Icelandair Group hf.: Icelandair Group publishes a prospectus

The Company has today published a Prospectus that comprises a Summary, a Registration Document and a Securities Note, all dated 8 October 2020. The Prospectus is issued in relation to warrants (the “Warrants”) issued by the Company being admitted to trading. The Prospectus will be accessible on the Company's website,https://www.icelandairgroup.is/investors/reports-and-presentations/prospectus/for a period of 10 years. Printed copies are available upon request through ...

The Company has today published a Prospectus that comprises a Summary, a Registration Document and a Securities Note, all dated 8 October 2020. The Prospectus is issued in relation to warrants (the “Warrants”) issued by the Company being admitted to trading.

The Prospectus will be accessible on the Company's website, https://www.icelandairgroup.is/investors/reports-and-presentations/prospectus/
for a period of 10 years. Printed copies are available upon request through [email protected].

The Warrants were issued to all investors that got allotted shares in the Company's Offering that concluded on 17 September 2020, and will be electronically delivered to their respective owners the day before the first day of trading, which is expected to be 13 October.

Investors will be able to trade the Warrants independently of the shares until the start of their respective execution periods which are as follows:

Warrant ticker	Warrant Class ISIN	Trading period closing date	Exercise period	Payment date	Exercise price
ICEAIRW130821	IS0000032266	02.08.2021	03.-13.08.2021	19.08.2021	1.13
ICEAIRW180222	IS0000032258	07.02.2022	08.-18.02.2022	24.02.2022	1.22
ICEAIRW120822	IS0000032274	01.08.2022	02.-12.08.2022	18.08.2022	1.30

For all further information regarding the Warrants reference is made to the full Prospectus, dated 8 October 2020, attached.

Contact information
Investors: Iris Hulda Thorisdottir, Director Investor Relations. E-mail: [email protected]
Media: Sigrún Össurardóttir, Communications. E-mail: [email protected]