AGM 13 March 2024

Nomination Committee’s report and information on candidates

The Bank’s Nomination Committee has an advisory role when it comes to the election of Board members and submits a reasoned proposal at shareholders’ meetings where election of Board members is on the agenda, of candidates to serve on the Board.

The Nomination Committee’s report and information on the candidates is available below.

Proposals of the Nomination Committee for the Annual General Meeting 2024

The following candidates have announced that they wish to stand for election to the Board of Directors of Arion Bank:

• Gunnar Sturluson

• Gudrún Johnsen

• Kristín Pétursdóttir

• Liv Fiksdahl

• Paul Horner

• Peter Franks

• Steinunn Kristín Thórdardóttir

The Nomination Committee has proposed the following candidates be elected to the Board of Directors of Arion Bank:

• Gunnar Sturluson

• Kristín Pétursdóttir

• Liv Fiksdahl

• Paul Horner

• Steinunn Kristín Thórdardóttir

The Nomination Committee also proposes that Paul Horner be elected as Chairman of the Board and that Kristín Pétursdóttir be elected as Vice Chairman.

Furthermore, the Committee has proposed the following candidates to serve on the Board of Directors as Alternate Directors:

• Einar Hugi Bjarnason

• Sigurbjörg Ásta Jónsdóttir

The following are candidates to the Nomination Committee:

• Audur Bjarnadóttir

• Júlíus Thorfinnsson