SATS

Notification of transactions by primary insiders and their closely associated persons

1	Details of the Primary Insider/Close Associate
a)	Name	Funkybiz AS
2	Reason for the notification
a)	Position/status	Closely associated company of Hugo Lund Maurstad, Chair of the Board
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	SATS ASA
b)	LEI	549300UWBMWYM7YQRF97
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Shares in SATS ASA (ISIN NO0010863285)
b)	Nature of the transaction	Transfer of shares from Funkybiz AS to Hugo Lund Maurstad
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 38.4	3,500,000
d)	Aggregated information — Aggregated volume — Price	Volume: 3,500,000 Price per share: NOK 38.4 Total: NOK 134,400,000

e)	Date of the transaction	November 28, 2025
f)	Place of the transaction	Outside a trading venue

1	Details of the Primary Insider/Close Associate
a)	Name	Hugo Lund Maurstad
2	Reason for the notification
a)	Position/status	Chair of the Board
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	SATS ASA
b)	LEI	549300UWBMWYM7YQRF97
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Shares in SATS ASA (ISIN NO0010863285)
b)	Nature of the transaction	Transfer of shares from Funkybiz AS to Hugo Lund Maurstad
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 38.4	3,500,000
d)	Aggregated information — Aggregated volume — Price	Volume: 3,500,000 Price per share: NOK 38.4
		Total: NOK 134,400,000
e)	Date of the transaction	November 28, 2025
f)	Place of the transaction	Outside a trading venue