1.6 million passengers traveled with SAS during December

1.6 million passengers traveled with SAS in December, a 6 percent increase
compared with the same month last year. SAS' capacity increased by almost 12
percent and RPK increased by 14 percent, compared to December 2022. The flown
load factor for December was 73 percent.

"1.6 million passengers traveled with SAS in December, which represents a
passenger volume increase of 6 percent compared to last year. In December,
Skellefteå City Airport became the first individual airport in Sweden to join
SAS's Corporate Sustainability program, and we hope this partnership will
inspire other companies to join and be part of the journey to transform aviation
for generations to come. SAS is also expanding its flight offerings and
increasing capacity in the summer traffic program. This summer, SAS will fly to
over 130 destinations in more than 40 countries, with added frequencies to
popular destinations in Europe, North America and Asia and nine new destinations
in Europe," says Anko van der Werff, President & CEO of SAS

[][]
SAS total traffic  Dec23  Change[1]  Nov23- Dec23  Change [1]
(scheduled and
charter)
ASK (Mill.)        3,027    11.5%       6,292        11.4%
RPK (Mill.)        2,219    14.1%       4,570        15.4%
Load factor        73.3%   1.6 pp       72.6%        2.5 pp
No. of passengers  1,564    6.4%        3,404         8.5%
(000)

[1] Change compared to same period last year, pp = percentage points

Geographical      Dec23            Nov23
development,       vs.             -Dec23
schedule               Dec22         vs.
                                   Nov22
                                   -Dec22
                   RPK     ASK      RPK    ASK
Intercontinental  13.8%   14.9%    17.8%  13.8%
Europe/Intra      21.5%   17.2%    21.0%  16.6%
-Scandinavia
Domestic          -2.0%   -9.5%    1.0%   -4.8%
[]\\
Preliminary yield and PASK   Dec23  Nominal change[1]  FX adjusted change
Yield, SEK                    1.02              -0.1%                0.9%
PASK, SEK                     0.74               2.3%                3.4%

                                                                    Dec23
Punctuality (arrival 15                                             63.1%
min)
Regularity                                                          98.5%
Change in total CO2                                                23.5%
emissions
Change in CO2 emissions                                            1.7%
per available seat
kilometer
Carbon offsetting of                                                40.5%
passenger related emissions

Definitions:
RPK - Revenue passenger kilometers
ASK - Available seat kilometers
Load factor - RPK/ASK
Yield - Passenger revenues/RPK (scheduled)
PASK - Passenger revenues/ASK (scheduled)
Change in CO2 emissions per available seat kilometers - SAS passenger related
carbon emissions divided with total available seat kilometers (incl non-revenue
and EuroBonus tickets), rolling 12 months vs rolling 12 months previous year
Carbon offsetting of passenger related emissions - Share of SAS passenger
related carbon emissions compensated by SAS (EuroBonus members, youth tickets
and SAS' staff travel) during the month

From fiscal year 2020 we report change in CO2 emissions in total and per
Available Seat Kilometers (ASK) to align with our overall goal to reduce our
total CO2 emissions by 25% by 2025, compared to 2005.

For further information, please contact:
SAS press office, +46 8 797 29 44

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.
Learn more at https://www.sasgroup.net

This is information that SAS AB is obliged to make public pursuant to the EU
Market Abuse Regulation. The information was submitted for publication, through
the agency of Erno Hildén, at 11:00 a.m. CET on January 8, 2024.

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