2.5 million passengers traveled with SAS during July

2.5 million passengers traveled with SAS in July, a 5 percent increase compared
with the same month last year. SAS' capacity increased by 4 percent and RPK
increased by 6 percent, compared with July 2023. The flown load factor for July
was 87 percent.

"We are pleased to see a continued increase in passenger volumes and a
regularity rate of 99.3 percent in July. The load factor exceeded 87 percent,
which marks one of SAS' best months historically in terms of load factor. This
month, we also announced broad partnership agreements with our future SkyTeam
partner, Air France-KLM. This partnership will improve our connectivity and
offer additional benefits to our loyal customers from September 1," says Anko
van der Werff, President & CEO of SAS.


[][]
SAS total traffic  Jul24  Change[1]  Nov23- Jul24  Change [1]
(scheduled and
charter)
ASK (Mill.)        5,066    4.0%        32,874        9.0%
RPK (Mill.)        4,429    6.0%        25,588       11.8%
Load factor        87.4%   1.7 pp       77.8%        1.9 pp
No. of passengers  2,535    5.0%        17,989        6.5%
(000)

[1] Change compared to same period last year, pp = percentage points

Geographical      Jul24            Nov23
development,       vs.             -Jul24
schedule               Jul23         vs.
                                   Nov22
                                   -Jul23
                   RPK     ASK      RPK    ASK
Intercontinental  6.8%     5.0%    13.2%  9.7%
Europe/Intra      13.3%    9.9%    17.9%  14.8%
-Scandinavia
Domestic          -8.6%   -11.1%   -3.9%  -6.6%
[]
Preliminary yield and PASK  Jul24  Nominal change[1]  FX adjusted change
Yield, SEK                   1.00              -3.3%               -1.3%
PASK, SEK                    0.87              -0.7%                1.3%

                                                                   Jul24
Punctuality (departure 15                                          75.4%
min)
Regularity                                                         99.3%
Change in total CO2                                                9.7%
emissions
Change in CO2 emissions                                          -2.2%
per available seat
kilometer

Definitions:
RPK - Revenue passenger kilometers
ASK - Available seat kilometers
Load factor - RPK/ASK
Yield - Passenger revenues/RPK (scheduled)
PASK - Passenger revenues/ASK (scheduled)
Change in CO2 emissions per available seat kilometers - SAS passenger related
carbon emissions divided with total available seat kilometers (incl non-revenue
and EuroBonus tickets), rolling 12 months vs rolling 12 months previous year

From fiscal year 2020 we report change in CO2 emissions in total and per
Available Seat Kilometers (ASK) to align with our overall goal to reduce our
total CO2 emissions by 25% by 2025, compared to 2005.

For further information, please contact:
SAS press office, +46 8 797 29 44

SAS, Scandinavia's leading airline since 1946, operates from its principal hub
at Copenhagen Airport (CPH), complemented by hubs in Oslo (OSL) and Stockholm
(ARN). Our mission is to connect Scandinavia with the world and the world with
Scandinavia. Each year, SAS serves more than 25 million passengers and
transports 55 tons of cargo to 135 destinations across Europe, the USA, and
Asia. With a passionate workforce of over 10,000 colleagues, we collaborate with
partners and customers to drive transformative changes in aviation. We are
committed to achieving net-zero emissions by 2050, embodying the visionary
spirit of our founders: "To move from the old to what is about to come, is the
only tradition worth keeping". Innovation and societal progress are at the heart
of everything we do. For more information, visit our website at www.flysas.com
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