Kaldalón hf.: Results of the Annual General Meeting 2026

Core Viewpoint - Kaldalón hf. held its Annual General Meeting on March 26, 2026, where several key proposals were unanimously approved, including financial statements, dividend payments, board elections, and share capital reduction. Financial Statements and Profit Allocation - The 2025 Annual Financial Statements were confirmed and approved, with a dividend of ISK 1,000,000,000 proposed, equating to ISK 0.94 per share [2]. Board of Directors and Committees - Five individuals were elected to the Board of Directors, with Ásgeir Helgi Reykfjörð Gylfason appointed as Chairman and Haukur Guðmundsson as Vice Chairman [4]. - The Nomination Committee was elected unopposed, consisting of Ásgeir Sigurður Ágústsson, Margrét Sveinsdóttir, and Unnur Lilja Hermannsdóttir [11]. - Harpa Vífilsdóttir was elected as an external member of the Audit Committee [12]. Auditor Appointment - PricewaterhouseCoopers ehf. was unanimously approved as the Company's auditor for the upcoming financial year [5]. Remuneration Decisions - Board members will receive ISK 400,000 per month, with the Chairman earning double and the Vice Chairman earning one and a half times that amount [6]. - Audit Committee members will receive ISK 75,000 per month, while the Chairman will earn ISK 150,000 per month [7]. - Nomination Committee members will receive ISK 800,000 per term, with the Chairman earning ISK 1,100,000 per term [8]. - No separate remuneration will be provided for members of the Remuneration Committee [9]. - The Company's Remuneration Policy was approved unchanged from the previous year [10]. Share Capital and Buyback Authorization - The share capital will be reduced by ISK 242,918,180 through the cancellation of 24,291,818 treasury shares, amending the Articles of Association to reflect a new share capital of ISK 10,615,265,260 [13]. - The Board of Directors was authorized to purchase the Company's own shares until June 30, 2027, with specific conditions outlined for the repurchase program [14][15].