SATS ASA: Registered share capital increase

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SATS ASA: Registered share capital increase Oslo, 26 February 2022: Reference is made to the stock exchange announcement by SATS ASA (“SATS” or the “Company”) published on 16 February 2022 regarding the successful completion of a private placement of new shares (the “Private Placement”).

The Private Placement is divided into two tranches. The first tranche consists of 17,176,338 new shares (“Tranche 1”), and the second tranche consists of 13,623,662 new shares (“Tranche 2”).

The share capital increase pertaining to Tranche 1 has now been registered with the Norwegian Register of Business Enterprises, and the new share capital of the Company is NOK 402,522,770 divided into 189,422,480 shares, each with a nominal value of NOK 2.125.