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

In week 41 of 2026, Kaldalón hf. purchased 1,680,000 of its own shares for a total consideration of ISK 39,312,000, as detailed below: The transactions are carried out under Kaldalón hf.’s share repurchase programme, which was announced on Nasdaq Iceland on 30 June 2026. Repurchases under the programme will, at a maximum, total 10,000,000 shares, provided that the aggregate consideration for the repurchases does not exceed ISK 250,000,000. Implementation of the programme commenced on Wednesday, 1 July 2026, and the programme will remain in effect until either of the above thresholds regarding volume or amount has been reached, but in any event no later than 31 December 2026. Prior to these latest transactions, Kaldalón hf. held 23,976,232 of its own shares. Following the purchases, the company holds a total of 25,656,232 treasury shares, corresponding to 2.00% of the company’s total issued share capital. Kaldalón hf. has purchased a total of 5,884,038 own shares under the programme, equivalent to 0.46% of issued share capital, for a total purchase price of ISK 144,265,790. Correction: Due to a calculation error, the cumulative number of shares purchased under the programme was overstated by 200,000 shares in the company’s announcements for weeks 28 through 40. The individual transactions, purchase prices and the company’s holding of own shares stated in those announcements were correct. The buyback programme 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 programmes. For further information, please contact: Högni Hjálmtýr Kristjánsson, COO hogni.kristjansson@kaldalon.is