Announcement from Orkuveita Reykjavíkur

Core Insights - Norðurál, a major customer of ON Power, is experiencing a production halt due to a malfunction at its plant in Grundartangi, which will impact ON Power's operations [1] Company Impact - The malfunction at Norðurál's plant will lead to a partial halt in smelting production [1] - Communication between ON Power and Norðurál has been effective since the incident occurred, although the full extent of the impact is still being assessed [1]