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Regulatory press release

Norwegian Air Shuttle ASA (NAS) - Status on share buy-back

Norwegian Air Shuttle
Reference is made to the stock exchange announcement published by Norwegian Air
Shuttle ASA on 17 November 2025 where it was announced that Norwegian had
engaged DNB Carnegie, a part of DNB Bank ASA, to conduct buy-back of up to
3,000,000 own shares in conjunction with the company's share savings plan and
the long-term incentive programme (LTI) option plan for executive management.

Aggregated overview of transactions:

Date / Aggregated daily volume / VWAP (NOK) / Transaction value (NOK)

17/11/2025 / 300,000 / 15.3581 / 4,607,430
18/11/2025 / 300,000 / 15.0522 / 4,515,660
19/11/2025 / 300,000 / 15.2034 / 4,561,020
20/11/2025 / 300,000 / 15.4760 / 4,642,800
21/11/2025 / 300,000 / 15.5598 / 4,667,940

Total / 1,500,000 / 15.3299 / 22,994,850


The buy-back programme will conclude on the 28 November 2025. For further
information regarding the programme, please refer to the stock exchange
announcement on 17 November 2025.


For further information, please contact, Jesper M. Hatletveit, Investor
Relations:
Tel: +47 906 64 401
Email: jesper.hatletveit@norwegian.com


Fornebu, 21 November 2025
Norwegian Air Shuttle ASA
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