Norse Atlantic ASA

Norse Atlantic ASA: Notice of extraordinary general meeting

Arendal, 6 November 2023: Reference is made to the stock exchange announcement

published by Norse Atlantic ASA (the "Company") on 4 November 2023 regarding the

successful completion of a private placement of 55,690,500 new shares

(conditionally in respect of tranche 2) in the Company raising gross proceeds of

USD 55 million (equal to approx. NOK 613 million) (the "Private Placement").

The Company's board of directors hereby calls for an extraordinary general

meeting to be held on 27 November 2023 at 09:00 CET in order to inter alia i)

approve the issuance of new shares in connection with settlement of tranche 2 of

the Private Placement, ii) granting an authorization to the Company's board of

directors to issue new shares in connection with a contemplated subsequent

offering, and iii) approve the election of additional members to the board of

directors. The meeting will be held electronically.

The notice for the extraordinary general meeting, including the board's proposed

resolutions, the notice of attendance and proxy forms, are attached to this

notice and will be made available on the Company's website www.flynorse.com.

Shareholders are encouraged to attend the meeting by casting their votes in

advance or granting a proxy to the chair of the board of directors within 23

November 2023 at 16:00 CET. Further details are found in the attached notice.

For further information, please contact:

Investors: CFO, Anders Jomaas, [email protected]

Media: SVP Communications, Philip Allport, [email protected]

About Norse

Norse Atlantic Airways is an airline that offers affordable fares on long-haul

flights, primarily between Europe and the United States. The company was founded

by CEO and major shareholder Bjørn Tore Larsen in March 2021. Norse has a fleet

of 15 modern, fuel-efficient and more environmentally friendly Boeing 787

Dreamliners that serve destinations including New York, Los Angeles, Orlando,

Boston, Washington, Boston, Jamaica, Barbados, Bangkok, Miami, Oslo, London,

Berlin, Rome and Paris. The company's first flight took off from Oslo to New

York on June 14, 2022.

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

-12 the Norwegian Securities Trading Act.

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