SAS - Board/Management Information 2015

Change in SAS Group Management and Organization

Joakim Landholm, Executive Vice President Transformation, is to leave SAS in

August 2015. Joakim Landholm has decided to leave in association with the

imminent dissolution of the Transformation Department he has successfully

headed. The department will be integrated into the regular line organization.

"Joakim Landholm has been key to the comprehensive transformation SAS has

undergone in recent years to become a more modern, adaptable and competitive

airline. I would like to extend a warm thank you to Joakim for the enormous

efforts he has made and for what he has achieved for SAS," says Rickard

Gustafson, President and CEO of SAS.

Joakim Landholm joined SAS in January 2012 when he was appointed Executive Vice

President Commercial.

In association with the escalation of measures to create a more competitive SAS

in summer 2014, Joakim Landholm was tasked as Executive Vice President

Transformation with creating and managing a department solely focused on

improving efficiency and structural changes.

Following 12 months very intensive work, the Transformation Department can now

be dissolved. The structural changes this will entail will be announced after

standard union information.

Joakim Landholm will remain in his position at SAS until 31 August 2015.

For further information, please contact:

SAS press duty telephone: +46 8 797 2944

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