Arion Bank hf.: Notice to the holders of the USD 100,000,000 AT1 notes, ISIN XS2125141445, of full redemption

For any further information please contact:

Theodór Friðbertsson, Investor Relations at Arion Bank, [email protected], tel. +354 856 6760 or Eirikur Dor Jonsson, Head of Treasury at Arion Bank, [email protected], tel. +354 856 7171