Major Shareholding Disclosure

03 Nov 2025 15:06 CET

JPMorgan Asset Management Holdings Inc.("JPMAM") no longer 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 30 October 2025 was 9,939,252 being 4.879% of the issued share
capital and voting rights of the company. The
holding in JPMAM crossed a notification threshold of 5% on 30 October 2025.

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658611_SATS ASA 2025-11-03 Form.pdf