On 9 February 2021, SAS AB published its notice convening the Annual General Meeting to take place on 17 March 2021. In the notice, the Nomination Committee informed that it proposes re-election of six Board members and new election of two Board members.

After the notice convening the Annual General Meeting was published, the Nomination Committee has decided to propose Michael Friisdahl, born 1962, as new Board member of SAS AB, after the Nomination Committee was informed by the current Board member Dag Mejdell that he due to another assignment is no longer available for re-election as Board member of SAS AB.

Michael Friisdahl, is the President and Chief Executive Officer of Maple Leaf Sports & Entertainment(MLSE), a sports and entertainment company based in Toronto, Canada. Prior to joining MLSE, Michael Friisdahl served as President and Chief Executive Officer of Air Canada Leisure Group where he led the launch of Air Canada rouge. Before that, Michael Friisdahl held several leading positions at Thomas Cook North America and was partner and President and Chief Executive Officer of The Holiday Network.

Michael Friisdahl currently serves on the Board for the Hospital for SickKids in Toronto and as Campaign Cabinet Chair for the Scarborough Health Network Foundation $100M fundraising campaign.

In view of that the Nomination Committee’s revised proposal to instead of Dag Mejdell propose Michael Friisdahl as new Board member of SAS AB, an updated postal voting form is available at the company’s website www.sasgroup.net (under “About SAS/Corporate Governance”). Postal votes submitted on the previous postal voting form will, in respect of Dag Mejdell, not be considered in the count of votes. Shareholders who have submitted votes on the previous postal voting form are welcome to submit their votes again by using the updated postal voting form.

As previously has been communicated, due to the COVID-19 pandemic and in order to reduce the risk of spreading the virus, the Board has decided for the Annual General Meeting to be held without physical presence of shareholders, representatives and third parties, and that shareholders shall have the possibility to exercise their voting rights only through advance voting (postal voting).