The SAS Group Traffic figures August 2012

SAS Group's August 2012 traffic figures

• The SAS Group’s load factor improved by 1.8 p.u. to 78.8% a record for August.

• SAS Group carried 2.3 million passengers in August, up 4.7%.

• SAS Group’s capacity (ASK) increased by 4.5% and the Group’s traffic (RPK)
increased by 6.9%.

Group market trends, RASK and yield development

Traffic growth was good on most routes during August and especially strong on
European routes as the Group increased its seasonal capacity to leisure
destinations during the summer.

Currency adjusted yield (SAS) in July was up by 4.1% versus previous year and
RASK was up 8.7% somewhat better than expected. For August 2012 both yield and
RASK (change vs last year) are expected to be positive.

The response to market campaigns is good and forward booking levels are well
above last year’s level. Overall, the market growth continues to be good, but
remains unpredictable due to added capacity in certain markets, risk in the
global economy and high jet fuel prices. This adds uncertainty to the yield and
RASK outlook going forward. The SAS Group plans to increase the capacity by
approximately 4-5% in 2012 vs 2011.