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Regulatory press release

1.8 million flew with SAS during January

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Compared to January 2018, capacity was unchanged while the number of passengers increased, leading to a 0.9 percentage point increase in the load factor to 64.9%. Currency adjusted unit revenue (PASK) increased with 3.6%. During the month, European/Intrascandinavian traffic fell slightly while Domestic and Intercontinental increased.

"Thanks to continued seasonal adjustments, both unit revenue as well as the cabin factor increased in January. Our most loyal customers and frequent flyers share our wish for more sustainable travel and we want them to know that SAS strives to reduce our carbon footprint on a daily basis. As part of that work, from February 1 and onwards, we are offsetting the carbon footprint on all tickets booked using a EuroBonus number. This is one of several environment and sustainability initiatives we are pursuing and means that approximately 40 percent of SAS's passenger-related carbon dioxide emissions will be offset going forward," says Rickard Gustafson, President and CEO, SAS.

For further information, please contact:

SAS pressoffice, +46 8 797 2944

Michel Fischier, VP Investor Relations, +46 70 997 0673

SAS carries more than 30 million passengers annually and is Scandinavia's leading airline with more than 800 daily flights on 272 routes to 123 destinations in Scandinavia, Europe, USA and Asia. SAS is a member of Star Alliance™ and can together with our partner airlines offer more than 18,800 daily flights to over 1,300 destinations in 193 countries. For more information, visit www.flysas.com.

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 the contact person set out above, at 11:00 CET on 7 February 2019.

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