Norse Atlantic ASA: Registration of reverse share split

26 Apr 2023 15:27 CEST

Arendal, 26 April 2023: Reference is made to the stock exchange notices by Norse
Atlantic ASA (the "Company") on 21 April 2023 with key information relating to
the reverse share split in the ratio of 1:4 as resolved by the Company's
extraordinary general meeting on 24 March 2023, and earlier today regarding
additional information relating to inter alia the reverse share split and change
of ISIN.

The reverse share split has now been registered with the Norwegian Register of
Business Enterprises. Following such registration, the share capital of the
Company is NOK 332,605,395, divided into 66 521 079 shares, each with a par
value of NOK 5.

In connection with the reverse share split, all of the Company's outstanding
shares will be transferred to a new ISIN (NO0012885252). The ISIN change is
expected to take place on 27 April 2023.

Please note that the share capital has been corrected from the stock exchange
announcement on 25 April 2023.

For further information, please contact:

Ben Boiling, CFO

Phone: +47 912 40 945

Email: ben.boiling@flynorse.com

About Norse Atlantic ASA:

Norse Atlantic Airways is a new airline that offers affordable fares on long
-haul flights, primarily between Europe and the United States. The company was
founded by CEO and major shareholder Bjørn Tore Larsen in March 2021. Norse has
a fleet of 15 modern, fuel-efficient and more environmentally friendly Boeing
787 Dreamliners that serve destinations including New York, Los Angeles, Fort
Lauderdale, Orlando, Washington DC, San Francisco, Boston, Oslo, London, Berlin,
Rome and Paris. The Company's first flight took off from Oslo to New York on
June 14, 2022.

This information is subject to the disclosure requirements section 5-12 of the
Norwegian Securities Trading Act and the Euronext Growth Rule Book part II.

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