The SAS Group Traffic figures June 2013

• SAS Group’s capacity (ASK) was up by 3.8% and the Group’s traffic (RPK)
increased by 2.8%.
• The SAS Group’s load factor decreased by 0.8 p.u. to 79.5%.
• SAS Group carried 2.7 million passengers in June, up 1.6%.

Group market trends, RASK and yield development
The traffic continued to develop as expected with particularly strong
development on intercontinental and European routes. Currency adjusted yield
(Scandinavian Airlines) and RASK in May 2013 was down 1.3% and 4.7% respectively
versus previous year in line with guidance. In June 2013 the change in yield and
RASK vs. last year is expected to be close to unchanged.

Overall, the market develops according to SAS expectations. Following the launch
of SAS Go & Plus, SAS has had a positive sales development, indicating a
positive response amongst customers to the new service concept. Despite that
yield has been somewhat more stable during the first half of the 2012/13
financial year, the over capacity on certain routes adds uncertainty and the SAS
Group continues to expect a negative trend for the RASK for the full year
2012/13. Throughout the summer, SAS will commence flights on 32 new routes and
in total plans to open 52 new routes during calendar year 2013. The capacity
increase for the fiscal year 2012/13 is expected to be approximately 5-6%.