Norwegian Air Shuttle : NAS - DISCLOSURE OF LARGE SHAREHOLDING

Sundt AS has on 25 May 2021 been allocated 123,003,198 shares in the Private
Placement of new shares in Norwegian Air Shuttle ASA ("NAS"). The shares in the
Private Placement are applied for and have been allocated at a price of NOK 6.26
per share.

Following the allocation of the new shares in the Private Placement, Sundt AS
owns 123,003,198 shares, representing 17.55% of the outstanding share capital
and voting rights in NAS, and has thereby triggered the 15% threshold. The
foregoing calculations are based on 700,998,158 outstanding shares in NAS after
the issuance of the new shares in the Private Placement and the Rights Issue.

This information is subject to the disclosure requirements set out in section
4-2 of the Norwegian Securities Trading Act.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange