Norwegian and the Norwegian Pilot Union reach agreement through mediation

01 Jun 2024 06:16 CEST

After two days of mediation, Norwegian and the Norwegian Pilot Union (NPU) have
reached a positive conclusion with a new collective bargaining agreement. As a
result, the risk of strike action has been removed.

“I am pleased that we have reached an agreement, and that we will avoid strike
action. First and foremost, the news will come as a relief to our customers who
are due to travel with us. All eyes are now on the busy summer season ahead and
we look forward to welcoming our customers on board," said Geir Karlsen, CEO of
Norwegian.

The agreement covers 690 pilots employed in Norway.

Unfortunately, due to the previously announced strike action, it is not possible
to get new crew in place for all of Norwegian’s flight schedule. Hence, some
flights will possibly have to be cancelled this weekend. Passengers whose
flights are cancelled will be notified directly.

“Unfortunately, these cancellations are a possible consequence, but we are doing
everything in our power to get customers on their way as quickly as possible,”
said Geir Karlsen.

Norwegian is now in the summer season and has launched 47 new routes this year.
Capacity has increased by 1.6 million seats from last year. In total, the
company will fly approximately 500 flights daily on 340 routes to over 120
destinations this summer.



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 1 June 2024 at 06:16 CEST.

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