As part of SAS FORWARD Plan, SAS defers interest payment on perpetual capital securities

As part of the SAS FORWARD Plan, outlined in the SAS AB (publ) (SAS or the
"Company") press release on the 22 February 2022 in connection with the Q1
results, SAS will defer the interest payments due 25 and 26 April 2022 on its
Capital Securities. The deferral of interest payment is made in accordance with
the terms and conditions for the respective Capital Securities

This means that SAS defers the SEK?36?m semi-annual interest payment due
25?April?2022 on its outstanding SEK?1,615?bn perpetual capital securities with
ISIN?SE0014957999 and the SEK?138?m semi-annual interest payment due
26?April?2022 on its in aggregate outstanding SEK?6?bn subordinated perpetual
capital securities with ISIN?SE0014958005 and SE0014958013 (jointly,
the?"Capital Securities").

SAS FORWARD Plan is designed to secure long-term competitiveness and financial
strength. The success of the program and the ability to attract potential new
capital relies on SAS fully achieving the cost reduction plan which in turn
depends upon SAS stakeholders' full participation.

A more comprehensive update on the progress of the SAS FORWARD Plan, will be
published later in April.

For further information, please contact:

SAS press office, [phone]

Louise Bergström, VP Investor Relations: [phone]

SAS, Scandinavia's leading airline, with main hubs in Copenhagen, Oslo and
Stockholm, is flying to destinations in Europe, USA and Asia. Spurred by a
Scandinavian heritage and sustainable values, SAS aims to be the global leader
in sustainable aviation. We will reduce total carbon emissions by 25 percent by
2025, by using more sustainable aviation fuel and our modern fleet with fuel
-efficient aircraft. In addition to flight operations, SAS offers ground
handling services, technical maintenance and air cargo services. SAS is a
founder member of the Star AllianceT, and together with its partner airlines
offers a wide network worldwide. 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 by Louise
Bergström at 03:00 p.m. CET on April 7, 2022.

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