Results of the voting at the Extraordinary General Meeting on 19 December 2016

At the Extraordinary General Meeting, held at Hilton Reykjavík Nordica, Suðurlandsbraut 2, Reykjavík, on 19 December 2016 at 1:00 pm, the following proposal set out in the notice of the meeting was duly passed by the majorities set out below:

1. Vote on a resolution regarding a settlement with the former Winding-up Board of Glitnir HoldCo ehf. in relation to the Indemnity Fund that was established in September 2015:

• 99.63% of shareholders who attended the meeting voted in favour of the proposal
• 0.06% of shareholders who attended the meeting voted against the proposal

The meeting was attended by creditors representing 67,32% of Glitnir´s share capital.

Further information about the meeting can be found in the meeting minutes that have been published on the secured website.