Kaldvik AS: MANDATORY NOTIFICATION OF TRADE PRIMARY INSIDERS

Reykjavík, 10 June 2025: Austur Holding AS, the largest shareholder of Kaldvik AS (the "Company"), has purchased 860,000 shares in the Company at a price of NOK 14 per share.

Please refer to the attached notification of trading for further details.

For further information, please contact:
Róbert Róbertsson, CFO: +354 843 0086 (mobile)

This information is subject to disclosure requirements set out in the Market Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act Section 5-12.

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