SKEL fjárfestingafélag hf.: Shareholders’ Meeting 4 November 2025

Core Points - The Board of SKEL has scheduled a shareholders' meeting on 4 November 2025 to address the second dividend payment [1][3] - The second dividend payment of ISK 3,000,000,000 was originally set for 20 October 2025 but will be proposed to be moved to 5 November 2025 [2][5] - Strengur hf., the largest shareholder with 51.59% ownership, has committed to attending the meeting and voting in favor of the Board's proposal [6] Summary by Sections Shareholders' Meeting - The shareholders' meeting will take place at 16:00 on 4 November 2025 at the Reykjavík Edition [1] - Meeting materials are available on the company's website [1] Dividend Payments - The first part of the dividend for the financial year 2024, amounting to ISK 3,000,000,000, was paid on 20 March 2025 [1] - The second part of the dividend, also ISK 3,000,000,000, was scheduled for 20 October 2025, with the record date set for 14 October 2025 and the ex-dividend date for 13 October 2025 [2][4] Legal Compliance - The Board identified a potential legal issue with the original payment date of 20 October 2025, which would exceed the six-month deadline stipulated by law [3] - The proposal at the upcoming meeting aims to amend the payment date to 5 November 2025 to ensure compliance with legal requirements [5] Shareholder Support - Strengur hf. has confirmed its attendance and support for the Board's proposal, ensuring the necessary majority for approval [6]