Major Shareholding Disclosure

16 Jul 2025 12:51 CEST

JPMorgan Asset Management Holdings Inc.("JPMAM") has a notifiable interest in
the share capital of SATS ASA as a result of trades by its subsidiary JPMorgan
Asset Management (UK) Limited. The total number of shares held by JPMAM on 14
July 2025 was 10,414,349 being 5.088% of the issued share capital and voting
rights of the company.

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651363_SATS ASA 2025-07-16 Form.pdf