Norse Atlantic ASA

Norse Atlantic Airways appoints new Chief Financial Officer and Chief Strategy and Investment Officer

As Norse Atlantic Airways prepares for take-off, the Company strengthens its

leadership team by appointing Ben Boiling as Chief Financial Officer and James

Lightbourn as Chief Strategy and Investment Officer.

"Both Ben and James have been instrumental to establishing Norse and preparing

the organization for take-off. With operations to commence in the second

quarter, we are making these adjustments to position ourselves for the next

phase of the company. I am very pleased that Ben will become a part of the

leadership team as Chief Financial Officer and that James will step into the new

role as Chief Strategy and Investment Officer. I look forward to collaborating

with them and the rest of Team Norse to make this airline a great success," said

CEO Bjørn Tore Larsen.

Ben Boiling has served as Senior Vice President Finance and Corporate for Norse

and James Lightbourn as Chief Financial Officer, and both have been part of the

founding team of Norse.

Ben Boiling is a Chartered Accountant and has extensive senior financial

management experience from several Oslo-listed companies, most recently as Chief

Financial Officer of ADS Maritime Holding Plc. Ben has also previously worked

for EY and is a State Registered Auditor in Norway.

James Lightbourn played a critical role in the founding of Norse through his

role as an Investment Director at Shiphold Management Serviced Ltd before taking

on the role as Norse's CFO. James has spent his career as a financier to the

transportation sector as a banker, private equity investor, and asset owner.

Norse will take to the skies in the second quarter 2022 and will operate

affordable flights between Europe and North America with a fleet of 15 modern

and more environmentally friendly Boeing 787 Dreamliner aircraft.

Contact:

Lasse Sandaker-Nielsen

Chief Communications and Public Affairs Officer

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

-12 the Norwegian Securities Trading Act. This stock exchange release was

published by Lasse Sandaker-Nielsen, Chief Communications and Public Affairs

Officer, Norse Atlantic ASA, on 23 February 2022 at 08:00 CET.

About Norse Atlantic Airways

Norse Atlantic Airways is a new airline that will offer 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 will serve destinations including New York, Florida, Paris,

London and Oslo, among others. First flights are expected to take off in the

second quarter 2022.

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