Norse Atlantic ASA

Norse Atlantic with All-Time-High Load Factor of 99%

Arendal, Norway, 3 July 2025 - In June, Norse Atlantic Airways recorded a load

factor of 99% across network and ACMI/charter operations. This is the highest

load factor ever achieved by the company, 3%-points higher than the previous May

2025 record and 14%-points higher than June 2024. The load factor in own

scheduled network was also 99%, 3%-points up from May 2025 and up 14%-points

year-on-year.

(Comparable figures for the same month the previous year shown in brackets)

· 99% load factor across network and ACMI/Charter operations (85%)

· 99% load factor in scheduled network (85%)

· 589 flights in scheduled network (620)

· 59 ACMI/charter flights operated (0)

· 214,419 passengers transported (178,042) across network and ACMI/charter

operations, up 20% YoY and the highest level ever

· 70% of the flights departed within 15 minutes of their scheduled departure

time (80%)

· On-time performance negatively impacted by continued Air Traffic Control

(ATC) delays and airport congestions

Bjørn Tore Larsen, CEO, Founder and major shareholder of Norse Atlantic,

comments:

"Norse Atlantic Airways continues to deliver a world-leading load factor and

significant passenger growth. We maintain our good momentum into the busy summer

months, where we will continue to deliver our affordable, value for money

product to our customers worldwide."

Investor contacts

Anders Hall Jomaas, CFO, [email protected]

This information is subject to disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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