SATS ASA Capital Markets Day: Well positioned for further growth and value creation

07 May 2025 07:00 CEST

SATS ASA ("the Company") will host a Capital Markets Day ("CMD") today May 7,
2025, in Oslo, Norway. The presentation, starting at 10:30 CEST, will be held
at Hotel Continental, but will also be available as a live webcast.

Key highlights to be presented at the CMD:
· SATS has delivered on all key actions outlined at the 2022 CMD - and the
outlook for continued growth remains strong
· Clear market leader in a growing market, supported by a powerful health and
wellness megatrend
· Superior product offering driven by extensive clusters, prime locations,
market-leading group training, high-quality fitness floor and competent
employees
· Modern technology and data platform enabling engaging digital member
products, operational excellence and strong data-driven decision-making
· New mid-term ambition of NOK 1.1 billion powered by continuous optimization
of the existing club portfolio
· High cash conversion of 55%
· Maintenance capex at ~5% of revenues
· New club openings of ~8-12 per year
· Continued solid balance sheet with leverage in the lower end of 1.5-2.0 net
debt/EBITDA
· Significant shareholder distributions of at least 50% of net profit through
dividends and share buybacks

The webcast will be available at
https://satsgroup.com/reports-presentations/capital-markets-days/. Questions
can be asked via the webcast interface.

Please find enclosed the CMD presentation.

Investor Relations Contacts:
Cecilie Elde, Chief Financial Officer, phone: +47 924 14 195
Stine Klund, Investor Relations, phone: +47 986 99 259

Press Contact:
Tina Brodal, Press Contact, phone: +47 938 44 171

This announcement is for information purposes only and is not to be relied
upon in substitution for the exercise of independent judgment. It is not
intended as investment advice and under no circumstances is it to be used or
considered as an offer to sell, or a solicitation of an offer to buy any
securities or a recommendation to buy or sell any securities in the Company.
The price and value of securities and any income from them can go down as well
as up and you could lose your entire investment. Past performance is not a
guide to future performance. Information in this announcement cannot be relied
upon as a guide to future performance. The Managers, nor any of their
respective affiliates, accept any liability arising from the use of this
announcement.

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 of the Norwegian Securities Trading Act. The stock
exchange announcement was published by Stine Klund, Finance and Investor
Relations Manager, SATS ASA.

More information:
Access the news on Oslo Bors NewsWeb site

645479_SATS ASA CMD 2025.pdf