SAS - Report Publication Announcement 2021

SAS ANNUAL AND SUSTAINABILITY REPORT - FISCAL YEAR 2020

At a Board meeting of SAS AB, the November 2019-October 2020 Annual and

Sustainability Report for the SAS Group and its parent company SAS AB was

presented and approved.

The Annual Report is now available on the internet, www.sasgroup.net under

Investor Relations.

The Board of Directors proposes to the 2021 AGM that no dividends be paid to

holders of SAS AB's common shares for fiscal year 2020. Apart from this,

the report does not contain any new substantial information which has not

already been disclosed in SAS's year-end report or via separate press releases.

For further information. please contact:

SAS press office. +46 8 797 2944

Michel Fischier. VP Investor Relations. +46 70 997 0673

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

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

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

Michel Fischier at 08:00 a.m. CET on 2 February 2021.

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