SATS ASA: Annual Report 2022 and ESEF file

The Board of Directors of SATS ASA (the "Company", OSE ticker "SATS") has today
approved the annual accounts for 2022.

The Annual Report for 2022 and the annual financial statements in the European
Single Electronic Format (ESEF) are attached to this release and available at The Sustainability Report for 2022 is included in the Annual
Report and the Company's account of its human rights due diligence is available
on its website.

The audited 2022 annual accounts are in line with the annual financial
information presented in the fourth quarter report on February 14, 2023.

The Board of Directors has also, today, resolved to propose that the general
meeting grants an authorization to the Board of Directors to increase the share
capital of the Company (i) by up to NOK 9,923,879.625 (approximately 2.3%), in
connection with the Company's current and future share incentive programs