Since December 2006 Icelandair Group’s shares have been listed on NASDAQ Iceland under the symbol ICEAIR. The market capitalization of the Company was ISK 54.9 billion at year-end. The Company’s share price decreased by 17% in 2023 and was 1.34 at the end of the year.

The Company's share capital amounts to ISK 41,120,247 thousand according to its Articles of Association. Each share carries one vote at shareholders' meetings. The shares are freely transferable unless otherwise stipulated by law. All shareholders hold equal rights to dividend payments as declared from time to time. The Company held no treasury shares at year-end 2023.

Icelandair Group’s share price was ISK 1.34 at year-end 2023 compared to 1.61 at year-end 2022, a decrease of 17.2%. The highest closing price in 2023 was ISK 2.29 per share, the lowest closing price was ISK 1.23 per share and the average closing price over the year was ISK 1.80 per share.

Icelandair has an agreement with Arion banki hf. regarding market-making for the issued shares of Icelandair Group. The agreement is of unspecified duration and may be terminated with 14 days’ notice. The purpose of the agreement is to improve liquidity and to enhance transparent price formation for the Company’s shares on NASDAQ Iceland.

Shares in Icelandair Group were traded 15,531 times in 2023 (2022: 21,019 times) for a total market value of ISK 72.8 billion (ISK 59.5 billion in 2022). The average number of shares traded daily was 160.9 million. Icelandair Group’s market capitalization at the end of 2023 was ISK 54.9 billion.

Total comprehensive profit for the year was USD 14,647 million in 2023, corresponding to 0.03 US cents per share. The Company’s total equity at year-end was USD 288.3 million.

At the end of 2023 the number of shareholders was 14,404, and decreased by 1,492 during the year. The ten largest shareholders held 39.8% of the shares at year end.

Icelandair Group's goal is to pay 20-40% of each year's net profit in dividends. Final annual dividend payments will be based on the financial position of the Company, operating capital requirements and market conditions.

The Company had an accumulated deficit at year-end, accordingly the Board of Directors proposes no dividend payment to shareholders for the year 2023.

Icelandair Group’s objective is to ensure that timely and correct information about the Company is made available to all stakeholders simultaneously, regularly and consistently. All press releases, financial disclosures and Company announcements are published through GlobeNewswire, a NASDAQ company. Icelandair strives continuously to improve the quality, transparency and consistency of its information disclosures.

The investors’ website at www.icelandairgroup.com/investors/ provides extensive news and background information on Icelandair for both analysts and investors. The site contains archived regulatory announcements, financial reports and presentations, shareholder information, share price information, dividend policy, and the financial calendar.