Kaldalón hf. has completed an additional issuance in its bond series KALD 150436, which is issued under the company’s ISK 40,000 million bond programme. Bonds with a nominal value of ISK 2,500 million were sold at a yield of 4.00%. Following the issuance, the total size of the series will be ISK 4,000 million. The bond series KALD 150436 is index-linked with a fixed annual interest rate of 4% and has an 11-year maturity. The repayment structure of principal and interest follows a 30-year annuity profile. Th ...

Core Viewpoint - Kaldalón has initiated a share buyback program, purchasing a total of 2,549,537 shares for ISK 62,035,609, and has corrected previous announcements regarding its shareholdings and transactions under this program [1][2][4]. Group 1: Buyback Program Details - Kaldalón's buyback program allows for the repurchase of up to 15,000,000 shares, with a total expenditure limit of ISK 350,000,000 [2]. - The program commenced on July 1, 2025, and will continue until the maximum thresholds are reached or until December 31, 2025 [2]. - As of the latest update, Kaldalón has repurchased a total of 13,869,850 shares, representing 1.28% of the company's total issued share capital, for a cumulative purchase price of ISK 341,645,882 [3][4]. Group 2: Transaction Breakdown - The transactions conducted during the buyback program included various purchases on specific dates, with the largest single transaction being 635,000 shares on July 8, 2025 [2]. - The share prices during these transactions ranged from ISK 24 to ISK 24.8 [2]. - Following the latest transactions, Kaldalón's total shareholding increased from 13,369,850 to 13,869,850 shares [3].

Core Points - KPMG serves as the confirmation agent for Kaldalón hf. regarding financial and special covenants related to its bond issuances [1] - KPMG has confirmed that as of June 30, 2025, Kaldalón hf.'s bonds and general security arrangement comply with all financial covenants [2] - Additional asset pledging into the general security arrangement has also been reviewed by KPMG [2] Group 1 - KPMG's role includes reviewing and confirming the issuer's calculations in relation to financial and special covenants [1] - The review conducted by KPMG ensures compliance with financial covenants as of a specific date [2] - Details of KPMG's review are provided in an accompanying appendix [3]

Please see the attached notification. Attachment Tilkynning 18.9.2025 - Kaup á 205.000 hlutum ...

Reference is made to the company’s announcement on 21 August 2025 stating that Kaldalón had entered into agreements to acquire, on the one hand, all shares in Baldurshagi ehf. (“Baldurshagi”), whose sole asset following completion is the property at Krókháls 16, and, on the other hand, the properties located at Skúlagata 15 and Klettháls 1A. The conditions precedent in the purchase agreements have now been satisfied, and Kaldalón has taken delivery of the shares in Baldurshagi ehf. along with the aforementi ...

Core Viewpoint - Kaldalón hf. has successfully completed the sale of unsecured six-month bills, indicating strong market interest and a competitive interest rate environment [1][2]. Group 1: Sale Details - The total offers received for the bills amounted to ISK 1,280 million, with interest rates ranging from 8.29% to 8.40% per annum [1]. - A nominal value of ISK 1,040 million was sold at an interest rate of 8.34% [1]. Group 2: Trading Information - The payment and settlement date for the bills is set for Monday, 1 September 2025 [2]. - An application will be made for the bills to be listed on the Nasdaq Iceland Main Market, with the first trading day to be announced with at least one day's notice [2]. Group 3: Management - The sale of the bills was managed by Landsbankinn hf., indicating a collaboration between Kaldalón hf. and a prominent financial institution [2].

Core Viewpoint - Kaldalón hf. reported substantial revenue growth in the first half of 2025, driven by prior-year investments, with a notable increase in rental income and a strong operating profit margin [2][7]. Financial Performance - Operating revenues for H1 2025 reached ISK 2,638 million, up from ISK 2,132 million in H1 2024, reflecting a year-on-year growth of approximately 23.7% [4]. - Operating profit before fair value adjustments was ISK 2,056 million, compared to ISK 1,672 million in the previous year, indicating a growth of 22.9% [4]. - The profit before tax decreased to ISK 1,753 million from ISK 2,454 million, a decline of 28.5% [4]. - The return on equity was 11.3%, down from 17.3% in the previous year [4]. Investment and Growth - The company invested ISK 3.5 billion during the period, with most investments made late in the half-year, expected to contribute to revenues in the second half [6][8]. - Kaldalón signed purchase agreements for properties in Reykjavík, expected to increase annual revenues by ISK 203 million upon completion [9][12]. Outlook - The company updated its financial outlook for 2025, projecting operating revenues between ISK 5,500 million and ISK 5,670 million, and operating profit in the range of ISK 4,270 million to ISK 4,430 million [5]. - The forecast assumes completion of announced transactions related to income-generating properties in Q3 2025 [5]. Market Position and Strategy - The company reported a stable demand for rental space and resilience in the economy despite high interest rates, with a weighted average lease maturity of nearly 10 years [11]. - Market-based funding increased to 35% of total debt from 21%, aligning with the long-term strategy of increasing indexed debt and market-based financing [6][10].

Core Viewpoint - Kaldalón hf. is set to auction six-month bills in a new series, KALD 26 0302, as part of its strategy to regularly issue bills and bonds [1] Group 1: Auction Details - The auction will utilize the Dutch method, where all accepted bids are sold at the highest accepted flat yield [2] - The bills will be issued in nominal value units of ISK 20 million, with the company having the discretion to accept or reject bids [2] - Results of the auction will be announced before market opening on Tuesday, 26 August [2] Group 2: Management and Submission - Landsbankinn hf. will manage the auction, with bids required to be submitted by 16:00 on Monday, 25 August [3] - Payment and settlement for the auction is scheduled for Monday, 1 September 2025 [3] Group 3: Regulatory Information - The auction is exempt from the requirement to publish a prospectus under specific EU regulations [4] - Relevant documents regarding the issuance and trading of the bills will be available on the company's website [4] Group 4: Contact Information - For further inquiries, the CFO of Kaldalón hf. can be contacted via email, along with a contact number for Landsbankinn hf. [5]

Kaldalón hf. will publish its financial results for the first half of 2025 after market close on Thursday, August 21, 2025. An open presentation meeting regarding the results will be held on Friday, August 22, 2025, at 8:30 a.m. at Grand Hotel, Sigtún 28. Doors open at 8:15 a.m. At the meeting, the Company’s management will present the financial results, provide an update on operations during the year, and discuss the Company’s outlook. The presentation material will simultaneously be made available on Kald ...

Core Points - Kaldalón hf. has published a base prospectus for a debt issuance programme amounting to ISK 40,000,000,000 for bonds and bills [1] - The base prospectus was approved by the Financial Supervisory Authority of the Central Bank of Iceland [1] - The document is available electronically on Kaldalón's website and is in Icelandic [1]