NORWEGIAN AIR SHUTTLE ASA Norwegian continues to selectively add to its growing aircraft fleet through signed LOIs, subject to approvals and documentation, for the lease of up to thirteenBoeing 737-800 NG aircraft at favorable terms. The lessors are experienced and have prior relationships with Norwegian. The aircraft are scheduled to begin delivery in Q4 2021 through Q1 2022 to deliver Norwegian's announced Summer 2022 flying program with flights to over 250 destinations. The lease terms are between five to eight years, depending on aircraft age. They include 'power-by-the-hour' (PBH) arrangements for both the IATA Winter Seasons 2021/22 and 2022/23, giving Norwegian necessary flexibility to manage capacity through the low season as the world emerges from the Covid pandemic. Finally Norwegian has the right, under some of the leases, to substitute the subject 737-800 NG aircraft for new technology narrow-body aircraft from eitherBoeing or Airbus. This will enable Norwegian to continue its focus on offering the most environmentally friendly travel options for our customers.27 October 2021 Norwegian Air Shuttle ASA This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 17 no. 1 and section 5-12 of theNorwegian Securities Trading Act, and was prepared by Tore Østby, Investor Relations atNorwegian Air Shuttle ASA , tel. +47 995 46 400.
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