Eimskipafélag Íslands hf. enters into market making agreement with Landsbankinn

The purpose of the Agreement is to support trading in Eimskip's shares by facilitating and ensuring effective and transparent price discovery. The agreement takes into account the applicable rules and requirements governing market making on Nasdaq Iceland.

Under the Agreement, Landsbankinn will, on each trading day, submit bids and offers to buy and sell Eimskip's shares in the trading system of Nasdaq Iceland for a minimum market value of ISK 8 million. The maximum net amount that Landsbankinn is obliged to buy or sell each day is ISK 16 million at market value.
Quotes must be renewed within 10 minutes after being fully accepted. The maximum volume-weighted bid/ask spread is determined by the 10-day share price volatility of Eimskip as calculated by Bloomberg and shall not exceed 2.0% if volatility is below 30%, or 4.0% if volatility is 30% or higher. 

Market making activities under the Agreement will commence on 20 July 2026 and at the same time Eimskip’s market making agreement with Íslandsbanki terminates, while the Company's market making agreement with Arion Bank hf. will remain unchanged.

The Agreement will remain in effect until terminated by either party upon 14 days’ prior written notice.