LBI’s Financial Statements 2022 and investor call presentation have been made available on LBI’s website under https://www.lbi.is/financial-info.

LBI will host an investor call to present and discuss the results on Monday 27 March 2023 at 15:00 (GMT), 16:00 London and 11:00 New York time (EDT).

Please note that shareholders of LBI will need to register in advance to participate in the call by sending an email to ir@lbi.is no later than 18:00 (GMT) London and 14:00 New York time (EDT) on Friday 24 March 2023.

In accordance with Art. 17.1 of LBI's ehf. Articles of Association the Annual General Meeting of LBI ehf., reg. no. 540291-2259, will be held at BBA//Fjeldco at Katrínartún 2, 19th floor, 105 Reykjavík, on 4 April 2023. The meeting will commence at 10.00 AM (GMT) Reykjavik.

LBI’s Management Accounts for Q3 2022 and investor call presentation have been made available on LBI’s website under https://www.lbi.is/financial-info.

LBI will host an investor call to present and discuss the results on Friday 2 December 2022 at 14:00 (GMT) London and 9:00 New York time (EDT).

Please note that shareholders of LBI will need to register in advance to participate in the call by sending email to ir@lbi.is at the latest before 18:00 (GMT) London and 13:00 New York time (EDT) on Thursday 1 December 2022.

Pursuant to 9.1 (d) of the Conditions LBI hereby confirms, as the Euro Equivalent Available Cash, as determined on a Determination Date in respect of a Payment Date, is lower than the Distribution Threshold, LBI has decided not to make a payment of principal to the Bondholders on 15 December 2022 and to postpone such payment of principal until the scheduled Payment Date 15 June 2023 unless postponed further.

LBI’s has on 27 September 2022 decided to initiate a partial conversion of EUR 82,843,563.89 of Bonds into new EUR 82,843,563.89 Class A Shares (equity) each of nominal value EUR 0.01 (the “Conversion”) according to authorization provided in Art. 6.2. and Art. 29 of the Company’s Articles of Association, and Art. 6.1.(a) of the Terms and Conditions of the Bonds (the “Conditions”). In addition, on the 21 October 2022 89,85% of Bondholders have approved a written Extraordinary Resolution with respect to the partial conversion which was posted on LBI´s website on the 30 of September 2022.

Further to the above, the Board of Directors of the Issuer will, with reference to Article 6.2 of the Articles of Association and Condition 6.1(a) of the Conditions, increase the Issuer’s share capital by 828,435.64 from EUR 12,841,600.86 to EUR 13,670,036.50 nominal value, by issuing 82,843,563.89 new Class A Shares each of a nominal value of EUR 0.01. The Conversion rate of the new shares shall be EUR 0.01 per share.