Kvika banki hf.: Transaction in relation to a share buy-back programme – buy-back is completed

Summary of Key Points Core Viewpoint - Kvika banki hf. has successfully executed a share buyback program, purchasing a total of 14,902,447 shares for ISK 202,578,769, in line with its previously announced buyback strategy [1][2]. Group 1: Buyback Program Details - The total number of shares purchased under the buyback program now stands at 163,590,409, which represents 3.533% of the company's issued shares [2]. - The total expenditure for the buyback program amounts to ISK 2,500,000,000, and the program has now been completed [2]. - Following these transactions, Kvika holds 134,410,410 of its own shares, equating to 2.902% of the issued shares [2]. Group 2: Compliance and Regulations - The execution of the buyback program adheres to the Act on Public Limited Companies No. 2/1995 and complies with the relevant European regulations regarding market abuse and buyback programs [3].