Kvika banki hf.: Transaction in relation to a share buyback programme

In week 13 Kvika banki hf. („Kvika“ or „the bank“) purchased 12,500,000 of its own shares at the purchase price ISK 216,150,000. See further details below: DateTimeNo. of shares purchasedShare price (rate)Purchase price 26.3.202510:08:05 1,000,000 21.121,100,000 26.3.202513:33:09 1,000,000 21.321,300,000 26.3.202515:03:00 1,000,000 21.321,300,000 27.3.202509:46:52 1,000,000 16.216,200,000 27.3...

Reykjavík, 31/03/2025 (informazione.it - comunicati stampa - servizi)

In week 13 Kvika banki hf. („Kvika“ or „the bank“) purchased 12,500,000 of its own shares at the purchase price ISK 216,150,000. See further details below:

Date	Time	No. of shares purchased	Share price (rate)	Purchase price
26.3.2025	10:08:05	1,000,000	21.1	21,100,000
26.3.2025	13:33:09	1,000,000	21.3	21,300,000
26.3.2025	15:03:00	1,000,000	21.3	21,300,000
27.3.2025	09:46:52	1,000,000	16.2	16,200,000
27.3.2025	10:28:02	1,000,000	16.25	16,250,000
27.3.2025	14:16:20	1,000,000	16.15	16,150,000
27.3.2025	15:11:28	1,000,000	16.15	16,150,000
28.3.2025	09:32:56	1,000,000	15.95	15,950,000
28.3.2025	11:15:00	2,000,000	15.95	31,900,000
28.3.2025	13:13:15	1,000,000	16.0	16,000,000
28.3.2025	14:23:00	1,000,000	15.95	15,950,000
28.3.2025	15:19:09	500,000	15.8	7,900,000
Total		12,500,000		216,150,000

The trade is in accordance with Kvika's buyback programme, announced on 27 February 2025 and based on the authorisation of a shareholders' meeting of Kvika held on 21 March 2024.

Kvika has now purchased a total of 42,647,962 shares under the buyback programme, which corresponds to 0.903% of issued shares in the company. The total purchase price is ISK 817,356,231. Post these transactions Kvika holds 104,541,303 of own shares which corresponds to 2.214% of issued shares.

Buyback under the programme will amount to a maximum purchase price of 2,500,000,000 ISK.

The buyback programme is in effect from 27 February 2025 until Kvika's annual general meeting 2026. unless the maximum purchase price will be reached before that time.

The execution of the buy-back programme must comply with Act on Public Limited Companies. No. 2/1995. In addition. the buy-back programme must be implemented as provided for in the Regulation of the European Parliament and of the Council no. 596/2014. on market abuse. as well as the Commission Delegated Regulation (EU) 2016/1052 on regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures. which supplements that Regulation.

Further information please contact Kvika's investor relations. ir@kvika.is