Arion Banki

Following the exercise of share options according to the employee share option plan, a total number of 4,532,369 shares were delivered to the company’s employees on 28 February 2025. The purchase price of the shares delivered is as follows:

• 2,398,530 shares were delivered at a price of ISK 95.5
• 1,795,376 shares were delivered at a price of ISK 153.75
• 338,463 shares were delivered at a price of ISK 155.75

Following the payment of bonus under the Bank ‘s bonus scheme 1,344,246 shares were delivered to the Bank’s employees on 10 March 2025. The purchase price of the shares delivered is as follows:

• 746,712 shares were delivered at a price of ISK 166
• 597,534 shares were delivered at a price of ISK 175.5

Following the delivery of the shares, Arion Bank holds 112,238,995 of its own shares and SDRs representing 7.42% of its total issued share capital.