Norwegian Air Shuttle ASA (NAS) – Completion of share buy-back

Reference is made to the stock exchange announcement published by Norwegian Air Shuttle ASA on 17 November 2025 where it was announced that Norwegian had engaged DNB Carnegie, a part of DNB Bank ASA, to conduct a buy-back of own shares in conjunction with the company’s share savings plan and the long-term incentive programme (LTI) option plan for executive management.

The buy-back programme comprised a purchase of up to 3,000,000 of Norwegian shares in the period of 17 November 2025 to 28 November 2025.

Aggregated overview of transactions:

Date / Aggregated daily volume / VWAP (NOK) / Transaction value (NOK) 24/11/2025 / 300,000 / 16.1812 / 4,854,360 25/11/2025 / 300,000 / 16.7209 / 5,016,270 26/11/2025 / 300,000 / 17.2406 / 5,172,180 27/11/2025 / 300,000 / 17.2826 / 5,184,780 28/11/2025 / 300,000 / 17.1466 / 5,143,980

Aggregated volume / VWAP (NOK) / Transaction value (NOK) Previously disclosed buy-back in programme: 1,500,000 / 15.3299 / 22,994,850 Accumulated buy-back in programme: 3,000,000 / 16.1221 / 48,366,420

The share buy-back has now been completed. The company now holds 3,001,685 treasury shares, corresponding to 0.28 percent of total issued share capital.

For further information, please contact, Jesper M. Hatletveit, Investor Relations: Tel: +47 906 64 401 Email: jesper.hatletveit@norwegian.com

Fornebu, 28 November 2025 Norwegian Air Shuttle ASA