STRONG EARNINGS IN PEAK SEASON

MAY 2018 – JULY 2018 · Revenue: MSEK 13,146 (12,210) · Earnings before tax and nonrecurring items: MSEK 1,978 (1,863) · EBT: MSEK 2,004 (1,973) · Net income for the period: MSEK 1,546 (1,535) · Return on invested capital (ROIC), LTM: 13% (13%) · Earnings per common share SEK 3.97 (4.39) · Outlook for 2017/2018 is upgraded to around SEK 2 billion (page 10) COMMENTS BY THE PRESIDENT AND CEO OF SAS:This is one of the strongest results in SAS’ history, despite increasing jet fuel costs and operational challenges. I apologize to affected passengers for any