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Selskabsmeddelelse

SASNO: SAS defers interest payment on perpetual capital securities as part of the SAS FORWARD plan and the ongoing chapter 11 process

SAS
SAS AB (publ) ("SAS" or the "Company") will defer the interest payments due
October 23 and 26, 2023, respectively, on its perpetual capital securities, as
part of the Company's SAS FORWARD plan and voluntary chapter 11 process in the
U.S. The deferral of interest payment is made in accordance with the terms and
conditions for the respective capital securities.

This means that SAS defers the approximately SEK 68.1 million semi-annual
interest payment due October?23, 2023 on its outstanding SEK 1,615 million
perpetual capital securities with ISIN?SE0014957999, and the approximately
SEK 258.1?million semi-annual interest payment due October?26, 2023 on its in
aggregate outstanding SEK?6,000 million subordinated perpetual capital
securities with ISIN?SE0014958005 and SE0014958013.

For further information, please contact:
SAS press office, +46 8 797 29 44
Investor Relations: +46 70 997 7070

SAS, Scandinavia's leading airline, with main hubs in Copenhagen, Oslo and
Stockholm, flies to destinations in Europe, USA and Asia. Spurred by a
Scandinavian heritage and sustainability values, SAS aims to be the driving
force in sustainable aviation and in the transition toward net zero emissions.
We are continuously reducing our carbon emissions through using more sustainable
aviation fuel, investing in new fuel-efficient aircraft and technology
innovation together with partners - thereby contributing towards the industry
target of net zero CO2 emissions by 2050. In addition to flight operations, SAS
offers ground handling services, technical maintenance and air cargo services.
SAS is a founding member of the Star AllianceT, and together with its partner
airlines offers a wide network worldwide. Learn more at https://www.sasgroup.net
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