SAS

Regulatory Filings • Mar 7, 2024

SAS Traffic figures - February 2024

SAS Traffic figures - February 2024

1.7 million passengers traveled with SAS during February

1.7 million passengers traveled with SAS in February, an 8 percent increase

compared with the same month last year. SAS' capacity increased by 17 percent

and RPK increased by 21 percent, compared with February 2023. The flown load

factor for February was 73 percent.

"We continue to see a growing number of passengers choosing to travel with SAS.

In February, 1.7 million passengers traveled with us, up 8 percent from last

year. We are also pleased to see very stable operational performance, especially

for a winter month, with regularity at 99.2 percent. We look forward to continue

strengthening our position in Scandinavia as we approach the summer season,"

says Anko van der Werff, President & CEO of SAS.

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SAS total traffic Feb24 Change[1] Nov23- Feb24 Change [1]

(scheduled and

charter)

ASK (Mill.) 3,022 16.9% 12,146 11.1%

RPK (Mill.) 2,216 21.1% 8,769 15.2%

Load factor 73.3% 2.5 pp 72.2% 2.6 pp

No. of passengers 1,676 7.8% 6,530 6.7%

(000)

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

Geographical Feb24           Nov23

development, vs.          -Feb24

schedule Feb23   vs.

Nov22

-Feb23

RPK ASK RPK ASK

Intercontinental 34.6% 23.3% 20.8% 15.8%

Europe/Intra 23.0% 19.8% 18.4% 13.9%

-Scandinavia

Domestic -1.2% -0.7% -0.5% -4.3%

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Preliminary yield and PASK Feb24 Nominal change[1] FX adjusted change

Yield, SEK 1.00 -6.7% -5.1%

PASK, SEK 0.73 -3.0% -1.3%

Feb24

Punctuality (departure 15 82.0%

min)

Regularity 99.2%

Change in total CO\2 20.6%

\emissions

Change in CO\2 \emissions -0.4%

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

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

Market Abuse Regulation. The information was submitted for publication, through

the agency of Erno Hildén, at 11:00 a.m. CET on March 7, 2024.