12 June 2024
To Holders of the SEK 1,615,000,000 unsubordinated perpetual floating rate callable capital securities with ISIN SE0014957999 (the “Hybrid Instruments”) issued by SAS AB (publ) (“SAS” or the “Issuer”) on 23 October 2020.
By decision of the Stockholm District Court on March 27, 2024 in case no. Ä 5580-24, the Issuer has initiated a company reorganization pursuant to the Swedish Company Reorganization Act (2022:964) (Sw. lag (2022:964) om företagsrekonstruktion). The order was confirmed by the District Court through a decision announced during the creditors’ meeting on April 17, 2024. A plan hearing will be requested shortly after the publication of this reorganization plan (the publication was made on the date on which the Issuer published a press release to which this reorganization plan was appended).
Due to the large number of pages, the Plan is not enclosed to this Notice but it is available on the website of the Issuer https://www.sasgroup.net/investor-relations/accelerating-sas-forward/transformation-plan-en/