Eimskip – Market making agreement with Arion

Core Viewpoint - Eimskipafélag Íslands hf. has established a market-making agreement with Arion Bank to enhance liquidity and price formation for its shares on Nasdaq Iceland [1] Group 1: Agreement Details - Arion Bank will provide daily bid and ask offers for a minimum of 30,000 shares of Eimskipafélag Íslands hf. [2] - The bid-ask spread for 28,500 shares will aim for a spread close to 1.5%, not lower than 1.45%, while the spread for 1,500 shares will not exceed 1.50% [2] - Arion Bank can offer narrower spreads under certain conditions as per the Nasdaq Iceland tick-size table [2] Group 2: Trading Conditions - If Arion Bank trades 240,000 shares or more in a single day, the maximum bid-ask spread obligations will not apply for the rest of that day [3] - In cases where the share price moves more than 5% during the trading day, Arion Bank can double the specified spreads, and if the movement exceeds 10%, the spreads can be tripled [3] Group 3: Agreement Duration - The market-making agreement is effective from March 5, 2026, and is open-ended, allowing either party to terminate it with 14 days' notice [4]