Festi hf.: Issuance of a New Bond Series

Group 1 - Festi hf. has completed the sale of a new bond series, FESTI 050331, under an ISK 8,000,000,000 issuance programme with a nominal value of ISK 4,200,000,000 and a yield of 3.95% [1] - The bond series has a five-year maturity with two equal payments per year, and the settlement date is scheduled for 20 February 2026 [1] - The proceeds from the bond issuance will be used to refinance part of the Company's existing debt [2] Group 2 - Íslandsbanki's securities sales managed the issuance and sale of the bonds, as well as the admission of the bonds to trading on the Main Market of Nasdaq Iceland [2] - A base prospectus and a supplement have been published in connection with the Company's issuance programme, and related documents will be available on the Company's website [3] - The offering did not constitute a public offering and was exempt from the requirement to publish a prospectus under specific EU regulations [3]