SAS — AGM Information 2022

Mar 17, 2022

Resolutions by the 2022 Annual General Meeting in SAS AB (publ)

Resolutions by the 2022 Annual General Meeting in SAS AB (publ)

The Annual General Meeting held on 17 March 2022, resolved in accordance with

the proposal by the Nomination Committee to re-elect Carsten Dilling as Chairman

of the Board and to re-elect Lars-Johan Jarnheimer, Nina Bjornstad, Monica

Caneman, Michael Friisdahl, Henriette Hallberg Thygesen, Kay Kratky and Oscar

Stege Unger. The Annual General Meeting also resolved in accordance with the

proposal by the Nomination Committee that the Board fees shall remain unchanged

in relation to last year.

The Annual General Meeting resolved to approve the presented income statement

and balance sheet and the consolidated income statement and consolidated balance

sheet.

The Annual General Meeting resolved not to distribute any dividend to the

shareholders for the financial year 1 November 2020-31 October 2021.

The Annual General Meeting resolved to discharge the Board members and the CEO

from liability for the financial year 1 November 2020-31 October 2021.

The Annual General Meeting resolved to re-elect the auditing firm KPMG AB as

auditor.

The Annual General Meeting resolved to adopt instructions for the Nomination

Committee and that the five members of the Nomination Committee would be the

Chairman of the Board, together with the shareholder representatives Åsa

Mitsell, Ministry of Enterprise and Innovation, for the Swedish government,

Adrian Lübbert, Ministry of Finance, for the Danish government, Jacob

Wallenberg, for Wallenberg Investments AB, and Gerald Engström, representing

himself and Färna Invest AB.

The Annual General Meeting resolved to approve the Board's report for

renumeration for senior executives.

The Annual General Meeting resolved to approve the Board's proposal to amend the

Articles of Association.

The Annual General Meeting resolved to reject the shareholder proposal from

Thorwald Arvidsson on publication of list of so called yellow and blue free

passes (Sw. gula och blå frikort).

Further, the Annual General Meeting resolved to reject the shareholder proposal

from Thorwald Arvidsson on special examination (Sw. särskild granskning).

For further information, please contact:

SAS press office, +46 8 797 29 44

Louise Bergström, VP investor relations, +46 70 997 04 93

SAS, Scandinavia's leading airline, with main hubs in Copenhagen, Oslo and

Stockholm, is flying to destinations in Europe, USA and Asia. Spurred by a

Scandinavian heritage and sustainable values, SAS aims to be the global leader

in sustainable aviation. We will reduce total carbon emissions by 25 percent by

2025, by using more sustainable aviation fuel and our modern fleet with fuel

-efficient aircraft. In addition to flight operations, SAS offers ground

handling services, technical maintenance and air cargo services. SAS is a

founder member of the Star AllianceT, and together with its partner airlines

offers a wide network worldwide. Learn more at https://www.sasgroup.net

This information was submitted for publication, through the agency of the

contact person set out above, at 15:00 CET on 17 March 2022.