SAS reaches agreement with Swedish pilots’ union and the pilot strike in Sweden is called off

Negotiations between SAS and the Swedish pilot union SPF are now concluded. The
parties have agreed on a new collective bargaining agreement and all flights in
Sweden will resume as soon as possible.
SAS has been in negotiations with the Swedish pilot union (SPF) since the middle
of April. After a pilot strike that commenced on Friday, the parties today
reached an agreement and the strike is called off. The pilots will resume work
and the air traffic is expected to normalize during the next days.

-       It has been a difficult process and we are relieved that the strike is
called off and that our customers can take their flights as planned. I deeply
regret that so many customers have been affected by this strike, says Rickard
Gustafson, President and CEO of SAS.

The strike has until today resulted in about 1,000 cancelled flights and a total
of 100,000 passengers affected by the disrupted traffic. The financial effects
from the strike are yet too early to quantify.

The new agreement between SAS and SPF are affective from 1 April 2016 and is
valid for one year. SAS has also reached new agreements with the Norwegian
pilots unions and consequently, this year’s negotiations with pilot unions are
concluded.