Shareholders' list

The list below displays the shareholders/SDR holders of Arion Bank who own more than 1% of the Bank’s shares.

Name of shareholder Share capital Individuals that own at least 10% of share capital directly or indirectly

Total voting rights of Kaupthing ehf., through Kaupskil ehf., and Taconic Capital Advisors LP and related parties, through TCA New Sidecar III S.á.r.l., is restricted to 33% of total voting rights in the Bank according to the Financial Supervisory Authority (the FME) notification September 22, 2017.

Source: Monitor by Modular Finance AB. Compiled and processed data from various sources, including Euroclear, Nasdaq, Morningstar and the Swedish Financial Supervisory Authority (Finansinspektionen).

The registry is updated on a daily basis although few aggregated SDR (Swedish depository receipts) holdings are updated less frequently via information from Euroclear Sweden.