Arendal, 02 December 2025 Norse Atlantic ASA's ( the "Company") board of directors has resolved to grant a total of 2,500,000 new share options [under the existing share option program] to its newly appointed Group President and Chief Executive Officer, Eivind Roald , each at a strike price of NOK 6,04. Each share option granted under the program carries the right to acquire one share in the Company.

See the enclosed form for further details about the transaction.

For further information, please contact: CFO, Anders Jomaas, Anders.Jomaas@flynorse.com

This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities Trading Act