Norwegian Air Shuttle ASA (NAS) – Mandatory notification of trade

19 Jun 2026 17:00 CEST

Reference is made to the stock exchange announcement dated 21 June 2021 and
subsequent executive remuneration reports regarding grant of share options to
CEO Geir Karlsen upon his appointment as CEO. The Board of Directors have
decided that 250,000 share options with expiry date 21 June 2026 are to be
extended until 31 May 2027. The associated strike price is NOK 8.40 per share
following adjustment for dividend distributions in August 2025 and May 2026.

Mr. Karlsen holds 651,478 shares and 3,801,207 share options in Norwegian.

Please see attached notifications for persons discharging managerial
responsibilities in accordance with Regulation EU 596/2014 (MAR) article 19 and
section 5-12 of the Norwegian Securities Trading Act.


Fornebu, 19 June 2026
Norwegian Air Shuttle ASA


This release is an announcement issued pursuant to legal information obligations
and is subject of the disclosure requirements pursuant to the Market Abuse
Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities
Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at
Norwegian Air Shuttle ASA, tel. +47 906 64 401.

More information:
Access the news on Oslo Bors NewsWeb site

676665_Notification_GK_20260619.pdf