Íslandsbanki hf.: Call notice to bondholders of Íslandsbanki hf. SEK 750,000,000 Additional Tier 1 Notes - ISIN: XS2390396427

Íslandsbanki hf. (the “Issuer”) hereby gives notice to all Noteholders of the SEK 750,000,000 Floating Rate Perpetual Temporary Write Down Additional Tier 1 Notes with ISIN: XS2390396427 issued by the Issuer (the “Notes”), of the Issuer’s intention to exercise the option to redeem the aggregate outstanding principal amount of the Notes on the Interest Payment Date falling on or nearest to 28 September 2026 at their Prevailing Principal Amount, together with any accrued and unpaid interest to (but excluding) the date fixed for redemption. The redemption of the Notes as aforesaid will be effected in accordance with Condition 7(c) of the Terms and Conditions of the Notes.