KALDALÓN HF

Kaldalón hf. is a real estate development company specializing in the construction of residential real estate. The company has invested in numerous building plots in the capital area and has a unique collection of plots in landmark areas. The company has more than 850 apartments on the drawing board or in construction. The company’s strategy is to build efficiently-priced apartments that suit the needs of the general public. The financial structure of the company is such that it will be well positioned to deal with fluctuations in the construction market as well as take advantage of opportunities that arise.

BOARD OF DIRECTORS

Responsible for the company’s strategy and objectives.

Approves the investment policy and is responsible for the company’s finances and plans.

Represents shareholders and reflects their will.

INVESTMENT AND INTEREST COMMITTEE

Analyzes, evaluates and approves projects that will be presented to the Board of Directors for approval.

Discusses issues that concern the interests of the company in order to prevent conflicts of interest.

MANAGMENT

Responsible for daily operations

Finds attractive investment projects and presents them to the Investment and Interest Committee.

Manage and monitor ongoing projects

Interaction with shareholders