SAS

Earnings Release • Jul 5, 2024

SAS Traffic figures - June 2024

SAS Traffic figures - June 2024

2.5 million passengers traveled with SAS during June

2.5 million passengers traveled with SAS in June, a 3 percent increase compared

with the same month last year. SAS' capacity increased by 8 percent and RPK

increased by 8 percent, compared with June 2023. The flown load factor for June

was 81 percent.

"We are pleased to enter the summer season with increasing passenger volumes and

a strong regularity of 99.1 percent. In June, we also inaugurated a new route to

Atlanta and launched a new partnership with the digital challenger bank Lunar,

which means we are launching Scandinavia's first debit card that can be used to

earn EuroBonus points," says Anko van der Werff, President & CEO of SAS.

[][]

SAS total traffic Jun24 Change[1] Nov23- Jun24 Change [1]

(scheduled and

charter)

ASK (Mill.) 4,313 7.7% 27,808 10.0%

RPK (Mill.) 3,480 8.1% 21,159 13.1%

Load factor 80,7% 0.2 pp 76.1% 2.0 pp

No. of passengers 2,461 3.1% 15,454 6.7%

(000)

[1] Change compared to same period last year, pp = percentage points

Geographical Jun24           Nov23

development, vs.          -Jun24

schedule Jun23   vs.

Nov22

-Jun23

RPK ASK RPK ASK

Intercontinental -0.8% 1.9% 14.3% 10.5%

Europe/Intra 22.4% 21.6% 19.2% 16.0%

-Scandinavia

Domestic -10.2% -15.6% -3.3% -6.1%

[]\\\\

Preliminary yield and PASK Jun24 Nominal change[1] FX adjusted change

Yield, SEK 1.16 -4.3% -3.8%

PASK, SEK 0.93 -3.9% -3.5%

Jun24

Punctuality (departure 15 78.8%

min)

Regularity 99.1%

Change in total CO\2 15.6%

\emissions

Change in CO\2 \emissions -1.8%

per available seat

kilometer

Definitions:

RPK - Revenue passenger kilometers

ASK - Available seat kilometers

Load factor - RPK/ASK

Yield - Passenger revenues/RPK (scheduled)

PASK - Passenger revenues/ASK (scheduled)

Change in CO\2 \emissions per available seat kilometers - SAS passenger related

carbon emissions divided with total available seat kilometers (incl non-revenue

and EuroBonus tickets), rolling 12 months vs rolling 12 months previous year

From fiscal year 2020 we report change in CO\2\ emissions in total and per

Available Seat Kilometers (ASK) to align with our overall goal to reduce our

total CO\2\ emissions by 25% by 2025, compared to 2005.

For further information, please contact:

SAS press office, +46 8 797 29 44

SAS, Scandinavia's leading airline, with main hubs in Copenhagen, Oslo and

Stockholm, flies to destinations in Europe, USA and Asia. Spurred by a

Scandinavian heritage and sustainability values, SAS aims to be the driving

force in sustainable aviation and in the transition toward net zero emissions.

We are continuously reducing our carbon emissions through using more sustainable

aviation fuel, investing in new fuel-efficient aircraft and technology

innovation together with partners - thereby contributing towards the industry

target of net zero CO2 emissions by 2050. In addition to flight operations, SAS

offers ground handling services, technical maintenance and air cargo services.

Learn more at https://www.sasgroup.net