SAS: Year-End Report November 2013–October 2014

Regulatory News:

SAS Group: (STO:SAS)(OSE:SASNOK)

Comparative figures include Widerøe for the August to September 2013 period.

• Income before tax and nonrecurring items: MSEK 789 (601)
• Revenue: MSEK 10,966 (11,059) · Unit revenue (PASK) declined 0.1%
• Unit cost (CASK) decreased 1.1% · EBIT margin: -2.3% (16.5%)
• Income before tax: MSEK -450 (1,568) · Net income for the period: MSEK -303 (1,465)
• Earnings per common share: SEK -1.21 (4.45)
• The outlook for the full year 2014/2015 is presented on page 8
• The Board proposes that no dividend be paid to holders of SAS AB’s common shares for the 2013/2014 fiscal year
• The Board proposes a dividend of SEK 50 per preference share to holders of preference shares

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 December 18, 2014, at 8:00 a.m.

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