NASDAQ Iceland hf.: Arion banki hf. - Bond (ARION 28 1215) admitted to trading on December 15, 2023

Issuer                                   
   Information                                
1  Issuer:     Arion banki hf                       
2  Org. no:    581008-0150                         
3  LEI       ??RIL4VBPDB0M7Z3KXSF19?                   
                                        
  Issue                                    
   Information                                
4  Symbol     ARION 28 1215                        
   (Ticker)                                  
5  ISIN code    IS0000035871                        
6  CFI code    DBFUFR                           
7  FISN númer   ARION BANKI HF/4.35 BD 20281215               
8  Bonds/bills:  Bond                            
9  Total issued  EUR 3,000,000,000                      
   amount                                   
10 Total amount  NA                             
   previously                                 
   issued                                   
11 Amount issued  8740000000                         
   at this time                                
12 Denomination  20000000                          
   in CSD                                   
13 Listed on    Yes                             
   Nasdaq Stock                                
   Exchange                                  
                                        
  Amortization -                               
   Cash Flow                                 
14 Amortization  Bullet Bond                         
   type                                    
15 Amortization                                
   type, if                                  
   other                                   
16 Currency    ISK                             
17 Currency, if                                
   other                                   
18 Issue date   December 15, 2023                      
19 First ordinary December 15, 2028                      
   installment                                
   date                                    
20 Total number  1                              
   of                                     
   installments                                
21 Installment                                 
   frequency                                 
22 Maturity date  December 15, 2028                      
23 Interest rate  4,35%                            
24 Floating                                  
   interest                                  
   rate, if                                  
   applicable                                 
25 Floating                                  
   interest                                  
   rate, if                                  
   other                                   
26 Premium                                   
27 Simple/compoun                               
  d interest                                 
28 Simple/compoun                               
  d, if other                                 
29 Day count    30E/360                           
   convention                                 
30 Day count                                  
   convention,                                
   if other                                  
31 Interest from  December 15, 2023                      
   date                                    
32 First ordinary June 15, 2024                        
   coupon date                                
33 Coupon     2                              
   frequency                                 
34 Total number  10                             
   of coupon                                 
   payments                                  
35 If irregular                                
   cash flow,                                 
   then how                                  
36 Dirty price /  Clean price                         
   clean price                                
37 Clean price   Full nominal                        
   quote                                   
38 If payment                                 
   date is a                                 
   bank holiday,                               
   does payment                                
   include                                  
   accrued                                  
   interest for                                
   days missing                                
   until next                                 
   business day?                               
                                        
                                        
                                        
  Indexing                                  
39 Indexed     Yes                             
40 Name of index  Vísitala neysluverðs                    
          -------------------------------------------------------------
41 Daily index or Daily Index                         
   monthly index                               
42 Daily index or Click here to enter text.                  
   monthly                                  
   index, if                                 
   other                                   
          -------------------------------------------------------------
43 Base index   604,5733                          
   value                                   
44 Index base   December 15, 2023                      
   date                                    
                                        
  Other                                    
   Information                                
45 Call option   No                             
46 Put option   No                             
47 Convertible   No                             
48 Credit rating  Arion Bank has a Issuer rating: Moody's A3 from 14.    
   (rating     September 2023 (stable oulook)     From S&P: BBB 17 
   agency, date)  November 2023 (Stable outlook)               
49 Additional   Each and every party, who from time to time is the     
   information   registered owner of the bonds described by these terms   
           shall be regarded, by virtue of its ownership and its   
           holding of the bonds, as having provided the issuer and, as
           the case may be, the bondholders' agent, with the     
           permission to request and receive, whenever it deems fit, 
           information pertaining to its identity as the registered  
           owner of the bonds from either Nasdaq CSD and/or any    
           account institutions where the bonds may be held on custody
           accounts                          
                                        
                                        
  Admission to                                
   Trading                                  
50 Registered at  Yes                             
   CSD                                    
51 Securities   Nasdaq verðbréfamiðstöð                   
   depository                                 
52 Date of     December 14, 2023                      
   Application                                
   for Admission                               
   to Trading                                 
53 Date of     December 14, 2023                      
   Approval of                                
   Application                                
   for Admission                               
   to Trading                                 
54 Date of     December 15, 2023                      
   admission to                                
   trading                                  
55 Order book ID  ARION_28_1215                        
56 Instrument   Corporate Bonds                       
   subtype                                  
57 Market     Iceland Cash Bond Trading                  
58 List      ICE_BANK_BONDS                       
   population                                 
   name                                    
59 Static     No                             
   volatility                                 
   guards                                   
60 Dynamic     No                             
   volatility                                 
   guards                                   
61 MiFIR      BOND - Bonds                        
   identifier                                 
62 Bond type    CRPB - Corporate Bond