Shareholder‘s meeting - Arion Bank hf. will be held September 5

A shareholders’ meeting of Arion bank hf. will be held at the bank’s headquarters at Borgartun 19, 105 Reykjavik, at 16.00 Icelandic time on 5 September 2018. The meeting will be conducted in Icelandic, but translation services into English will be available.

Agenda:

1. Proposal to pay dividend to the bank’s shareholders
2. Changes to the Board of Directors
   Election of one new member to the Board of Directors to serve until the bank’s next Annual General Meeting
3. The election of two members to serve on the Nomination Committee
4. Proposal on the remuneration to the members of the Nomination Committee
5. Proposal to amend the Articles of Association
    
   a. It is proposed that the temporary provision of the Articles of Association which contains exemptions from certain provisions of the Articles on the time-frame for summoning of shareholders’ meetings will be erased. According to the provision, it became null and void when the bank’s shares were admitted to trading on Nasdaq Iceland.
    
   b. It is proposed that Addendum no 1 to the Articles of Association will be erased from the Articles of Association. The Addendum was added to the Articles of Association following a shareholders’ meeting held on 12 February 2018 and contains authorization for the bank to purchase a certain amount of its own shares. The authorization was exercised in February 2018.
    
6. Other business

For further information visit www.arionbanki.is/gm.