SATS ASA: Registration of new share capital

Oslo, Norway, 13 December 2021: Reference is made to previous stock exchange
notices regarding the New Share Investment Program for employees.

Following the deadline for payment of the shares, the number of shares
subscribed and paid for is 482,756. The share capital increase pertaining to the
issuance of these shares has today been registered with the Norwegian Register
of Business Enterprises (Nw. Foretaksregisteret). The Company's new share
capital is NOK 366 023 051,75, comprising in total 172 246 142 shares, each with
a nominal value of NOK 2,125.

The Offer Shares will be listed on the Oslo Stock Exchange from issuance in the
Central Securities Depository (VPS) and will be tradeable on or about 15.12.21.
356 735 of the shares will be subject to a lock-up period of 2 or 3 years.

Investor Relations:
Cecilie Elde, Chief Financial Officer, phone: +47 924 14 195
Martin Stenshall, Acting Finance and Investor Relations Manager, phone: +47 473
38 331