SATS ASA: Status on share buyback

26 Feb 2026 19:49 CET

Reference is made to the stock exchange announcement made by SATS ASA ("SATS"
or the "Company") on 18 February 2026 of the launch of SATS' program to
repurchase up to 7,000,000 of the Company's shares in open market transactions
for a total amount of up to NOK 200 million during the period from 18 February
2026, until no later than the Company's Annual General Meeting of 2026,
pursuant to an agreement with DNB Carnegie (the "Buyback Program").

For the period from and including 18 February 2026, through 26 February 2026,
the Company purchased a total of 652.634 shares at an average price of NOK
42.4665 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) | |
+--------------------+-----------------+----------------+--------------------+
| 18.02.2026 (from | 83,567 | 42.1282 | 3,520,527 |
| 14:13) | | | |
+--------------------+-----------------+----------------+--------------------+
| 19.02.2026 | 116,586 | 42.2975 | 4,931,296 |
+--------------------+-----------------+----------------+--------------------+
| 20.02.2026 | 114,554 | 42.3294 | 4,849,002 |
+--------------------+-----------------+----------------+--------------------+
| 23.02.2026 | 113,175 | 42.7786 | 4,841,468 |
+--------------------+-----------------+----------------+--------------------+
| 24.02.2026 | 4,014 | 42.5500 | 170,796 |
+--------------------+-----------------+----------------+--------------------+
| 25.02.2026 | 111,215 | 42.9588 | 4,777,663 |
+--------------------+-----------------+----------------+--------------------+
| 26.02.2026 | 109,523 | 42.2223 | 4,624,313 |
+--------------------+-----------------+----------------+--------------------+
| Previously | 0 | 0 | 0 |
| disclosed buybacks | | | |
| under the program | | | |
+--------------------+-----------------+----------------+--------------------+
| Accumulated under | 652,634 | 42.4665 | 27,715,065 |
| the buyback | | | |
| program | | | |
+--------------------+-----------------+----------------+--------------------+

The issuer's holding of own shares:
Following the completion of the above transactions, SATS owns a total of
5,968,292 of own shares, corresponding to 2.93% 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:
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

667023_Trade File SATS ASA Buybacks 26 02 2026.pdf