Festi hf.: Buy-back programme week 9

In week 9 2023, Festi purchased in total 321,500 own shares for total amount of 58,047,000 ISK as follows:

Week	Date	Time	Purchased shares	Price	Purchase price	Total shares bought	Total puchase price
9	27.2.2023	14:55:32	50.000	183	9.150.000	1.981.020	352.699.002
9	28.2.2023	10:06:22	30.000	182	5.460.000	2.011.020	358.159.002
9	28.2.2023	15:27:54	50.000	181,5	9.075.000	2.061.020	367.234.002
9	1.3.2023	11:35:06	34	180	6.120	2.061.054	367.240.122
9	1.3.2023	12:25:40	400	180	72.000	2.061.454	367.312.122
9	1.3.2023	13:07:29	12	180	2.160	2.061.466	367.314.282
9	1.3.2023	14:19:27	110	180	19.800	2.061.576	367.334.082
9	1.3.2023	14:26:52	29.444	180	5.299.920	2.091.020	372.634.002
9	1.3.2023	15:24:08	1.500	178	267.000	2.092.520	372.901.002
9	2.3.2023	13:50:57	30.000	176,5	5.295.000	2.122.520	378.196.002
9	3.3.2023	11:20:45	3.000	180	540.000	2.125.520	378.736.002
9	3.3.2023	11:21:34	27.000	180	4.860.000	2.152.520	383.596.002
9	3.3.2023	13:50:34	100.000	180	18.000.000	2.252.520	401.596.002
			321.500		58.047.000

The execution the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995 and annex II to the Regulation on insider information and market abuse No 630/2005.

Before the purchase Festi held 5,000,000 own shares or 1.60% of issued shares. Festi has now bought in total 2,252,520 own shares for 401,596,002 ISK and holds today 7,252,520 own shares or 2.32% of issued shares.This announcement of purchase of own shares is in accordance with the buy-back programme announced 6 January 2023 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 3,000,000 own shares or 0.96% of the issued shares, with the cap of 650 million ISK purchase price.

For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).

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