NORSE ATLANTIC ASA: Notice of extraordinary general meeting in connection with Rights Issue

12 May 2026 15:24 CEST

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, THE UNITED KINGDOM, CANADA, AUSTRALIA,
HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR
DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER
OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Arendal, 12 May 2026: Reference is made to the stock exchange announcement made
by Norse Atlantic ASA (the "Company") on 14 April 2026 at 21:03 CEST regarding
its fully underwritten USD 110 million rights issue (the "Rights Issue").

The Company's board of directors (the "Board") hereby convenes an extraordinary
general meeting to be held on Tuesday 2 June 2026 at 17:00 CEST (the "EGM") to
resolve on the following matters:

(i) the share capital increase in connection with Rights Issue;

(ii) to grant an authorisation to the Board to increase the share capital in
connection with the settlement of fees to the underwriters of the Rights Issue);

(iii) to grant an authorisation to the Board to increase the share capital by
conversion of bonds; and

(iv) to grant an authorisation to the Board to increase the share capital by
private placement towards the Company's CEO.

The EGM will be held as a digital meeting only through the general meeting
portal administered by Euronext Securities Oslo (the ESO Portal).

The EGM notice, including the Board's proposed resolutions, the notice of
attendance and proxy forms, are attached to this notice and will be made
available on the Company's website https://corporate.flynorse.com/en-gb/investor
-relations/general-meetings/. The appendices to the notice and other documents
relevant for the matters on the agenda for the general meeting, as well as the
Company's articles of association, are made available on the Company's website.

Shareholders are encouraged to attend the EGM by casting their votes in advance
or granting a proxy to the chair of the Board within 29 May 2026 at 23:59
(CEST).

Further details are found in the attached notice.

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

Contacts:

Investors: CFO, Anders Hall Jomaas, anders.jomaas@flynorse.com

More information:
Access the news on Oslo Bors NewsWeb site

673218_Norse_Atlantic_ASA_Notice_of_extraordinary_general_meeting_2_June_2026_24980717_1_.pdf