Arion Bank: Notice to the holders of EUR covered bonds ISIN XS2391348740

Notice by Arion Bank HF. (the “Issuer”) to the holders of the €300,000,000 Series 2021-1 Tranche 1 0.050 per cent. Fixed Rate Covered Bonds due 5 October 2026 consolidated with €200,000,000 Series 2021-1 Tranche 2 0.050 per cent. Fixed Rate Covered Bonds due 5 October 2026 (ISIN: XS2391348740) (the “Covered Bonds”, and the holders thereof, the “Covered Bondholders”) of the Issuer presently outstanding.

On 12 February 2024 the Issuer gave notice to the Covered Bondholders of a meeting of the Covered Bondholders to consider certain amendments to the terms of the Covered Bonds (the Consent Solicitation) as described in the Consent Solicitation Memorandum prepared by the Issuer and dated 12 February 2024.

Interim results of the Consent Solicitation have been received and the Issuer refers to the attached notice and the disclaimers therein in respect of those results.

For any further information please contact:

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Theodór Friðbertsson, Head of Investor Relations at Arion Bank, [e-mail], tel. [phone] or Eirikur Dor Jonsson, Head of Treasury at Arion Bank, [e-mail], tel. [phone]

Attachments

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Arion Bank CB Interim Results Announcement

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