Kvika banki hf.: Transaction in relation to a share buy-back programme and correction of a previous announcement regarding the launch of a new share buyback programme.

Correction: Reference is made to the announcement by Kvika banki hf. (Kvika“ or „the bank“) dated 11 September 2026 regarding the termination of the existing share buyback programme and the launch of a new share buyback programme. Kvika hereby corrects information published in the Bank's announcement on 11 September 2026 regarding the launch of the new share buyback programme. During a review of data, it was identified that the purchase of 1,000,000 own shares for a total consideration of ISK 13,250,000 had not been disclosed in the Bank's announcements relating to the previous share buyback programme. Taking this correction into account, the Bank repurchased a total of 34,499,997 own shares under that programme for an aggregate consideration of ISK 459,449,959. Accordingly, the remaining authorisation under the new share buyback programme amounts to ISK 1,540,550,041, compared to ISK 1,553,800,041 previously disclosed, or a maximum of 165,500,003 shares, compared to 166,500,003 shares previously disclosed.