Reference is made to the stock exchange announcement made by SATS ASA ("SATS"
or the "Company") on 8 May 2025 of the launch of SATS' program to repurchase
up to 2 500 000 of the Company's shares in open market transactions for a
total amount of up to NOK 100 million during the period from 9 May 2025, until
no later than the Company's Annual General Meeting of 2026, pursuant to an
agreement with DNB Markets.
For the period from and including 9 May 2025, through 8 September 2025, the
Company purchased a total of 1 599 101 shares at an average price of NOK
35.5026 per share, all purchased as ordinary market purchases on Euronext Oslo
Børs.
Overview of transactions:
+--------------------+-----------------+----------------+--------------------+
| Date | Aggregate daily | Weighted | Total transactions |
| | volume (# of | average price | value |
| | shares) | (NOK) | |
+--------------------+-----------------+----------------+--------------------+
| 01.09.2025 | 94 849 | 36.7205 | 3 482 902.70 |
+--------------------+-----------------+----------------+--------------------+
| 02.09.2025 | 101 100 | 36.9565 | 3 736 302.15 |
+--------------------+-----------------+----------------+--------------------+
| 03.09.2025 | 101 423 | 36.7807 | 3 730 408.94 |
+--------------------+-----------------+----------------+--------------------+
| 04.09.2025 | 63 512 | 36.8566 | 2 340 836.38 |
+--------------------+-----------------+----------------+--------------------+
| 05.09.2025 | 104 374 | 37.3198 | 3 895 216.81 |
+--------------------+-----------------+----------------+--------------------+
| 08.09.2025 | 75 032 | 37.4980 | 2 813 549.94 |
+--------------------+-----------------+----------------+--------------------+
| Previously | 1 058 811 | 34.7305 | 36 773 073 |
| disclosed buybacks | | | |
| under the program | | | |
+--------------------+-----------------+----------------+--------------------+
| Accumulated under | 1 599 101 | 35.5026 | 56 772 290 |
| the buyback | | | |
| program | | | |
+--------------------+-----------------+----------------+--------------------+
The issuer's holding of own shares:
Following the completion of the above transactions, SATS owns a total of 1 918
452 of own shares, corresponding to 0.94% of SATS' share capital.
Appendix:
An overview of all transactions made under the buyback program that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no (http://www.newsweb.no/).
For further information, please contact:
Cecilie Elde, Chief Financial Officer, phone: +47 924 14 195
Stine Klund, Investor Relations, phone: +47 986 99 259
This is information that SATS is obliged to make public pursuant to the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.