Arion Bank hf. has today given notice to holders of its outstanding EUR 300,000,000 4.875 per cent. Green Notes due 21 December 2024 (ISIN: XS2498976047) (the Notes) of full redemption pursuant to an Issuer Residual Call. Further information on the redemption is available in the announcement made public on the Luxembourg Stock Exchange (https://www.bourse.lu/notices) where the bonds are listed.