Statement of the Monetary Policy Committee October 7 2026

Central Bank of Iceland interest rates and reserve requirements Interest rates effective as of 7 October 2026 Reserve ratios effective as of 21 October 2026 With reference to the Monetary Policy Committee decision of 7 October 2026 and in ac￾cordance with Article 22 of the Act on the Central Bank of Iceland, no. 92/2019, cf. Article 10 of the same Act, the Bank has decided that interest rates on Central Bank facilities for financial undertakings shall be as follows. Interest rate 1

1. Overnight loans 9.75%
2. Seven-day collateralised loans 8.75%
3. Seven-day term deposits 8.00%
4. Current accounts 7.75%
5. Minimum required reserves, average maintenance 7.75%
6. Minimum required reserves, fixed requirement 0.00%
   Other interest rates are decided by the Governor at any given time.
   As soon as the interest rates and reserve requirements according to this announcement take effect, the Central Bank of Iceland interest rates and reserve requirements according to previous announcements shall cease to apply. With reference to the Monetary Policy Committee decision of 7 October 2026, and in ac￾cordance with Article 23 of the Act on the Central Bank of Iceland, no. 92/2019, cf. Article 10 of the same Act, cf. also Article 4, Paragraph 1 and Article 6 of the Central Bank of Iceland Rules on Minimum Reserve Requirements, no. 585/2018, the Central Bank has decided that the reserve ratio of items in the reserve base, as well as the distribution between the fixed and average maintenance requirements, shall be as follows. Reserve requirement on the reserve base, fixed requirement 3.00% Reserve requirement on the reserve base, average maintenance 0.00% Total reserve requirement on the reserve base 3.00% Reykjavík, 7 October 2026 CENTRAL BANK OF ICELAND 1 In terms of nominal interest rates. Day count rule: actual/360.