POLITICAL SUPPORT FROM THE GOVERNMENTS OF DENMARK AND SWEDEN FOR A RECAPITALIZATION OF SAS
Today, the Swedish Government has put forward a proposal to the Swedish Parliament to support SAS AB (publ) (“SAS”) with up to SEK 5 billion as part of the company’s necessary Recapitalization Plan due to the negative effects of COVID-19. In addition, the Danish government has today communicated political unity for a recapitalization of SAS. The company estimates that the recapitalization will encompass new funding need of some SEK 12.5 billion and additional measures. The aim of the recapitalization plan is to ensure that SAS is fully funded and that shareholders equity will be at levels