SATS ASA: Status on share buyback

15 Sep 2025 17:03 CEST

Reference is made to the stock exchange announcement made by SATS ASA ("SATS"
or the "Company") on 8 May 2025 of the launch of SATS' program to repurchase
up to 2 500 000 of the Company's shares in open market transactions for a
total amount of up to NOK 100 million during the period from 9 May 2025, until
no later than the Company's Annual General Meeting of 2026, pursuant to an
agreement with DNB Carnegie.

For the period from and including 9 May 2025, through 15 September 2025, the
Company purchased a total of 2 103 460 shares at an average price of NOK
36.4969 per share, all purchased as ordinary market purchases on Euronext Oslo
Børs.

Overview of transactions:

+--------------------+-----------------+----------------+--------------------+
| Date | Aggregate daily | Weighted | Total transactions |
| | volume (# of | average price | value |
| | shares) | (NOK) | |
+--------------------+-----------------+----------------+--------------------+
| 09.09.2025 | 61 697 | 38.2243 | 2 358 324.64 |
+--------------------+-----------------+----------------+--------------------+
| 10.09.2025 | 109 780 | 38.9614 | 4 277 182.49 |
+--------------------+-----------------+----------------+--------------------+
| 11.09.2025 | 119 382 | 39.7892 | 4 750 114.27 |
+--------------------+-----------------+----------------+--------------------+
| 12.09.2025 | 116 000 | 40.1060 | 4 652 296.00 |
+--------------------+-----------------+----------------+--------------------+
| 15.09.2025 | 97 500 | 40.6115 | 3 959 621.25 |
+--------------------+-----------------+----------------+--------------------+
| Previously | 1 058 811 | 34.7305 | 36 773 073 |
| disclosed buybacks | | | |
| under the program | | | |
+--------------------+-----------------+----------------+--------------------+
| Accumulated under | 2 103 460 | 36.4969 | 76 769 829 |
| the buyback | | | |
| program | | | |
+--------------------+-----------------+----------------+--------------------+

The issuer's holding of own shares:
Following the completion of the above transactions, SATS owns a total of 2 422
811 of own shares, corresponding to 1.19% of SATS' share capital.

Appendix:
An overview of all transactions made under the buyback program that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no (http://www.newsweb.no/).

For further information, please contact:

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

This is information that SATS is obliged to make public pursuant to the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

655418_Trade File SATS ASA Buybacks 15 09 2025.pdf