Norwegian Air Shuttle ASA — Earnings Release 2021

Jun 4, 2021

Norwegian Air Shuttle ASA (NAS) - Traffic figures for May 2021

Norwegian Air Shuttle ASA (NAS) - Traffic figures for May 2021

Norwegian’s traffic figures for May are heavily influenced by the travel restrictions and soft demand. The capacity was 41% higher than last year with a load factor of 54.8%. Bookings for the summer are increasing day by day driven by the gradual reopening in Scandinavia and as travel restrictions are easing.

Compared to the same period last year:

- Total capacity (ASK) increased by 41%

- Total passenger traffic (RPK) increased by 97%

- The load factor was 54.8%, up 16 p.p.

- The total number of passengers flown was 96,909, an increase of 32%

The unit revenue (RASK) is estimated at 0.63 for the period, up by 17%. The average flying distance for the Group decreased by 4% in May compared to the same period last year. In May, the Group operated 99.1% of its scheduled flights, whereof 95.9% departed on time, 2.3 p.p. lower than last year. CO2 emissions was 135 grams per RPK, due to lower load factor than normal.

Fornebu, 4 June 2021

Norwegian Air Shuttle ASA

This information is subject of the disclosure requirements according to Market Abuse Regulation (MAR) Article 17 no. 1, and was prepared by Tore Østby, Investor Relations at Norwegian Air Shuttle ASA, tel +47 99546400.