Norse Atlantic ASA: New share capital registered

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Arendal, 9 April 2021: Norse Atlantic ASA (the “Company”) refers to the announcement from the Company on 8 April 2021 regarding the resolution by the extraordinary general meeting to issue 63,750,000 new shares in the private placement (the "Private Placement").

The share capital increase pertaining to the issuance of the 63,750,000 new shares in the Private Placement has been registered with the Norwegian Register of Business Enterprises today. Following this, the share capital of Norse Atlantic ASA is NOK 221 250 000, comprising of NOK 73,750,000 shares, each with a nominal value of NOK 3.

For further information, please contact:

James Lightbourn, CFO
james.lightbourn@flynorse.com
+1 (804) 313 0375

Ben Boiling, VP Finance
ben.boiling@flynorse.com
+47 912 40 945

About Norse Atlantic ASA:

Norse Atlantic Airways is a new innovative airline serving the low-cost, intercontinental market between popular European and US destinations with a fleet of modern, fuel-efficient and more environmentally friendly Boeing 787 Dreamliners. Established in February 2021 and with its shares expected to be admitted to trading on Euronext Growth Oslo in April 2021, Norse Atlantic expects to be taking-off with its first flight in December 2021. For more information, visit www.flynorse.com.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation, and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange release was published by Ben Boiling, VP Finance, Norse Atlantic ASA, on 9 April 2021 at 09:45 CET.