Update regarding government measures for Norwegian aviation

Norwegian Air Shuttle ASA (the “Company”) is pleased that the Norwegian government has announced a guarantee package of NOK 6 billion that will limit some of the damage to air transportation due to the Covid-19 pandemic. NOK 3 billion of the guarantee package will be allocated to Norwegian.   The Company has decided to retain financial and legal advisors with a view to evaluate and act upon the package with a goal to mitigate the current circumstances the Company is facing, and in order to ensure that the Company emerges with a sustainable financial platform, taking into account the best interest of all parties.