Norwegian Air Shuttle ASA

Director's Dealing • Jul 15, 2025

Norwegian Air Shuttle ASA (NAS) – Exercise of employee share options under long term incentive program (LTI) and mandatory notification of trade

Norwegian Air Shuttle ASA (NAS) – Exercise of employee share options under long term incentive program (LTI) and mandatory notification of trade

In connection with Norwegian Air Shuttle ASA (NAS) long term incentive program, certain employees have today exercised 191,775 options that have vested.

Guro Halvorsen Poulsen has today exercised 109,586. Following this and transactions reported in a separate notice today, Ms Poulsen holds 78,277 share options and 177,789 shares in NAS.

Anne-Sissel Skånvik has today exercised 82,189 options. Following this and transactions reported in a separate notice today, Skånvik holds 59,408 share options and 52,293 shares in NAS.

The settlement will be done by way of a cash settlement of the share options. The strike of the options where NOK 13.50 and the average sales price was NOK 18.40. For further details regarding the option program in Norwegian, please refer to the Remuneration Policy available on the company’s web-site.

Knut Olav Irgens Høeg, Chief IT & Business Services Officer, has today sold 54,371 shares for an average price of NOK 18.40 per share. Following this and transactions reported in a separate notice today, Høeg holds 216,043 share options and 189,254 shares in NAS.

Please see attached notifications for persons discharging managerial responsibilities in accordance with Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian Securities Trading Act.

Fornebu, 15 July 2025

Norwegian Air Shuttle ASA

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities Trading Act, and was prepared by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, tel. +47 9066 4401.