SATS ASA: Status on share buyback

Reference is made to the stock exchange announcement made by SATS ASA ("SATS" or the "Company") on 8 May 2025 of the launch of SATS’ program to repurchase up to 2 500 000 of the Company’s shares in open market transactions for a total amount of up to NOK 100 million during the period from 9 May 2025, until no later than the Company's Annual General Meeting of 2026, pursuant to an agreement with DNB Markets. For the period from and including 9 May 2025, through 16 May 2025, the Company purchased a total of 1 058 811 shares at an average price of NOK 34.7305 per share, all purchased as ordinary market purchases on Euronext Oslo Børs.

Overview of transactions:

DateAggregate daily volume (# of shares)Weighted average price (NOK)Total transactions value
09.05.2025217 36634.83897 572 792.34
12.05.2025141 31734.11864 821 538.20
13.05.2025141 31734.52974 879 633.61
14.05.2025200 00034.54846 909 680.00
15.05.2025200 00034.89316 978 620.00
16.05.2025158 81135.33015 610 808.51
Previously disclosed buybacks under the program0

Accumulated under the buyback program1 058 81134.730536 773 073


The issuer’s holding of own shares:
Following the completion of the above transactions, SATS owns a total of
2 435 296 of own shares (including 1 376 485 shares owned prior to the launch of the buyback program), corresponding to 1.19% of SATS’ share capital.

Appendix:
An overview of all transactions made under the buyback program that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.

For further information, please contact:
Cecilie Elde, Chief Financial Officer, phone: +47 924 14 195
Stine Klund, Investor Relations, phone: +47 986 99 259

This is information that SATS is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Attachments
Trade File SATS ASA Buybacks 19 05 2025