Skel fjárfestingafélag hf.: Routine Announcement Regarding Share Buybacks Pursuant to Buyback Program

In week 22 of 2026, Skel purchased no own shares.

The company's share buyback programme, was implemented on the basis of the authorisation granted by the Annual General Meeting of SKEL fjárfestingafélag hf. on 5 March 2026, cf. the market announcement dated 28 April 2026. The company is expected to purchase its own shares within the limits authorised by the Annual General Meeting, provided that the total amount of the buybacks does not exceed a predetermined maximum based on the purchase price. The buybacks will continue until either of the aforementioned limits on volume or amount has been reached, unless they are discontinued earlier by decision of the company.

SKEL has purchased a total of 1,998,312 of its own shares in the company for a purchase price of ISK 32,756,330 and holds a total of 1,998,312 treasury shares, corresponding to 0.1064% of the company's total share capital, which amounts to 1,878,479,032.

The implementation of the share buyback programme is in accordance with the authorisation granted by the Annual General Meeting, the Icelandic Act on Public Limited Companies No. 2/1995 and the Act on Measures Against Market Abuse No. 60/2021, cf. Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse and Delegated Regulation (EU) 2016/1052 on regulatory technical standards and conditions applicable to buyback programmes.