SATS

Transaction in Own Shares • Sep 8, 2025

SATS ASA: Status on share buyback

SATS ASA: Status on share buyback

Reference is made to the stock exchange announcement made by SATS ASA ("SATS"

or the "Company") on 8 May 2025 of the launch of SATS' program to repurchase

up to 2 500 000 of the Company's shares in open market transactions for a

total amount of up to NOK 100 million during the period from 9 May 2025, until

no later than the Company's Annual General Meeting of 2026, pursuant to an

agreement with DNB Markets.

For the period from and including 9 May 2025, through 8 September 2025, the

Company purchased a total of 1 599 101 shares at an average price of NOK

35.5026 per share, all purchased as ordinary market purchases on Euronext Oslo

Børs.

Overview of transactions:

+--------------------+-----------------+----------------+--------------------+

| Date | Aggregate daily | Weighted | Total transactions |

| | volume (# of | average price | value |

| | shares) | (NOK) | |

+--------------------+-----------------+----------------+--------------------+

| 01.09.2025 | 94 849 | 36.7205 | 3 482 902.70 |

+--------------------+-----------------+----------------+--------------------+

| 02.09.2025 | 101 100 | 36.9565 | 3 736 302.15 |

+--------------------+-----------------+----------------+--------------------+

| 03.09.2025 | 101 423 | 36.7807 | 3 730 408.94 |

+--------------------+-----------------+----------------+--------------------+

| 04.09.2025 | 63 512 | 36.8566 | 2 340 836.38 |

+--------------------+-----------------+----------------+--------------------+

| 05.09.2025 | 104 374 | 37.3198 | 3 895 216.81 |

+--------------------+-----------------+----------------+--------------------+

| 08.09.2025 | 75 032 | 37.4980 | 2 813 549.94 |

+--------------------+-----------------+----------------+--------------------+

| Previously | 1 058 811 | 34.7305 | 36 773 073 |

| disclosed buybacks | | | |

| under the program | | | |

+--------------------+-----------------+----------------+--------------------+

| Accumulated under | 1 599 101 | 35.5026 | 56 772 290 |

| the buyback | | | |

| program | | | |

+--------------------+-----------------+----------------+--------------------+

The issuer's holding of own shares:

Following the completion of the above transactions, SATS owns a total of 1 918

452 of own shares, corresponding to 0.94% of SATS' share capital.

Appendix:

An overview of all transactions made under the buyback program that have been

carried out during the above-mentioned time period is attached to this report

and available at www.newsweb.no (http://www.newsweb.no/).

For further information, please contact:

Cecilie Elde, Chief Financial Officer, phone: +47 924 14 195

Stine Klund, Investor Relations, phone: +47 986 99 259

This is information that SATS is obliged to make public pursuant to the EU

Market Abuse Regulation and subject to the disclosure requirements pursuant to

Section 5-12 of the Norwegian Securities Trading Act.