Norse Atlantic with continued strong unit revenue growth and adjusted capacity in May

Arendal, Norway, 8 June 2026 - In May, Norse Atlantic Airways ("Norse" or "the Company") delivered total unit revenue in its own network (TRASK) of 5.4 US cents per available seat kilometer, an increase of 20% compared to the same month in 2025. Norse has been proactive in reducing loss making routes due to the elevated fuel prices with total available capacity down 29% year-over-year. The Norse product remains attractive with a total load factor of 97%, up nearly 2 percentage points year-over-year.

Eivind Roald, the CEO of Norse Atlantic, comments:

"May saw another material year-over-year improvement in unit revenues, reflecting continued strong demand for our direct long-haul transatlantic routes and the attractive Norse product. We are filling our adjusted capacity at higher average fares with a load factor above 93% in our own network. Aircraft utilization also remained high across ACMI/charter operations, demonstrating the strength of our balanced business model. Despite ongoing geopolitical uncertainty affecting the aviation industry, we continue to adapt capacity to demand and enter the important summer season with a positive commercial momentum."

(May traffic figures. Comparable figures for year-ago period shown in brackets)

· 97.4% load factor across network and ACMI/Charter operations (95.5%) · Total revenue per available seat kilometer in own network (TRASK) of 5.4 US cents, up 20% from 4.5 US cents · 157 flights in own scheduled network (520) · 256 ACMI/charter flights operated (64) · 104,234 passengers transported (182,854) across network and ACMI/charter operations, down 43% YoY · Norse Atlantic completed 100% of scheduled flights in the Month (100%) · 78% of flights in own network departed within 15 minutes of scheduled departure time (81%) · On-time performance was negatively impacted by continued Air Traffic Control (ATC) delays, airport congestion and travel disruptions as a knock-on effect from the Middle East conflict

Investor contact: Anders Hall Jomaas, CFO anders.jomaas@flynorse.com Media contact: Bård Nordhagen, CCCO baard.nordhagen@flynorse.com

About Norse Atlantic ASA

Norse Atlantic Airways is an airline committed to offering affordable fares on direct, long-haul flights to popular destinations, along with specialized charter and ACMI services for tailored travel needs and extensive cargo operations. Norse Atlantic operates a modern fleet of 12 fuel-efficient Boeing 787 Dreamliners, serving a network of destinations across North America, Europe, Africa and Asia.

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