16 November 2021

Norse Atlantic ASA (the "Company") refers to the attached notification form
regarding public disclosure of a transaction in the Company's shares by a close
associate of a primary insider. B T Larsen & Co Ltd, a company controlled by
Bjørn Tore Larsen, CEO of the Company, has today purchased 16,062 shares in the
Company at an average price of NOK 14.74 per share. Following the transaction, B
T Larsen & Co Ltd owns a total of 9,606,841 shares in the Company.

This information is subject to the disclosure requirements in Regulation EU
596/2014 article 19 number 3 and the Norwegian Securities Trading Act § 5-12.
This stock exchange release was published by Ben Boiling, VP Finance, Norse
Atlantic ASA, on 16 November 2021 at 18:00 CET.

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