Kvika launches new share buyback program worth up to ISK 1.55 billion

• Kvika terminated its July 3 share buyback program, then launched a new program under the same authorizations.
• The new program keeps the overall cap at ISK 2 billion or 200,000,000 shares, whichever comes first.
• From July 6 to Sept. 11, it repurchased 33,499,997 shares for ISK 446.2 million under the terminated program.
• New remaining capacity set at ISK 1.55 billion or 166,500,003 shares, reflecting purchases already completed.
• Daily repurchases lifted to 25% of the prior 20-day average trading volume; program can start Sept. 14, ends by April 30, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kvika banki hf. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609111140OMX_____CNEWS_EN_GNW1001262279_en) on September 11, 2026, and is solely responsible for the information contained therein.