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 October 23, 2020

NOTICE REGARDING REGISTRATION FORM FOR DISTRIBUTION OF CVNS UNDER SAS AB (PUBL)’S PLAN OF REORGANIZATION

The record date on which a person must have been a Holder to receive CVNs was 15 August 2024 and the deadline to submit the CVN Registration Form is expected to be late August (exact date to be communicated by means of a new notice).

For the purpose of facilitating for Holders and custodians/nominees, the Issuer has designated the following phone number for any practical questions regarding how to complete the CVN Registration Form: +46 709 777 090. Any Holder and/or custodian/nominee who have questions relating to the CVNs and/or the CVN Registration Form are advised to call such number for oral guidance. Questions relating to the CVNs or how to complete the CVN Registration Form may also be submitted to the following email address SAS_CVN@sas.se.

As the deadline to submit the CVN Registration Form is expected to be late August we urge all Noteholders to immediately take action and fill out the CVN Registration Form. If no action is taken there is a risk that you will not be able to receive the CVNs and consequently not getting the expected recovery.

So if you have any questions on how to fill out the CVN registration Form, please call +46 709 777 090 or send email to SAS_CVN@sas.se (It is possible to communicate in Swedish, both via phone and email. Det är möjligt att kommunicera på svenska, både via telefon och email)