Norse Atlantic delivers 95% load factor and 10% passenger growth YoY for September

Issuer

Norse Atlantic ASA

Arendal, Norway, 6 October 2025 - In September, Norse Atlantic Airways recorded
a load factor of 95% across its operations, an increase of 6%-points compared to
September 2024.

(Comparable figures for the same month the previous year shown in brackets)

· 95% load factor across network and ACMI/Charter operations (89%)
· 95% load factor in own scheduled network (89%)
· 459 flights in own scheduled network (484)
· 66 ACMI/charter flights operated (29)
· 161,568 passengers transported (146,688) across network and ACMI/charter
operations, up 10% YoY
· 74% of the flights departed within 15 minutes of their scheduled departure
time (81%)
· On-time performance continues to be negatively impacted by Air Traffic
Control (ATC) delays and airport congestions

Bjørn Tore Larsen, CEO, Founder and major shareholder of Norse Atlantic,
comments:

"We continue to demonstrate the resilience of our business model and our ability
to match capacity with demand by steadily delivering load factors well above
90%. This is further validated by double-digit year-on-year passenger growth as
we steadily increase our ACMI operations according to plan. With this
foundation, Norse is well placed to deliver on our long- term strategy."

Investor contacts

Anders Hall Jomaas, CFO, [email protected]

This information is subject to disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

656655_2025_September_Norse_Atlantic_Airways_Traffic_Figures.pdf