Re­ports pub­lished by Ar­i­on Bank

Arion Group has set itself clear financial targets which are released publicly. Arion performed well in key respects in 2025, and the Bank reached its target of return on equity above 13%. In addition, the Bank, its divisions, subsidiaries and the Group’s employees operate in line with a diverse set of targets. Many of them are integral to the companies’ incentive schemes, and the employees can monitor how these targets develop throughout the year.

The 2025 Annual and Sustainability Report contains information on human resources, environment and climate issues, financed emissions, sustainable finance and sustainable accounts in accordance with GRI Standards and the Nasdaq ESG Reporting Guide. The Bank has begun to implement the European Sustainability Reporting Standards (ESRS) and the reporting in accordance with ESRS applies to the whole Group.

Sustainability legislation incorporating the EU Taxonomy came into effect in Iceland in 2023. Information disclosed in accordance with the EU Taxonomy is published in an annex to the consolidated financial statements.

Arion Bank’s Pillar 3 Risk Disclosures describe in detail the main risk factors in the Bank’s operations and they contain comprehensive information on the Bank’s risk management and capital management strategies. They also contain information on the Bank’s governance structure with respect to risk and the remuneration policy. The report is published in accordance with the European Banking Authority’s templates and should be read in conjunction them.