Festi hf.: Buyback program week 1

Core Viewpoint - Festi has initiated a share buyback program, purchasing a total of 170,000 shares for 55,285,000 ISK in the first week of 2026, in compliance with relevant regulations [1][2]. Group 1: Share Buyback Details - In week 1 of 2026, Festi purchased 170,000 shares at an average price of approximately 325.00 ISK per share, totaling 55,285,000 ISK [1]. - The buyback included specific transactions: 75,000 shares at 326.00 ISK, 55,000 shares at 325.00 ISK, and 40,000 shares at 324.00 ISK [1]. - The buyback program aligns with the Act on Public Limited Companies and European regulations on market abuse [1]. Group 2: Current Shareholding Status - Prior to the recent purchases, Festi held 3,410,000 shares, representing 1.09% of issued shares, and after the buyback, it now holds 3,580,000 shares, or 1.15% of issued shares [2]. - The total shares bought back to date amount to 833,774 shares for a total expenditure of 272,545,420 ISK [2]. - The buyback program aims to acquire a total of 2,500,000 shares, with a maximum budget of 825 million ISK [2].