SATS ASA: Mandatory notification of trade

Oslo, 20 December 2024: Loans granted by HFN Group AS in connection with certain share Investment programs in SATS ASA (the "Company") have been repaid by way of delivery of shares in SATS Management Investment AS and shares in the Company as further set out in the attached forms of notification. HFN Group AS and SATS Management Investment AS are closely associated entities of primary insiders in the Company.

This information is subject to the disclosure requirements pursuant to article 19 of the EU Market Abuse Regulation and sections 4-2 and 5-12 of the Norwegian Securities Trading Act.