SAS — Board/Management Information 2015

Jan 19, 2015

Scandinavian Airlines SE-195 87 Stockholm Telephone: +46(0)8 797 0000 Fax: +46(0)8 797 1515

Change in SAS Group Management

Senior Vice President and General Counsel Mats Lönnkvist will retire and leave SAS Group Management on March 1st 2015.

• I would like to thank Mats for making such a fantastic contribution during his 27 years with SAS. In particular, over the last few years, his expertise and dedication have proved invaluable to our work with change management and I wish him all the best now when he is leaving SAS to enter retirement," says Rickard Gustafson, President and CEO of SAS

In connection with that Mats Lönnkvist leaves SAS, a restructure of SAS Group Management will be implemented. The change means that additional responsibilities will be given to SAS new Chief of Staff, Carina Malmgren Heander, who besides HR and Communications now also will include Legal & Public and Regulatory Affairs. Marie Wohlfahrt will become SAS new General Counsel within the Legal & Public organization.

The restructuring means that the number of members of SAS Group Management will decrease to seven people.

For further information, please contact SAS on +46 8 797 2944

SAS discloses this information pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was provided for publication on 19 January 2015, at 08:00 a.m. CET.