Arendal, 18 March 2022: 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 purchased
185,000 shares in the Company at an average price of NOK 12.33 per share.
Following the transaction, B T Larsen & Co Ltd owns a total of 9,837,311 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, CFO, Norse Atlantic
ASA, on 18 March 2022 at 07:00 CET.

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