SATS ASA: Annual Report 2025

27 Mar 2026 19:12 CET

The Board of Directors of SATS ASA (the "Company") has today approved the
annual accounts for 2025.

The Annual Report for 2026, including the Sustainability report, and the
annual financial statements in the European Single Electronic Format (ESEF)
are attached to this release and available at satsgroup.com.

The audited 2025 annual accounts are in line with the annual financial
information presented in the fourth quarter report on February 10, 2026.

The Board of Directors has also, today, resolved to propose that the general
meeting grants an authorization to the Board of Directors to increase the
share capital of the Company (i) by up to NOK 8,657,020 (2%), in connection
with the Company's future share incentive programs; and (ii) by up to NOK
43,285,100 (10%), in order to finance further growth. The authorizations are
proposed valid until the earlier of the 2027 Annual General Meeting and June
30, 2027. Additionally, the Board of Directors has resolved to propose that
the general meeting resolves to reduce the share capital by NOK 5,312,500 by
the redemption of 2,500,000 treasury shares. The proposed authorizations and
share capital reduction will be on the agenda for the Company's annual general
meeting, to be held on May 5, 2025. More information will be provided in the
notice for the Annual General Meeting.

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

Press:
Kristin Fjeld, Press Contact, phone: +47 411 92 008

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

669704_satsasa-2025-12-31-1-en.zip
669704_SATS ASA Annual Report 2025.pdf