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Regulatory press release

Norwegian Air Shuttle ASA (NAS) - Mandatory notification of trade, Employee Share Savings Plan

Norwegian Air Shuttle
On yesterday, 23 July 2025, a total of 602,107 shares were purchased on behalf
of employees in Norwegian Air Shuttle participating in the company's Employee
Share Savings Plan. The average purchase price was NOK 15.562 per share. The
following shares were purchased on behalf primary insiders in the company.

For Knut Olav Irgens Høeg, Chief IT & Business Services Officer, the company has
purchased 577 shares. Following this, Høeg holds 479,570 share options and
189,831 shares in NAS.

For Magnus Thome Maursund, Chief Commercial Officer, the company has purchased
387 shares. Following this, Thome Maursund holds 551,103 share options and 7,732
shares in NAS.

For Hans-Jørgen Wibstad, Chief Financial Officer, the company has purchased 577
shares. Following this, Wibstad holds 1,116,529 share options and 92,775 shares
in NAS.

For Anne-Sissel Skånvik, Chief Communications and Public Affairs Officer, the
company has purchased 577 shares. Following this, Skånvik holds 207,942 share
options and 52,870 shares in NAS.

For Guro Halvorsen Poulsen, Chief People Officer, the company has purchased 770
shares. Following this, Poulsen holds 330,557 share options and 178,559 shares
in NAS.

For Jeanette Bø-Alnes, Chief Performance Officer, the company has purchased 770
shares. Following this, Bø-Alnes holds 104,892 share options and 25,924 shares
in NAS.

For Torstein Hiorth Soland, Employee Representative Board Member, the company
has purchased 578 shares. Following this, Hiorth Soland holds 742 shares in NAS.


For Katrine Gundersen, Employee Representative Board Member, the company has
purchased 674 shares. Following this, Gundersen holds 2,549 shares in NAS.

For Adin Kavara, Deputy Employee Representative Board Member, the company has
purchased 577 shares. Following this, Kavara holds 3,070 shares in NAS.

For Kari Enger, Deputy Employee Representative Board Member, the company has
purchased 192 shares. Following this, Enger holds 3,121 shares in NAS.

Please see attached notifications for persons discharging managerial
responsibilities in accordance with Regulation EU 596/2014 (MAR) article 19 and
section 5-12 of the Norwegian Securities Trading Act.


Fornebu, 24 October 2025
Norwegian Air Shuttle ASA


This release is an announcement issued pursuant to legal information obligations
and is subject of the disclosure requirements pursuant to the Market Abuse
Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities
Trading Act, and was prepared by Jesper M. Hatletveit, VP Investor Relations at
Norwegian Air Shuttle ASA, tel. +47 9066 4401.
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