2.4 million passengers traveled with SAS during June

2.4 million passengers traveled with SAS in June, an increase by 23 percent
compared to the same period last year. This is the highest monthly passenger
figure since before the pandemic. SAS' capacity increased by 17 percent and its
RPK by 17 percent, compared to the same period last year. The flown load factor
was 81 percent during the month.

"We are pleased to see a continued positive trend for passenger demand. 2.4
million passengers traveled with SAS in June, up 23 percent compared to the same
month last year, and the highest passenger figure since before the pandemic. Air
Traffic Control capacity issues in Copenhagen continued in June, with heavy
impact on SAS as Copenhagen Airport is our main hub. For SAS, one out of four
flights that experienced operational disruptions in June was due to these
issues. We look forward to welcoming our passengers on board our aircraft as we
enter July, the busiest month of the year", says Anko van der Werff, President &
CEO of SAS

[][]
SAS total traffic    Jun23  Change[1]  Nov22- Jun23  Change[1]
(scheduled and
charter)
ASK (Mill.)          4,003    16.7%       25,276       20.1%
RPK (Mill.)          3,221    16.9%       18,716       34.6%
Load factor          80.5%   0.1 pp       74.0%       8.0 pp
No. of passengers    2,386    22.6%       14,479       34.3%
(000)

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

Geographical        Jun23            Nov22
development,         vs.             -Jun23
schedule                 Jun22         vs.
                                     Nov21
                                     -Jun22
                     RPK     ASK      RPK    ASK
Intercontinental    18.6%   22.3%    58.9%  31.7%
Europe/Intrascandi  19.3%   16.5%    28.3%  17.7%
navia
Domestic            16.7%   17.8%    20.8%  12.0%
[]
Preliminary yield and PASK   Jun23  Nominal change[1]  FX adjusted change
Yield, SEK                    1.21               4.6%                2.4%
PASK, SEK                     0.96               4.5%                2.3%

                                                                    Jun23
Punctuality (arrival 15                                             61.8%
min)
Regularity                                                          97.3%
Change in total CO2                                                29.9%
emissions
Change in CO2 emissions                                            2.6%
per available seat
kilometer,
Carbon offsetting of                                                38.1%
passenger related emissions

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
Carbon offsetting of passenger related emissions - Share of SAS passenger
related carbon emissions compensated by SAS (EuroBonus members, youth tickets
and SAS' staff travel) during the month

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, with main hubs in Copenhagen, Oslo and
Stockholm, is flying to destinations in Europe, USA and Asia. Spurred by a
Scandinavian heritage and sustainable values, SAS aims to be the global leader
in sustainable aviation. We will reduce total carbon emissions by 25 percent by
2025, by using more sustainable aviation fuel and our modern fleet with fuel
-efficient aircraft. In addition to flight operations, SAS offers ground
handling services, technical maintenance and air cargo services. SAS is a
founder member of the Star AllianceT, and together with its partner airlines
offers a wide network worldwide. Learn more at https://www.sasgroup.net

This is information that SAS AB is obliged to make public pursuant to the EU
Market Abuse Regulation. The information was submitted for publication, through
the agency of Erno Hildén, at 11:00 a.m. CEST on July 7, 2023.