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Ownership

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.