Core Viewpoint - Festi has executed a buyback program, purchasing a total of 150,000 own shares for 44,250,000 ISK in week 28 of 2025, in compliance with relevant regulations [1] Group 1: Buyback Program Details - Prior to the recent purchases, Festi held 411,226 own shares, representing 0.13% of issued shares [2] - After the buyback, Festi now holds 561,226 own shares, which is 0.18% of issued shares, having bought a total of 315,000 own shares for 91,275,000 ISK [2] - The buyback program aims to repurchase a total of 2,500,000 own shares, or 0.80% of issued shares, with a maximum purchase price of 800 million ISK [2]

Core Viewpoint - Festi has executed a buyback program, purchasing a total of 165,000 own shares for 47,025,000 ISK, increasing its ownership from 0.08% to 0.13% of issued shares [1][2]. Group 1: Buyback Program Details - The buyback program was announced on June 27, 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 of 800 million ISK [2]. - The shares were purchased at a consistent price of 285 ISK per share across multiple transactions [1]. Group 2: Compliance and Regulations - The execution of the buyback program complies with the Act on Public Limited Companies No 2/1995 and relevant European regulations regarding market abuse and fraud [1].

In accordance with Festi’s remuneration policy, a share option plan, approved at the Company’s Annual General Meeting on March 6, 2024, is in effect based on Article 10 of the Income Tax Act No. 90/2003. The share option plan is valid for a period of three years, i.e., until May 2027, and applies to all permanent employees of the Festi Group. The objective of the plan is to align the interests of employees with the performance and long-term goals of the Company and its shareholders. Implementation of the sh ...

Group 1 - The Festi Group's employee share option plan, approved on March 6, 2024, resulted in the exercise of 1,048,552 share options at an exercise price of ISK 187 per share, totaling ISK 196,079,224 [1] - The Board of Directors has authorized an increase in the company's share capital by 1,048,552 shares to fulfill obligations under the share option agreements, raising the total nominal value to ISK 312,548,552 [2] - The new shares will be registered with the Icelandic Company Registration and will be listed on the Main Market of Nasdaq Iceland [3]

See the attached announcements regarding the granting of stock options to executive management under the share option plan, based on Article 10 of the Income Tax Act No. 90/2003. Attachments Karen Ósk Gylfadóttir-tilkynning Magnús Hafliðason-tilkynning Kaupréttaráætlun fyrir starfsmenn Festi hf. og dótturfélaga ...

In an announcement by Hagar hf., published after market closing today, April 30,2025, it was disclosed that the company had decided to terminate the formal sale process of Olís shares in Olíudreifing ehf. With reference to that announcement, inter alia the conditions for continuing the sale process of Festi shares in Olíudreifing ehf. are no longer in place, and therefore, the formal sale process of the shares is hereby discontinued. “Even though a sale agreement was not achieved at this stage. the process ...

Core Insights - The company reported a strong performance in Q1 2025, with sales of goods and services reaching ISK 37,786 million, a year-on-year increase of 17.3% [4] - Profit for the quarter amounted to ISK 279 million, reflecting a 35.2% increase from the previous year [4] - The EBITDA guidance for the year 2025 remains unchanged at ISK 14,400 – 14,800 million [4] Financial Performance - Sales of goods and services increased by 17.3% year-on-year, with a 3.0% increase when excluding the impact of Lyfja [4] - The profit margin improved to 24.4%, up by 2.6 percentage points from Q1 2024 [4] - Operating expenses rose by 28.9% year-on-year, while the number of full-time equivalents increased by 281 [4] Strategic Developments - The company plans to open a new store in Reykjanesbær and close a smaller store in the same area [4] - An acquisition of property in Hafnarfjörður was made to secure key locations for future development [4] - New fuel pumps will be opened at Fiskislóð, with closures at Ægissíða as part of an agreement with the City of Reykjavík [4] Market Outlook - The company anticipates a good outlook for the summer season, which is critical for its operations [6] - Despite uncertainties in global markets due to tariff increases and policy changes, management believes the impact on operations will be minimal [6] - The company emphasizes strong foundations and technical infrastructure, indicating confidence in navigating market challenges [6]

Group 1 - Festi will publish its Q1 2025 results on Tuesday, April 29, after the market closes [1] - An investor meeting is scheduled for Wednesday, April 30, 2025, at 8:30 am GMT, at the company's headquarters in Kópavogur [2] - The meeting will be streamed live on the company's website, and participants can register for the webcast [3]