SAS — AGM Information 2018

Jan 29, 2018

Scandinavian Airlines SE-195 87 Stockholm Telephone: +46(0)8 797 0000

SAS AB's 2018 Annual General Shareholders' Meeting moved to 10 April

SAS has in conjunction with previous interim reports and on 30 October 2017 informed that the Annual General Shareholders' Meeting (AGM) in 2018 is planned to take place on 5 March 2018. The Nomination Committee has during a longer period been working for a succession regarding the Chairman position at SAS's Board of Directors. Due to the task turning out more complex than anticipated, the Nomination Committee has informed SAS that it requires some additional time before a complete proposal for the election of the Board can be presented.

"The Nomination Committee has a robust process in place to find SAS's next Chairman. We are in dialogue with a number of candidates, but they require more time to confirm their availability and to take on such a demanding task as SAS," says Carl Rosén, Chairman for the Nomination Committee.

SAS's Board has therefore decided to move the AGM for 2018 to 10 April 2018.

The notice convening the AGM is expected to be announced around the 7th of March 2018.

SAS

Björn Tibell, Head of Investor Relations, +46 70 997 1437

This information is information that SAS AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 18.00 CET on 29 January 2018.