Festi hf.: Buyback program week 2

Core Viewpoint - Festi has been actively engaging in a share buyback program, increasing its ownership of own shares in accordance with regulatory frameworks [1][2]. Group 1: Share Buyback Details - In week 2 of 2026, Festi purchased a total of 195,000 own shares for a total amount of 63,850,000 ISK [1]. - The buyback program was initially announced on December 3, 2025, and aims to repurchase a total of 2,500,000 own shares, representing 0.80% of the issued shares, with a maximum purchase price cap of 825 million ISK [2]. - Following the recent purchases, Festi now holds 3,775,000 own shares, which is 1.21% of the issued shares, up from 3,580,000 shares or 1.15% prior to the buyback [2]. Group 2: Regulatory Compliance - The execution of the buyback program is compliant with the Act on Public Limited Companies No 2/1995 and the Regulation of the European Parliament and of the Council No. 596/2014 on market abuse [1]. - The buyback activities also adhere to the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021 [1].