SAS Annual Report 2014/2015

At a Board meeting of SAS AB, the November 2014 – October 2015 annual report for
SAS and its parent company SAS AB was presented and approved.

The annual report is now available on the internet, www.sasgroup.net under
Investor Relations, and will be printed and distributed to shareholders who have
notified their interest to receive a copy via SAS website.

The annual report includes an updated dividend policy. Dividends to holders of
common shares can be paid from value-creation whereby SAS’s return on invested
capital exceeds the average cost of capital. The dividend should take into
account any restrictions applying to the Group’s financial instruments.

SAS is to pay dividends to holders of preferences shares of SEK 50 per year,
with quarterly payments of SEK 12.50 per preference share in accordance with the
terms and conditions with the issue of the preference shares. Apart from this,
the annual report does not contain any new substantial information which has not
already been disclosed in SAS’s year-end report for 2014/2015 or via separate
press releases.

Annual general meeting 2016

The annual general meeting in SAS AB will take place on 8 March 2016 at 3pm. at
SAS’s head office , Frösundaviks allé 1, Solna. See the notice convening the
annual general meeting which was published on 2 February 2016 for further
information.

For further information, please contact:

SAS pressjour, tel +46 8 797 2944

SAS Investor Relations

SAS discloses this information pursuant to the Swedish Securities Market Act
and/or the Swedish Financial Instruments Trading Act. The information was
provided for publication on 12 February 2016, at 08.00 a.m. CET.