SATS

Major Shareholding Notification • Nov 3, 2025

03 November 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

SCHEDULE

SATS ASA

JPMorgan Asset Management Holdings Inc.("JPMAM") no longer 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 30 October 2025 was 9,939,252 being 4.879% of the issued share capital and voting rights of the company. The holding in JPMAM crossed a notification threshold of 5% on 30 October 2025.

Breakdown by number of shares held:

JPMorgan Asset Management (UK) Limited 9,842,264 (4.832%) JPMorgan Asset Management (Taiwan) Limited 96,988 (0.048%)

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%)