At a Board meeting of SAS AB, the November 2020-October 2021 Annual and
Sustainability Report for the SAS Group and its parent company SAS AB was
presented and approved.

The Annual and Sustainability Report is now available digitally on:
https://www.sasgroup.net under "Investor Relations".

The Board of Directors proposes to the 2022 AGM that no dividends will be paid
to holders of SAS AB's common shares for fiscal year 2021.
Apart from this, the report does not contain any new substantial information
which has not already been disclosed in SAS's year-end report or via separate
press releases.

For further information. please contact:

SAS press office: +46 8 797 29 44

Louise Bergström, VP Investor Relations: +46 70 997 04 93

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 08:00 a.m. CET on 27 January 2022.

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