In accordance with statutory law, Bakkavör Group complies with the Rules on Treatment of Insider Information and Insider Trading (‘the Rules’) issued by the Financial Supervisory Authority (www.fme.is). In accordance with the Rules, an independent Compliance Officer, appointed by the Board of Directors, is responsible for monitoring and supervising the handling of insider information. In addition, the Group has in place rules on the handling of inside information and insider trading. These additional rules of the Group state, among other things, that it is preferable that primary insiders do not trade in the securities of the Group except during a six-week period from the publication of the Group’s financial reports, regardless of whether they possess inside information or not. The Compliance Officer is responsible for keeping employees informed about these rules, as well as maintaining the list of insiders which can be accessed on the website of the Financial Supervisory Authority, www.fme.is.