SATS

SATS ASA: Status on share buyback

Reference is made to the stock exchange announcement made by SATS ASA ("SATS"

or the "Company") on 30 October 2025 of the launch of SATS' program to

repurchase up to 3,500,000 of the Company's shares in open market transactions

for a total amount of up to NOK 100 million during the period from 31 October

2025, until no later than the Company's Annual General Meeting of 2026,

pursuant to an agreement with DNB Carnegie (the "Buyback Program").

For the period from and including 31 October 2025, through 7 November 2025,

the Company purchased a total of 1,109,845 shares at an average price of NOK

36.5607 per share, all purchased as ordinary market purchases on Euronext Oslo

Børs.

Overview of transactions:

+--------------------+-----------------+----------------+--------------------+

| | shares) | (NOK) | |

+--------------------+-----------------+----------------+--------------------+

| 31.10.2025 | 165,806 | 36.4211 | 6,038,837 |

+--------------------+-----------------+----------------+--------------------+

| 03.11.2025 | 169,922 | 36.6562 | 6,228,695 |

+--------------------+-----------------+----------------+--------------------+

| 04.11.2025 | 187,796 | 36.5500 | 6,863,944 |

+--------------------+-----------------+----------------+--------------------+

| 05.11.2025 | 194,379 | 36.4853 | 7,091,976 |

+--------------------+-----------------+----------------+--------------------+

| 06.11.2025 | 194,758 | 36.6686 | 7,141,503 |

+--------------------+-----------------+----------------+--------------------+

| 07.11.2025 | 197,184 | 36.5738 | 7,211,768 |

+--------------------+-----------------+----------------+--------------------+

| Previously | 0 | | |

+--------------------+-----------------+----------------+--------------------+

| Accumulated under | 1,109,845 | 36.5607 | 40,576,723 |

+--------------------+-----------------+----------------+--------------------+

The issuer's holding of own shares:

Following the completion of the above transactions, SATS owns a total of

3,802,369 of own shares, corresponding to 1.87% of SATS' share capital.

Appendix:

An overview of all transactions made under the buyback program that have been

carried out during the above-mentioned time period is attached to this report

and available at www.newsweb.no (http://www.newsweb.no/).

For further information, please contact:

Stine Klund, Investor Relations, phone: +47 986 99 259

This is information that SATS is obliged to make public pursuant to the EU

Market Abuse Regulation and subject to the disclosure requirements pursuant to

Section 5-12 of the Norwegian Securities Trading Act.

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