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Regulatoriskt pressmeddelande

SAS Traffic figures - October 2023

SAS
2.2 million passengers traveled with SAS during October

2.2 million passengers traveled with SAS in October, a 14 percent increase
compared with the same month last year. SAS' capacity increased 15 percent and
RPK increased 17 percent, compared with the same month last year. The flown load
factor for October was 76 percent.

"Healthy demand for travel continued in October, with 2.2 million passengers
traveling with SAS. But the even bigger and more important news is that we have
reached a key milestone in our SAS FORWARD plan by entering into an investment
agreement with the winning bidder consortium of SAS' exit financing solicitation
process. The investment shows that our new investors believe in SAS and our
potential to remain at the forefront of the airline industry for years to come,"
says Anko van der Werff, President & CEO of SAS

[][]
SAS total traffic Oct23 Change[1] Nov22- Oct23 Change [1]
(scheduled and
charter)
ASK (Mill.) 4,047 14.6% 42,566 23.8%
RPK (Mill.) 3,087 17.1% 32,553 33.9%
Load factor 76.3% 1.6 pp 76.5% 5.7 pp
No. of passengers 2,205 14.3% 23,681 32.5%
(000)

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

Geographical Oct23           Nov22
development, vs.          -Oct23
schedule Oct22   vs.
Nov21
-Oct22
RPK ASK RPK ASK
Intercontinental 27.2% 16.2% 48.1% 33.6%
Europe/Intra 20.1% 23.3% 32.6% 24.9%
-Scandinavia
Domestic 11.1% 5.1% 22.9% 13.0%
[]
Preliminary yield and PASK Oct23 Nominal change[1] FX adjusted change
Yield, SEK 1.07 -1.5% -2.8%
PASK, SEK 0.81 1.6% 0.2%

Oct23
Punctuality (arrival 15 78.4%
min)
Regularity 98.5%
Change in total CO2 24.0%
emissions
Change in CO2 emissions 1.7%
per available seat
kilometer
Carbon offsetting of 39.0%
passenger related emissions

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
Carbon offsetting of passenger related emissions - Share of SAS passenger
related carbon emissions compensated by SAS (EuroBonus members, youth tickets
and SAS' staff travel) during the month

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.
SAS is a founding member of the Star AllianceT, and together with its partner
airlines offers a wide network worldwide. 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 November 7, 2023.
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