November 25, 2024 - Reference is made to the stock exchange release published by
Norwegian Air Shuttle ASA (the "Company") on November 18, 2024, regarding a
contemplated buy-back of the zero-coupon senior unsecured NOK 3,229,575,526 bond
issue maturing 30.09.2026 (Retained Claims Bonds with ISIN NO0010996457).

The "Reverse Dutch Auction" closed at 16:00 CEST, November 22, 2024. The Company
has decided to accept all offers up to and including a price of 92.000% of par
value (the "Buy-Back Price").

The Company hereby confirms to buy back bonds with a total nominal value of NOK
72,656,042 by paying the Buy-Back Price. Cash settlement for the repurchase is
expected to occur on November 28, 2024. Following the buy-back, the Company
holds zero-coupon Retained Claims Bonds (ISIN: NO0010996457) for a total nominal
amount of NOK 73,557,332. The acquired bonds will be cancelled following
settlement.

DNB Markets acted as Manager for the buy-back. 

For further information, please contact: 
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47
906 64 401


Fornebu, 25 November, 2024
Norwegian Air Shuttle ASA


This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
announcement was published by Jesper M. Hatletveit, VP Investor Relations at
Norwegian Air Shuttle ASA, on 25 November 2024 at 08:00 CET. 

Important information: The release is not for publication or distribution, in
whole or in part directly or indirectly, in or into Australia, Canada, Japan or
the United States (including its territories and possessions, any state of the
United States and the District of Columbia) or in any other jurisdiction where
such publication or distribution is unlawful. It is issued for information
purposes only, and does not constitute or form part of any offer or solicitation
to purchase or subscribe for securities, in the United States or in any other
jurisdiction. The securities mentioned herein have not been, and will not be,
registered under the United States Securities Act of 1933, as amended (the "US
Securities Act"). The securities may not be offered or sold in the United States
except pursuant to an exemption from the registration requirements of the US
Securities Act.