SATS ASA: Minutes from Extraordinary General Meeting

03 Mar 2026 09:48 CET

Today, on March 3, 2026, at 09:00 hours (CET), an extraordinary general
meeting ("EGM") in SATS ASA (the "Company") was held digitally.

In accordance with the board of directors' proposal, the EGM resolved to
approve a dividend distribution of NOK 0.67 per share, based on the Company's
approved annual accounts for the financial year 2024. The total dividend
amount payable was excluded from the resolution, as it will depend on the
number of shares entitled to dividend as of the last day including the right
today, on 3 March 2026, because dividend will not be paid on shares held in
treasury by the Company. Reference is made to the Company's share buyback
program, as announced on 18 February 2026.

In accordance with the board of directors' proposal, the EGM further resolved
to reduce the share capital by NOK 8,500,000 by redemption of 4,000,000 shares
held in treasury by the Company. Following registration of the share capital
reduction with the Norwegian Register of Business Enterprises (Nw.
Foretaksregisteret), the new share capital will be NOK 424.350.999,50, divided
into 199,694,588 shares, each with a nominal value of NOK 2.125.

The minutes of the EGM are attached to this announcement and will be made
available on the Company's website www.satsgroup.com
(http://www.satsgroup.com/) under "General Meetings".

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 information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

667344_SATS ASA Minutes Of The Extraordinary Meeting.pdf