SATS ASA - Mandatory notification of trade

Nordic director of product and retail and primary insider Silje Gerberg Ree has
through her wholly owned company Silje Ree Invest AS acquired 15,000 shares in
SATS ASA at a price of NOK 15.9604. Following this transaction, Ree holds
315,111 shares in SATS ASA.

SATS refers to the attached document for further details of the transaction.

This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation article 19.