SAS — Board/Management Information 2021

Feb 24, 2021

Michael Friisdahl proposed as new Board member of SAS AB

Michael Friisdahl proposed as new Board member of SAS AB

On 9 February 2021, SAS AB published its notice convening the Annual General

Meeting to take place on 17 March 2021. In the notice, the Nomination Committee

informed that it proposes re-election of six Board members and new election of

two Board members.

After the notice convening the Annual General Meeting was published, the

Nomination Committee has decided to propose Michael Friisdahl, born 1962, as new

Board member of SAS AB, after the Nomination Committee was informed by the

current Board member Dag Mejdell that he due to another assignment is no longer

available for re-election as Board member of SAS AB.

Michael Friisdahl, is the President and Chief Executive Officer of Maple Leaf

Sports &

Entertainment (https://en.wikipedia.org/wiki/Maple_Leaf_Sports_%26_Entertainment)

(MLSE), a sports and entertainment company based in Toronto, Canada. Prior to

joining MLSE, Michael Friisdahl served as President and Chief Executive Officer

of Air Canada Leisure Group where he led the launch of Air Canada rouge. Before

that, Michael Friisdahl held several leading positions at Thomas Cook North

America and was partner and President and Chief Executive Officer of The Holiday

Network.

Michael Friisdahl currently serves on the Board for the Hospital for SickKids in

Toronto and as Campaign Cabinet Chair for the Scarborough Health Network

Foundation $100M fundraising campaign.

In view of that the Nomination Committee's revised proposal to instead of Dag

Mejdell propose Michael Friisdahl as new Board member of SAS AB, an updated

postal voting form is available at the company's website www.sasgroup.net (under

"About SAS/Corporate Governance"). Postal votes submitted on the previous postal

voting form will, in respect of Dag Mejdell, not be considered in the count of

votes. Shareholders who have submitted votes on the previous postal voting form

are welcome to submit their votes again by using the updated postal voting form.

As previously has been communicated, due to the COVID-19 pandemic and in order

to reduce the risk of spreading the virus, the Board has decided for the Annual

General Meeting to be held without physical presence of shareholders,

representatives and third parties, and that shareholders shall have the

possibility to exercise their voting rights only through advance voting (postal

voting).

For further information:

SAS press contact, +46 8 797 29 44

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

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 www.sasgroup.net