SAS - Board/Management Information 2015

Lars Sandahl Sørensen joins SAS Group Management

Lars Sandahl Sørensen is returning to SAS as new Group Director and COO, (Chief

Operating Officer), SAS. Lars Sandahl will join on 1 May 2015.

Lars Sandahl Sørensen was previously Group Director and CCO (Chief Commercial

Officer) of global services company ISS. Prior to that he worked for SAS from

2003 to 2010. He was initially MD of the airline's then subsidiary company SAS

International before being appointed Group Director for Commercial with

responsibility for product development, network, revenue management and

marketing. Lars Sandahl Sørensen is currently a partner at Flensby & Partners

and advisor to several Private Equity funds. He also holds a number of board

positions.

"In Lars we are gaining a highly experienced manager and also a COO with solid

experience in the aviation industry and a wide ranging background from other

global businesses. Lars is returning to SAS at an incredibly exciting period

when we are making major investments to renew our fleet at a time when the

competition picture in the industry has radically changed. It is fantastic to

welcome Lars back to SAS," says Rickard Gustafson, President and CEO of SAS.

"It will be incredibly exciting to get onboard once again and work with the best

employees in the airline industry. SAS plays an extremely important role for

Scandinavia with a strong offer to frequent flyers. I have enormous respect for

the solid work that is being done with regard to safety and punctuality. I look

forward to joining my new colleagues in delivering high quality services that

are continuously being further developed and improved, and to help strengthen

SAS's position as Scandinavia's leading airline," says Lars Sandahl Sørensen.

Lars will take up his position on 1 May 2015. As previous announced, current

Group Director for Operations, Flemming Jensen, will leave his post by 1 May

For further information, please contact:

SAS press duty telephone: +46 8 797 2944

SAS is Scandinavia's leading airline with daily flights to destinations in

Europe, USA and Asia. SAS is a member of Star AllianceT and through its 26

partners is able to offer over 1,200 destinations in 193 countries around the

world. For more information, please go to www.sas.se.

SAS is publishing this information in accordance with the Swedish Securities

Market Act and/or the Swedish Financial Instruments Trading Act. Information

embargoed for publication until 23 February 10.00 CET.

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