SATS

Major Shareholding Notification • Aug 21, 2025

The Market Administration Department The Oslo Stock Exchange Tollbugt 2 PO Box 460 Sentrum 0105 OSLO Norway E-mail: ma@oslobors.no

Investor Relations SATS ASA Nydalsveien 28 0484 Oslo Norway E:mail: cecilie.elde@sats.no stine.klund@sats.no

SATS ASA

Securities Trading Act

On behalf of JPMorgan Asset Management Holdings Inc. ("JPMAM") and its subsidiaries, JPMAM hereby notifies that it no longer has a notifiable interest in SATS ASA ("the Company"), as detailed in the attached Schedule.

If you require any further information, please do not hesitate to contact me.

Yours faithfully

Natasha Mondon EMEA Compliance Department

JPMorgan Chase Bank, National Association 25 Bank Street, London, E14 5JP Tel: +44 (0)20 7742 9997 • Fax: +44 (0) 20 3493 0684 • EMEA_DOI_Compliance@jpmorgan.com Organised under the laws of U.S.A. with limited liability. Main Office 1111 Polaris Parkway, Columbus, Ohio 43240 Registered as a branch in England & Wales branch No. BR000746. Registered Branch Office 25 Bank Street, Canary Wharf, London, E14 5JP Authorised by the Office of the Comptroller of the Currency in the jurisdiction of the U.S.A. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and to limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

20 August 2025

SCHEDULE

SATS ASA

JPMorgan Asset Management Holdings Inc.("JPMAM") has a notifiable interest in the share capital of SATS ASA as a result of trades by its subsidiary JPMorgan Asset Management (UK) Limited. The total number of shares held by JPMAM on 19 August 2025 was 10,076,995 being 4.947 % of the issued share capital and voting rights of the company.

Breakdown by number of shares held:

JPMorgan Asset Management (UK) Limited	9,817,763 (4.820%)
JPMorgan Asset Management (Taiwan) Limited	163,356 (0.080%)
JPMorgan Asset Management (China) Company Limited	95,876 (0.047%)

CHAIN OF CONTROLLED UNDERTAKINGS

Relationship of JPMorgan Asset Management Holdings Inc. to subsidiaries involved in the disclosure.

JPMorgan Asset Management Holdings Inc. JPMorgan Asset Management International Limited (100%) JPMorgan Asset Management (UK) Limited (100%)

JPMorgan Asset Management Holdings Inc. JPMorgan Asset Management (Asia) Inc. (100%) JPMorgan Asset Management (Taiwan) Limited (100%)

JPMorgan Asset Management Holdings Inc. JPMorgan Asset Management (China) Company Limited (100%)