STRONG EARNINGS IN PEAK SEASONS

• Revenue: MSEK 13,146 (12,210)
• Earnings before tax and nonrecurring items: MSEK 1,978 (1,863)
• EBT: MSEK 2,004 (1,973)
• Net income for the period: MSEK 1,546 (1,535)
• Return on invested capital (ROIC), LTM: 13% (13%)
• Earnings per common share SEK 3.97 (4.39)
• Outlook for 2017/2018 is upgraded to around SEK 2 billion (page 10)

This is one of the strongest results in SAS' history, despite increasing jet fuel costs and operational challenges. I apologize to affected passengers for any inconveniencies and would like to thank our employees for their dedication to our customers.

Refer to full documentation in the attachments box below.