Flyr AS — Board/Management Information 2022

Aug 17, 2022

Changes to the Board of Directors, appointment of employee representatives.

Changes to the Board of Directors, appointment of employee representatives.

In a recently concluded election, the employees of Flyr have elected two

representatives to the Board of Directors. Paal Cronblad Wollan and Per Erik

Åkerman were elected as new directors to the Board with a service period of two

years.

· Paal Wollan is a senior cabin chief and ground instructor. He has been with

Flyr since start of operations and has more than 30 years of aviation experience

from several airlines both in Europe and the U.S.

· Per Erik Åkerman is a pilot and captain. He joined Flyr at the beginning of

this year and has more than 30 years of aviation experience as a pilot in

several airlines both in Europe and the U.S.

Current Director Maurice Mason is about to embark on a sabbatical year pursuing

his dream of sailing the world by sailboat. After careful consideration, Mason

has concluded that it will be difficult to combine this adventurous journey and

at the same time fully attend to his duties as a member of the Board of

Directors and have therefore asked to be relieved from his duties and resign as

director, to which the Board of Directors have expressed its understanding. The

Board of Directors have initiated a process to select replacement candidate(s)

to be presented to the shareholders for approval.

Following these changes, the Board of Directors of Flyr AS will consist of:

- Erik G. Braathen (Chairman)

- Tord Meling (Director)

- Paal C. Wollan (Director)

- Per Erik Åkerman  (Director)

In addition to the directors the employees have elected observers and deputy

representatives as follows: Trude Remen (Observer), Cathrine Skjærli Henriksen

(Observer), Christopher Nuland Andersen (Deputy), Hans Janic Andersson (Deputy),

Henok Goitom Tekeste (Deputy) and Andreas Berg Tangen (Deputy).

The Chairman of the Board, Erik G. Braathen said: "Both personally and on behalf

of the Board of Directors I would like to thank Maurice Mason for his valuable

service to the company. I am very grateful that Maurice joined Flyr in an early

phase and brought his extensive aviation experience and expertise to help

establish Norway's new airline, we wish him all the best and a safe journey when

he embarks on new adventures sailing the high seas. I would also take this

opportunity to extend a warm welcome to the new directors and observers elected

by and among the employees that will bring valuable operational airline

experience and the employee perspective to the Board of Directors."

For further information please contact:

Brede Huser, Chief Financial Officer

Phone: +47 99 16 99 74

Email: brede.huser@flyr.com

About Flyr

Flyr is a Norwegian based low-cost carrier with a demand driven business model

and a primary focus on the Norwegian market. The company targets a modern,

digital, and efficient setup to ensure high operational efficiency through

simplicity, optimized resource utilization and smart use of technology. Flyr AS

is listed on Euronext Growth under the ticker FLYR.

To learn more, please visit www.flyr.com.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.