Festi hf.: Buyback program week 37

Core Points - Festi has executed a buyback program, purchasing a total of 130,000 own shares for 39,600,000 ISK in week 37 of 2025 [1] - Prior to the recent purchase, Festi held 1,901,226 own shares, representing 0.61% of issued shares, and after the buyback, it now holds 2,031,226 own shares, or 0.65% of issued shares [2] - The buyback program aims to repurchase a total of 2,500,000 own shares, which is 0.80% of the issued shares, with a maximum purchase price of 800 million ISK [2] Purchase Details - The buyback transactions occurred on three different dates: - 50,000 shares on September 8, 2025, at a price of 305 ISK per share, totaling 15,250,000 ISK - 30,000 shares on September 9, 2025, at a price of 305 ISK per share, totaling 9,150,000 ISK - 50,000 shares on September 10, 2025, at a price of 304 ISK per share, totaling 15,200,000 ISK [1] - The total number of shares purchased during this buyback program is now 1,785,000 shares for a total expenditure of 534,710,000 ISK [2] Compliance and Regulations - The execution of the buyback program is in compliance with the Act on Public Limited Companies No 2/1995 and relevant European regulations regarding market abuse and fraud [1]