SATS: Subscriptions by primary insiders and close associates

Oslo, 16 February 2022: 
Reference is made to the stock exchange announcement by SATS ASA (the "Company")
published on 16 February 2022, regarding the successful private placement of new
shares in the Company (the "Private Placement"). Certain of the Company's
primary insiders and their close associates have subscribed and been allocated
new shares in the Private Placement as further described in the attached forms.

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

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act