Norse Atlantic ASA

Norse Atlantic delivers strong growth with 94% load factor

Arendal, Norway, 7 August 2025 - In July, Norse Atlantic Airways recorded a load

factor of 94% across own scheduled network and ACMI/charter operations, an

increase of 11%-points compared to July 2024. The load factor in own network was

also 94%, up 12%-points vs. July 2024.

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

· 94% load factor across network and ACMI/Charter operations (83%)

· 94% load factor in scheduled network (82%)

· 604 flights in scheduled network (630)

· 54 ACMI/charter flights operated (9)

· 203,712 passengers transported (176,934) across network and ACMI/charter

operations, up 15% YoY

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

time (69%)

· On-time performance continues to be impacted by 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 strong passenger growth and world

-leading load factor. July was the ninth consecutive month above 90%, reflecting

the successful introduction of our data driven market strategy late last year.

This provides good momentum into the third quarter as we deliver our affordable,

value for money product to 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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