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Norse Atlantic ASA

Earnings Release Sep 3, 2025

3683_rns_2025-09-03_0e12efae-d5b8-48b3-a343-f0f459b5494e.html

Earnings Release

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Norse Atlantic delivers 95% load factor in August, surpassing 4 million passengers flown

Norse Atlantic delivers 95% load factor in August, surpassing 4 million passengers flown

Arendal, Norway, 3 September 2025 - In August, Norse Atlantic Airways recorded a

load factor of 95% across own scheduled network and ACMI/charter operations, an

increase of 8%-points compared to August 2024. The load factor in own network

was also 95%, up 8%-points vs. August 2024.

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

· 95% load factor across network and ACMI/Charter operations (87%)

· 95% load factor in own scheduled network (87%)

· 607 flights in own scheduled network (650)

· 52 ACMI/charter flights operated (11)

· 208,153 passengers transported (191,291) across network and ACMI/charter

operations, up 9% YoY

· 64% of the flights departed within 15 minutes of their scheduled departure

time (79%)

· On-time performance continues to be negatively impacted by Air Traffic

Control (ATC) delays and airport congestions

· Surpassed 4 million passengers since first flight in June 2022

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

comments:

"Norse delivers consistent strong passenger growth and world-leading load factor

above 90% for a tenth consecutive month. This is driven by our data driven

market strategy, supported by modern aircraft and great staff providing

excellent travel experiences. Since we started flying three years ago, over 4

million passengers have enjoyed our affordable, value-for-money product, and we

maintain good momentum as we continue through the third quarter."

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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