Norse Atlantic Airways presents at SB1 Airline Seminar

Arendal, 1 December 2021: Norse Atlantic Airways’ CEO and founder, Bjørn Tore Larsen, will today present at the SB1 Airline Seminar in Oslo, Norway.

Highlights:

  • Norse is taking a careful and planned approach to start-up based on demand.

  • Launch plan reflects the uncertainties associated with new COVID developments and travel restrictions.

  • Norway AOC on track and expected to be issued by yearend.

  • First flight expected to take off from OSL in spring 2022.

  • Ready to scale up in line with demand.

  • Aircraft delivery according to schedule from December through March.

CEO and founder Bjørn Tore Larsen said:

“Flexibility is key to our business model. Since our launch we have underlined that our entry to the market will be guided by the development of the pandemic, the removal of travel restrictions and the return of demand for transatlantic travel. We are looking forward to welcoming our customers on board our Boeing 787 Dreamliners in spring 2022 and will scale up in line with profitable demand”.

Please find a copy of the presentation attached.

Investor contacts:

James Lightbourn, CFO

james.lightbourn@flynorse.com

Ben Boiling, SVP Finance & Corporate

ben.boiling@flynorse.com

Media contact:

Lasse Sandaker-Nielsen, Chief Communications and Public Affairs Officer

lasse.sandaker-nielsen@flynorse.com.

About Norse Atlantic Airways

Norse Atlantic Airways is a new innovative airline planning to offer affordable flights between popular European and US destinations with a fleet of modern, fuel-efficient and more environmentally friendly Boeing 787 Dreamliners. Norse Atlantic Airways was established in February 2021 with its shares admitted to trading on Euronext Growth Oslo in April 2021. For more information, visit www.flynorse.com.

This stock exchange release was published by Ben Boiling, SVP Finance & Corporate, Norse Atlantic ASA, on 1 December 2021 at 13:00 CET.