SAS — Board/Management Information 2019

Mar 1, 2019

Kay Kratky proposed as new Board member of SAS AB

Kay Kratky proposed as new Board member of SAS AB

On 6 February 2019, SAS AB published its notice convening the Annual General

Meeting (AGM) to take place on 13 March 2019. In the notice the Nomination

Committee nominated the seven current Board members to the Board of Directors.

After the notice convening the AGM, the Nomination Committee continued its

search for an additional Board member and has in this process looked for a

person with experience from the airline industry. The Nomination Committee has

now therefore decided to propose Kay Kratky, born 1958, as new Board member of

SAS AB.

Kay Kratky is currently a member of the executive board of the Austrian Aviation

Association, president of the Aviation Initiative for Renewable Energy in

Germany e.V. and chairman of the advisory board of Caphenia GmbH, a company

producing CO2 reduced fuels. After studying mechanical engineering in Technische

Hochschule Darmstadt, he started his career at Lufthansa as first officer and

subsequently captain. Kay Kratky held a number of leading positions during his

years with the Lufthansa Group including the role as Chief Operating Officer.

Between 2015 and 2018 Kay Kratky served as Chief Executive Officer of Austrian

Airlines.

For further information:

SAS press contact +46 8 797 29 44

Michel Fischier, Investor Relations, +46 70 997 06 73

This information is information that SAS AB is obliged to make public pursuant

to the Securities Markets Act. The information was submitted for publication,

through the agency of the contact person set out above, at 12.00 CET on 1 March

2019.