SATS: SATS has decided to temporarily close all clubs

SATS ASA ("the Company") has decided to temporarily close all clubs as a
precautionary measure to contribute to limit the contagion of COVID-19. As a
market leader in the Nordics, it is important for SATS to take an extended
responsibility and contribute to the overall public health, also in a difficult
situation like this. The decision is in line with the Company’s vision of making
people healthier and happier.

The close-down will be effective from today at 12pm CET and will initially last
for 14 days, and all memberships are put on hold. Duing this period, we will
continue our aim to make people healthier and happier by offering all our
members Online Training so everyone can keep their healthy habits. We will
update our members continuously on 

The Company does not have any estimates of the financial effects as per now, but
will come back to the market with more details as soon as the operational
situation is taken care of.

Investor Relations:
Cecilie Elde, Chief Financial Officer, phone: +47 924 14 195
Stine Klund, Finance and Investor Relations Manager, phone: +47 986 99 259

Malin Selander, Head of Communication & PR, phone: +46 70 426 40 06