The 2026 Annual General Meeting of LBI ehf. with company no. 540291-2259 and registered offices at Ármúli 21, 108 Reykjavík, Iceland (the “Company”) in respect to the year of 2025 will be convened and held at the offices of the law firm Réttur – Aðalsteinsson & Partners at Klapparstígur 25-27, 3rd floor, 101 Reykjavík, Iceland on 22 April 2026. The meeting will commence at 14:00 local time (GMT+0).

Pursuant to 9.1(c) of the Conditions, and in furtherance of the Payment Notice issued on the 5 December 2025, the Issuer hereby notifies the Noteholders that the final amount of Euro Equivalent Available Cash paid on the 15 December 2025 will be €5,000,000.

Terms defined in this notice shall be constructed in accordance with the conditions set out in the Schedule 1 to the Trust Deed, dated March 23rd, 2016 and made between the Issuer, the Trustee and the U.S. Trustee (the “Conditions“) (as amended in a noteholder meeting on 28 November 2016).

Pursuant to the Condition 9.1(b) of the Conditions, the Issuer hereby notifies the Noteholders of a payment which will be applied in partial redemption of the Notes on the Payment Date of 15 December 2025. The estimated Euro Equivalent Available Cash for this payment is € 5,000,000.

LBI’s Management Accounts for Q3 2025 have been made available on LBI’s website under https://www.lbi.is/financial-info.

LBI will be hosting investor calls going forward when there are material developments to report on.

LBI’s Management Accounts for Q2 2025 have been made available on LBI’s website under https://www.lbi.is/financial-info.

LBI will be hosting investor calls going forward when there are material developments to report on.