1.7 million passengers traveled with SAS during February

1.7 million passengers traveled with SAS in February, an 8 percent increase
compared with the same month last year. SAS' capacity increased by 17 percent
and RPK increased by 21 percent, compared with February 2023. The flown load
factor for February was 73 percent.

"We continue to see a growing number of passengers choosing to travel with SAS.
In February, 1.7 million passengers traveled with us, up 8 percent from last
year. We are also pleased to see very stable operational performance, especially
for a winter month, with regularity at 99.2 percent. We look forward to continue
strengthening our position in Scandinavia as we approach the summer season,"
says Anko van der Werff, President & CEO of SAS.

[][]
SAS total traffic  Feb24  Change[1]  Nov23- Feb24  Change [1]
(scheduled and
charter)
ASK (Mill.)        3,022    16.9%       12,146       11.1%
RPK (Mill.)        2,216    21.1%       8,769        15.2%
Load factor        73.3%   2.5 pp       72.2%        2.6 pp
No. of passengers  1,676    7.8%        6,530         6.7%
(000)

[1] Change compared to same period last year, pp = percentage points

Geographical      Feb24            Nov23
development,       vs.             -Feb24
schedule               Feb23         vs.
                                   Nov22
                                   -Feb23
                   RPK     ASK      RPK    ASK
Intercontinental  34.6%   23.3%    20.8%  15.8%
Europe/Intra      23.0%   19.8%    18.4%  13.9%
-Scandinavia
Domestic          -1.2%   -0.7%    -0.5%  -4.3%
[]
Preliminary yield and PASK  Feb24  Nominal change[1]  FX adjusted change
Yield, SEK                   1.00              -6.7%               -5.1%
PASK, SEK                    0.73              -3.0%               -1.3%

                                                                   Feb24
Punctuality (departure 15                                          82.0%
min)
Regularity                                                         99.2%
Change in total CO2                                               20.6%
emissions
Change in CO2 emissions                                          -0.4%
per available seat
kilometer



Definitions:
RPK - Revenue passenger kilometers
ASK - Available seat kilometers
Load factor - RPK/ASK
Yield - Passenger revenues/RPK (scheduled)
PASK - Passenger revenues/ASK (scheduled)
Change in CO2 emissions per available seat kilometers - SAS passenger related
carbon emissions divided with total available seat kilometers (incl non-revenue
and EuroBonus tickets), rolling 12 months vs rolling 12 months previous year

From fiscal year 2020 we report change in CO2 emissions in total and per
Available Seat Kilometers (ASK) to align with our overall goal to reduce our
total CO2 emissions by 25% by 2025, compared to 2005.

For further information, please contact:
SAS press office, +46 8 797 29 44

SAS, Scandinavia's leading airline, with main hubs in Copenhagen, Oslo and
Stockholm, flies to destinations in Europe, USA and Asia. Spurred by a
Scandinavian heritage and sustainability values, SAS aims to be the driving
force in sustainable aviation and in the transition toward net zero emissions.
We are continuously reducing our carbon emissions through using more sustainable
aviation fuel, investing in new fuel-efficient aircraft and technology
innovation together with partners - thereby contributing towards the industry
target of net zero CO2 emissions by 2050. In addition to flight operations, SAS
offers ground handling services, technical maintenance and air cargo services.
Learn more at https://www.sasgroup.net

This is information that SAS AB is obliged to make public pursuant to the EU
Market Abuse Regulation. The information was submitted for publication, through
the agency of Erno Hildén, at 11:00 a.m. CET on March 7, 2024.