Following are the candidates for the Board of Directors of Icelandair Group at the Shareholders meeting to be held on Wednesday 15 September 2010 at 16:00 at the Hilton Reykjavík Nordica: Board members. Auður Finnbogadóttir, id: 200767 3739 Finnbogi Jónsson, id: 180150-2429 Friðrik Ásmundsson Brekkan,id: 210451-5959 Katrín Olga Jóhannesdóttir, id: 010862-7369 Sigurður Helgason, id: 010546-2069 Úlfar Steindórsson, id: 030756-2829 Alternate Board Members Herdís Dröfn Fjeldsted, id: 210971-4329 Magnús Magnússon, id: 160965-4799 Vilborg Lofts, id: 121256-3129 The shareholders meeting shall elect 5 board members and 3 alternate members. Alternate board members of Icelandair Group have therfore been chosen without election.