until that limit is reached, but no later than the company’s 2026 Annual General Meeting.

Heimar owned 32,219,528 shares prior to the above transaction, and following these purchases, now holds 35,069,528 shares, or approximately 1.73% of the company’s issued shares, with a total purchase price of ISK 1,275,142,257.

The execution of the buyback program will comply with the Icelandic Public Limited Companies Act, No. 2/1995, Article 5 of the European Parliament and Council Regulation (EU) No. 596/2014 on Market Abuse, as referred to in the Icelandic Act on Measures Against Market Abuse, No. 60/2021, as well as the European Commission's delegated regulation No. 2016/1052/EU, which contains technical terms related to buyback programs.

In case of any discrepancies between the English and Icelandic versions of this notice, the Icelandic version shall prevail.

For further information, please contact:Björn Eyþór Benediktsson – Chief Financial Officer – eythorb@heimar.is