Norse Atlantic ASA

Delisting Announcement • Sep 22, 2022

Norse Atlantic Airways begins trading on OTCQX Market

Norse Atlantic Airways begins trading on OTCQX Market

Arendal, Norway - 22nd September 2022 - Norse Atlantic Airways is pleased to

announce that the company will begin trading today on the OTCQX® Best Market in

New York. Trading will commence at 09.00 EST / 15.00 CET.

OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading

12,000 U.S. and international securities.

"We are very pleased to have begun trading on the OTCQX Market. This will allow

both large and small US investors to more easily trade in Norse Atlantic Airways

and be part of our journey to democratize long haul transatlantic travel by

offering affordable fares and high quality on board experience. The company is

now operating a full summer schedule from four US gateways to Norway, the United

Kingdom and Germany. Operations from the US to Paris will be announced soon,"

said Bjorn Tore Larsen, CEO of Norse Atlantic Airways.

Norse Atlantic Airways begins trading today on OTCQX under the symbol "NRSAF."

U.S. investors can find current financial disclosure and Real-Time Level 2

quotes for the company on www.otcmarkets.com.

Upgrading to the OTCQX Market is an important step for companies seeking to

provide transparent trading for their U.S. investors.  For companies listed on a

qualified international exchange, streamlined market standards enable them to

utilize their home market reporting to make their information available in the

U.S. To qualify for OTCQX, companies must meet high financial standards, follow

best practice corporate governance and demonstrate compliance with applicable

securities laws.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading

12,000 U.S. and international securities. Our data-driven disclosure standards

form the foundation of our three public markets: OTCQX® Best Market, OTCQB®

Venture Market and Pink® Open Market.

Our OTC Link® Alternative Trading Systems (ATSs) provide critical market

infrastructure that broker-dealers rely on to facilitate trading.  Our

innovative model offers companies more efficient access to the U.S. financial

markets.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS,

operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

Investor contacts:

Ben Boiling, CFO, ben.boiling@flynorse.com

Media contacts:

Philip Allport, Senior Vice President Communications

media@flynorse.com

Norse Atlantic Airways is a new 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 will serve destinations including New York, Los Angeles,

Fort Lauderdale, Orlando, Oslo, London, Berlin and Paris. The company's first

flight took off from Oslo to New York on June 14, 2022.