Norse Atlantic Airways - Småprat

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Norse Atlantic ASA: Cancellation of subsequent offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES
OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION
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WOULD BE UNLAWFUL.

Reference is made to the stock exchange announcement on 29 November 2024 by
Norse Atlantic ASA (the “Company” or “Norse”) regarding the placement of new
shares for gross proceeds of NOK 96,392,880 (the “Private Placement”), equal to
approx. USD 8.7 million, including that the Company would consider to carry out
a subsequent offering of up to 82.8 million new shares (the “Subsequent
Offering”) at NOK 5 per share (the “Subscription Price”), equal to the
subscription price in the Private Placement, depending on, among others, the
prevailing market price and traded volume of the shares in the Company following
completion of the Private Placement.

Following the announcement of the completion of the Private Placement (29
November 2024), the Company’s shares have traded below the Subscription Price
(NOK 5 per share) for the majority of the time (the VWAP per share has been NOK
3.9362 between 29 November 2024 and 20 March 2025) and at significant volumes
(approx. 37.4 million shares have been traded on the Oslo Stock Exchange between
29 November 2024 and 20 March 2025). Accordingly, any existing shareholder
wishing to reduce the dilutive effect of the Private Placement has had
sufficient opportunity to purchase shares in the market at prices at or below
the Subscription Price. Additionally, the closing price per share on the
previous trading day (20 March 2025) on the Oslo Stock Exchange (i.e. the
current market price per share) was NOK 4.735 (i.e. below the Subscription
Price).

In light of this, the board of directors of the Company has today resolved not
to proceed with the Subsequent Offering.

All due preparations were made by Norse for the Subsequent Offering, including
that a prospectus registration document has been approved by the Financial
Supervisory Authority of Norway (Nw. Finanstilsynet). The registration document
is available on: https://corporate.flynorse.com/en-gb/investor-relations/report
-presentations/.

For further information, please contact:

Investors: CFO, Anders Hall Jomaas, Anders.Jomaas@flynorse.com

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

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Norse Remains With Record-High Load Factor

In March, Norse Atlantic Airways recorded a load factor of 95%, equaling its
highest ever load factor achieved, and representing a 13-percentage point
increase from 82% in the same month the year before. The load factor of own
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scheduled network stand-alone was 93%, compared to 79% in March 2024. The
Company operated 374 flights and transported 108,710 passengers across its
network and ACMI/charter operations, a 27% increase in passenger numbers
compared to the same period last year. 73% of the flights departed within 15
minutes of their scheduled departure time, on par with the same month last year.
On-time performance was negatively impacted by Air Traffic Control (ATC) delays
and airport congestions. ACMI/charter services saw large growth, with 167
flights operated in March 2025 compared to 46 flights in March 2024.

Investor contacts: Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com

Kilde

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Norse Atlantic ASA - Annual report for 2024

The board of directors of Norse Atlantic ASA (“Norse” or the “Company”) has
approved Norse’s Annual Report for 2024.

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Please find attached the Annual Report 2024 for Norse (ESEF and pdf). The report
will also be available on the Company’s website www.flynorse.com.

Arendal, 30 April 2025.

Contact: Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com

This information is subject to the disclosure requirements pursuant to Section 5
-12 the Norwegian Securities Trading Act.

Kilde

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Norse Atlantic Remains Steady at Record-High Load Factor

Arendal, Norway, 6 May 2025 - In April, Norse Atlantic Airways remained at a
record-high 95% load factor, an increase of 16%-points compared to April 2024.
The load factor in own scheduled network also was the highest ever at 95%, a YoY
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increase of 19%-points.

(Comparable figures for the same month the previous year shown in brackets)

· 95% load factor across own network and ACMI/Charter operations (79%)
· 95% load factor in own scheduled network (76%)
· 433 flights in own scheduled network (337)
· 66 ACMI/charter flights operated (61)
· 155,813 passengers transported (98,542) across own network and ACMI/charter
operations, up 58% YoY
· 71% of the flights departed within 15 minutes of their scheduled departure
time (81%)
· On-time performance was negatively impacted by Air Traffic Control (ATC)
delays and airport congestions

Bjørn Tore Larsen, CEO, Founder and major shareholder of Norse Atlantic,
comments:

“I’m pleased that for the third consecutive month we reached a record-high 95%
load factor across our own scheduled network and chartered flights. We have a
good momentum into the upcoming busy summer months, where we will continue to
deliver our affordable, value for money product to our customers worldwide.”

Investor contacts: Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com

This information is subject to disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

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Norse Atlantic completes IndiGo wet-lease agreement with two more aircraft

Arendal, Norway, 8 May 2025 - Norse Atlantic Airways has entered into a wet
lease agreement with Interglobe Aviation Limited (“IndiGo”) for two more
aircraft. This completes the scope of six Boeing
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787-9 Dreamliners described in the letter of intent (LOI), published November
29, 2024.

The agreement secures additional fixed long-term revenues for Norse Atlantic and
reduces the company’s market risk, and is in accordance with Norse Atlantic’s
strategy to create strong efficiencies through maximum utilization of the
aircraft fleet, combining demand from both ACMI and own scheduled network.

“This agreement represents an important milestone in our collaboration with
IndiGo and reinforces our partnership with one of the world’s leading airlines.
The wet lease agreement with a total of six aircraft means that we further
strengthen our strategic and financial position in a volatile market”, says
Bjørn Tore Larsen, CEO and founder of Norse Atlantic Airways.

The additional two aircraft are expected to start operations by early 2026,
serving long haul routes out of India. The initial term of the Agreement is six
months, extendable up to 18 months, subject to regulatory approvals. Both
parties remain committed to exploring opportunities to further extend this
period, subject to regulatory approvals. The first aircraft was delivered in
March and is already servicing IndiGo’s Delhi - Bangkok route.

The commercial terms of the Agreement for the additional two aircraft are in
line with what was communicated by the Company in the announcement of the LOI on
29 November 2024.

IndiGo is the largest airline in India by passengers carried and fleet size, it
is also one of the largest individual airlines in Asia and the world, both in
terms of passengers carried, fleet size and market cap. In FY 25 IndiGo carried
more than 118 million passengers. Currently, IndiGo operates primarily domestic
and regional short to medium haul services out of India but are in the process
of expanding its global reach by adding long-haul services. To support its long
-haul expansion IndiGo has placed a firm order for 30 Airbus 350-900 wide body
aircraft with an option for additional 70 aircraft, with deliveries expected to
commence from 2027.

Investor contacts: Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com

Media contacts: Bård Nordhagen, CCO, baard.nordhagen@flynorse.com

About Norse Atlantic Airways

Norse Atlantic is an airline that offers affordable fares on long-haul flight.
The company was founded by CEO and major shareholder Bjørn Tore Larsen in
January 2021. Norse has a fleet of 12 modern, fuel-efficient and more
environmentally friendly Boeing 787 Dreamliners that serve destinations
including New York, Los Angeles, Miami, Orlando, Bangkok, Cape Town, Oslo,
Stockholm, Athens, London, Berlin, Rome and Paris. The company’s first flight
took off from Oslo to New York on June 14, 2022.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to MAR article 17 and the Norwegian Securities Trading Act section 5
-12. This stock exchange announcement was published by Anders Hall Jomaas on the
time and date provided.

Kilde

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Norse Atlantic ASA - Invitation to Presentation of the Q1 2025 Results

Norse Atlantic ASA is pleased to invite to an online presentation of the Q1 2025
financial results on Wednesday, May 21, at 09:00 AM CEST.

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The presentation will be hosted by Bjørn Tore Larsen (CEO) and Anders Hall
Jomaas (CFO).

To join the live presentation, please use the following
link: https://channel.royalcast.com/landingpage/hegnarmedia/20250521_1/

The presentation material will be available on the Investor Relations section
of Norse Atlantic’s website, corporate.flynorse.com/en-gb/investor-relations/
and on newsweb.oslobors.no/.

A recording of the presentation will also be accessible on the Investor
Relations page.

For further inquiries, please contact:
Anders Hall Jomaas (CFO) - anders.jomaas@flynorse.com

This information is subject to disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

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Norse Atlantic ASA: Strong revenue growth driven by new commercial strategy and dual ACMI/network model

Arendal, Norway, 21 May 2025 - Norse Atlantic ASA today reports strong revenue
growth for the first quarter of 2025 driven by a record 95% load factor
reflective of the new commercial strategy and execution of the planned
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transition to the dual ACMI charter and own scheduled network operating model.

Q1 2025 headlines (comparative figures for Q1 2024):

· Record load factor of 95%, 51% YoY increase in passengers flown
· Average revenue per passenger in own network up 5% YoY and PRASK up 27%
· 23% increase in revenue excluding USD 28.7 million aircraft redelivery gain
· Successful delivery on ACMI strategy
· Pre-sales trending well above same time last year

CEO, Founder and major shareholder, Bjørn Tore Larsen:

2025 has started on a positive note with a world-leading load factor of 95%,
significant volume growth and increased revenue per passenger compared to the
first quarter of 2024.

The improvements across all key performance indicators are a function of Norse
Atlantic Airways’ new commercial strategy implemented in 2024 and continuous
focus on operational efficiencies. This is reflected in improved year-over-year
financial performance during a seasonally low quarter for the airline industry.
Our progress and aim to deliver full year 2025 profitability are supported by
the commercial strategy delivering increased load factor, the transition to a
dual-leg ACMI and own network model, and ongoing cost and efficiency
initiatives.

Following completion of the planned redelivery of three 787-8 aircraft, we now
have a uniform fleet of 12 modern, efficient and in-demand 787-9 aircraft. These
form a strong base for further improvements based on our dual leg model with
ACMI charters reducing our market risk and complementing operations in own
scheduled network.

The LOI for longer-term ACMI engagements with IndiGo, India’s leading and one of
the world’s largest airlines, for up to six aircraft have become firm contracts.
The contracts reinforce our partnership with one of the world’s leading airlines
and strengthen our strategic and financial position in a volatile market. They
also support efficiency gains through maximum utilization of the aircraft fleet,
combining demand from both ACMI and own scheduled network. One aircraft
commenced operations for Indigo in March, and the rest will follow during the
second half and into early 2026, subject to regulatory approvals.

This leaves Norse with 11 aircraft operating its own scheduled network during
the summer ahead, whereas the longer-term fleet in own scheduled network will
comprise six aircraft. We believe this represents a good balance between
securing year-round fixed revenue from ACMI and maximizing the possibilities in
our scheduled network.

Momentum into the upcoming busy summer months is good with bookings to date
confirming the positive trend in load factor and passenger revenues.

We will continue to deliver our affordable, value-for-money product to our
customers worldwide.

---

For further information please see attached first quarter 2025 Report and
Presentation.

Norse Atlantic is pleased to invite to an online presentation today at 09:00 AM
CEST. To join the live presentation, please use the following link:

https://channel.royalcast.com/landingpage/hegnarmedia/20250521_1/

A recording of the presentation will also be accessible on the Investor
Relations page.

For further inquiries, please contact:

Investors: Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com

Media contacts: Bård Nordhagen, CCO, baard.nordhagen@flynorse.com

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to MAR article 17 and the Norwegian Securities Trading Act section 5
-12. This stock exchange announcement was published by Anders Hall Jomaas on the
time and date provided.

Kilde

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Norse Atlantic renews partnership with P&O Cruises

Norse Atlantic Airways is excited to renew partnership with P&O Cruises for the
upcoming winter 2025/2026 season of fly cruises to the Caribbean.

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“We are proud to renew our partnership with P&O Cruises for the winter 2025/2026
fly cruises to the Caribbean. This extended partnership serves as a proof point
to our commitment of honouring P&O Cruises and their cruise guests with a great
comfortable service, contributing to an exceptional cruise experience. We look
forward to welcoming P&O Cruises’ guests throughout the season ahead,” said
Bjorn Tore Larsen, CEO and Founder Norse Atlantic Airways.

Between November '25 and March '26 Norse Atlantic will offer seamless, direct
flights to Barbados and Antigua, taking guests to Arvia or Britannia for 14
-night Caribbean holidays. The dedicated charter flights will operate weekly
from London, Birmingham and Manchester.

P&O Cruises guests flying with Norse Atlantic Airways will have the choice of
two cabin options, Economy and Norse Premium, providing exceptional comfort and
service throughout their journey. A checked in luggage allowance of x1 23kg in
economy and x1 28kg in Norse Premium Class is included as well as 10kg of hand
baggage and a small carry on bag in all cabins. Seat back In-flight
entertainment is available across all cabins with amenity kits in Norse Premium.
Customers will be able to enjoy a complimentary drinks service pre-meal, as well
as with the main meal, and a complimentary bottle of water.

Carnival UK & P&O Cruises president Paul Ludlow said “Norse Atlantic Airways
proved itself as a great addition to our offering, with guests and travel
partners sharing positive feedback about our bespoke in-flight proposition.”

P&O Cruises guests in the Norse Economy cabin will experience spacious seating,
complimentary meals, and a selection of entertainment options, ensuring a
relaxing and enjoyable flight experience. For those seeking an elevated level of
luxury, the Norse Premium cabin provides an industry leading 43" seat pitch and
12" recline, additional amenities including priority boarding, enhanced dining
options, and increased legroom, allowing travelers to arrive at their
destination feeling refreshed and ready to enjoy their cruise.

Media contacts: Bård Nordhagen, CCO, baard.nordhagen@flynorse.com

Norse Atlantic Airways is an airline committed to offering affordable fares on
direct, long-haul flights to popular destinations, along with specialized
charter and ACMI services for tailored travel needs, and extensive cargo
operations. Founded by CEO and major shareholder Bjørn Tore Larsen in March
2021, Norse Atlantic operates a modern fleet of fuel-efficient Boeing 787
Dreamliners, which seat 338 passengers and offer Premium and Economy Class,
serving a network of destinations across North America, Europe, Africa, and
Asia. Passengers can fly with Norse Atlantic to cities like New York, Los
Angeles, Miami, Orlando, Bangkok, Cape Town, Oslo, Athens, London, Berlin, Rome,
and Paris. Norse Atlantic’s charter and ACMI services, as well as its large
cargo capacity, provide partners with flexible, reliable solutions. The
company’s first flight took off from Oslo to New York on June 14, 2022.

Kilde

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Disclosure of shareholding

On 22 May 2025, Songa X AS, Songa Bulk Chartering AS and Songa Capital AS, all ultimately controlled by Arne Blystad, bought 8,400,000 shares in Norse Atlantic ASA (“Norse Atlantic”), increasing the number of shares and votes controlled by Arne Blystad and companies controlled by him to 12,961,330 shares and votes. The consolidated holding of Arne Blystad and companies controlled by him have increased from approximately 3.1% to 8.8% of the shares and votes in Norse Atlantic based on 147,802,416 outstanding shares.

This announcement is made in accordance with Section 4-2 of the Norwegian Securities Trading Act.
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Kilde

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NORSE - Shareholder disclosure notification

Today Scorpio Holding Limited (“SHL”) sold in the market 25,746,238 shares it owned in Norse Atlantic ASA (“Norse”), which constituted its entire shareholding in Norse

SHL, therefore, now owns no shares in Norse
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Kilde

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Norse Atlantic ASA: Resignation of board members

Arendal, Norway, 23 May 2025: Norse Atlantic ASA (“Norse” or the “Company”)
announces that Marianne Økland and Timothy Sanger both have notified the Company
that they resign from their positions as members of the Board of Directors,
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effective today, 23 May 2025. Norse appreciates their contributions and wish
them well in the future.

For further information, please contact: Anders Hall Jomaas, CFO,
anders.jomaas@flynorse.com

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

Kilde

[TekBot]

Norse Atlantic ASA: Notice of annual general meeting

Arendal, 27 May 2025: Norse Atlantic ASA (the “Company”) hereby calls for its
annual general meeting to be held on Wednesday, 18 June 2025 at 09:00 CEST. The
meeting will be held electronically.
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The notice of the general meeting, including the board’s proposed resolutions
and the notice of attendance and the proxy form, is attached to this notice.
Shareholders are encouraged to attend the meeting by casting their votes in
advance or granting a proxy to the chair of the board with voting instructions.

See further details in the attached notice.

The notice of the general meeting with enclosures and all relevant documents for
the annual general meeting will be made available on the Company’s website,
General Meetings – Fly Norse Corporate. The
recommendation of the nomination committee will be announced by a separate stock
exchange announcement.

Contacts:

Investors: CFO, Anders Hall Jomaas, anders.jomaas@flynorse.com

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

Kilde

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Norse Atlantic with Strong Passenger Growth and All-Time-High Load Factor

Arendal, Norway, 4 June 2025 - In May, Norse Atlantic Airways recorded 41%
growth in number of passengers transported and a load factor of 96% across
network and ACMI/charter operations. This is the highest load factor ever
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achieved by the company, representing a 15%-points increase compared to May
2024. The load factor in own scheduled network was 95%, an increase of 16%
-points year-over-year and on par with the previous monthly record.

(Comparable figures for the same month the previous year shown in brackets)

· 96% load factor across network and ACMI/Charter operations (81%)
· 95% load factor in scheduled network (79%)
· 584 flights in scheduled network (513)
· 64 ACMI/charter flights operated (55)
· 182,854 passengers transported (129.722) across network and ACMI/charter
operations, up 41% YoY
· 81% of the flights departed within 15 minutes of their scheduled departure
time (86%)
· On-time performance continued to be negatively impacted by continued Air
Traffic Control (ATC) delays and airport congestions

Bjørn Tore Larsen, CEO, Founder and major shareholder of Norse Atlantic,
comments:

“Norse Atlantic Airways continues to deliver a world-leading load factor and
significant volume growth. We maintain our good momentum into the upcoming busy
summer months, where we will continue to deliver our affordable, value for money
product to our customers worldwide.”

Investor contacts

Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com

This information is subject to disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

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Norse Atlantic ASA: Recommendation of the Nomination Committee for the 2025 annual general meeting

Arendal, 10 June 2025: Reference is made to the stock exchange announcement
published on 27 May 2025 regarding the notice for the annual general meeting of
Norse Atlantic ASA (the “Company”) to be held on 18 June 2025.
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The Company’s nomination committee has submitted its recommendation to the
annual general meeting. The recommendation includes proposals for the election
of board members and nomination committee members, as well as proposals
concerning remuneration to the members of the board, the audit committee, and
the nomination committee.

The nomination committee’s recommendation is enclosed hereto and will be made
available on the Company’s website, https://corporate.flynorse.com/en
-gb/investor-relations/.

Contacts:

Investors: CFO, Anders Hall Jomaas, anders.jomaas@flynorse.com

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

Kilde

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Norse Atlantic entering into USD 20 million bank overdraft facility

Arendal, Norway, 16 June 2025 - Norse Atlantic ASA has entered into a USD 20
million bank overdraft facility with Nordea Bank Abp with maturity date 30[
]April 2026. The facility is guaranteed by B T Larsen & Co Limited, a company
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controlled by Norse Atlantic’s CEO, Founder and largest shareholder Bjørn Tore
Larsen. The guarantee replaces the previously provided USD 6.3 million revolving
credit facility, which remains undrawn.

Investor contacts: Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com

Kilde

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Norse Atlantic ASA: Completion of annual general meeting

Arendal, 18 June 2025: The annual general meeting of Norse Atlantic ASA (the
“Company”) was held today at 09:00 CEST. The minutes from the meeting and
appendices are attached to this notice and will be made available on the
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Company’s website, https://corporate.flynorse.com/en-gb/investor
-relations/general-meetings/.

All items on the agenda were approved by the general meeting.

Contacts:

Investors: CFO, Anders Hall Jomaas, anders.jomaas@flynorse.com

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

Kilde

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Norse Atlantic with All-Time-High Load Factor of 99%

Arendal, Norway, 3 July 2025 - In June, Norse Atlantic Airways recorded a load
factor of 99% across network and ACMI/charter operations. This is the highest
load factor ever achieved by the company, 3%-points higher than the previous May
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2025 record and 14%-points higher than June 2024. The load factor in own
scheduled network was also 99%, 3%-points up from May 2025 and up 14%-points
year-on-year.

(Comparable figures for the same month the previous year shown in brackets)

· 99% load factor across network and ACMI/Charter operations (85%)
· 99% load factor in scheduled network (85%)
· 589 flights in scheduled network (620)
· 59 ACMI/charter flights operated (0)
· 214,419 passengers transported (178,042) across network and ACMI/charter
operations, up 20% YoY and the highest level ever
· 70% of the flights departed within 15 minutes of their scheduled departure
time (80%)
· On-time performance negatively impacted by continued Air Traffic Control
(ATC) delays and airport congestions

Bjørn Tore Larsen, CEO, Founder and major shareholder of Norse Atlantic,
comments:

“Norse Atlantic Airways continues to deliver a world-leading load factor and
significant passenger growth. We maintain our good momentum into the busy summer
months, where we will continue to deliver our affordable, value for money
product to our customers worldwide.”

Investor contacts

Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com

This information is subject to disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

[TekBot]

Norse Atlantic appoints Kristin Berthelsen to Deputy CEO

Arendal, Norway, 30 July 2025 - Norse Atlantic ASA announces the appointment of
Kristin Berthelsen as Deputy Chief Executive Officer, effective immediately. Ms.
Berthelsen has been a member of Norse Atlantic’s senior management since 2021
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and comes from the position of Chief of Staff and Culture Officer.

She has played a key role in establishing the company’s organization and
advancing the company’s unique culture. Her leadership has contributed to Norse
Atlantic’s recognition as an innovative long-haul airline with modern aircraft
offering affordable fares.

“Kristin has been integral to Norse Atlantic’s operational progress during our
start-up and initial growth phase. Her leadership and strategic insights,
combined with a deep commitment to our people and values, have shaped who we are
today. I am pleased to welcome her as our new Deputy CEO,” says Bjørn Tore
Larsen, the CEO and founder of Norse Atlantic.

In her new capacity, Ms. Berthelsen will continue to work closely with the CEO
and the leadership team to further refine the company’s strategy, strengthen the
organization and drive sustainable growth in the global long-haul market.

“It is a privilege to continue the Norse Atlantic’s journey in this new role. I
look forward to working with our dedicated team to deliver great experiences for
our passengers and long-term value for our stakeholders,” says Berthelsen.

Investor contact: Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com

Media contact: media@flynorse.com (press@norse.com)

About Norse Atlantic Airways

Norse Atlantic is an airline that offers affordable fares on long-haul flights.
The company was founded by CEO and major shareholder Bjørn Tore Larsen in
January 2021. Norse has a fleet of 12 modern, fuel-efficient and more
environmentally friendly Boeing 787 Dreamliners that serve destinations
including New York, Los Angeles, Miami, Orlando, Bangkok, Cape Town, Oslo,
Stockholm, Athens, London, Berlin, Rome and Paris. The company’s first flight
took off from Oslo to New York on June 14, 2022.

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

Kilde

[TekBot]

Norse Atlantic delivers strong growth with 94% load factor

Arendal, Norway, 7 August 2025 - In July, Norse Atlantic Airways recorded a load
factor of 94% across own scheduled network and ACMI/charter operations, an
increase of 11%-points compared to July 2024. The load factor in own network was
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also 94%, up 12%-points vs. July 2024.

(Comparable figures for the same month the previous year shown in brackets)

· 94% load factor across network and ACMI/Charter operations (83%)
· 94% load factor in scheduled network (82%)
· 604 flights in scheduled network (630)
· 54 ACMI/charter flights operated (9)
· 203,712 passengers transported (176,934) across network and ACMI/charter
operations, up 15% YoY
· 70% of the flights departed within 15 minutes of their scheduled departure
time (69%)
· On-time performance continues to be impacted by Air Traffic Control (ATC)
delays and airport congestions

Bjørn Tore Larsen, CEO, Founder and major shareholder of Norse Atlantic,
comments:

“Norse Atlantic Airways continues to deliver strong passenger growth and world
-leading load factor. July was the ninth consecutive month above 90%, reflecting
the successful introduction of our data driven market strategy late last year.
This provides good momentum into the third quarter as we deliver our affordable,
value for money product to customers worldwide.”

Investor contacts

Anders Hall Jomaas, CFO, anders.jomaas@flynorse.com

This information is subject to disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

[TekBot]

Financial calendar

Financial calendar for Norse Atlantic ASA

FINANCIAL YEAR 2025
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19.08.2025 - Half-yearly Report

26.11.2025 - Quarterly Report - Q3

This information is published pursuant to the requirements set out in the Continuing obligations.

Kilde