· After supporting Norse's management in assessing strategic options for the
company, Seabury will focus on supporting the company in the execution of some
of those options as Investment Banker.
  · The agreement marks an important step in the future strategy of Norse
Atlantic Airways.

As announced in November 2023, Seabury Securities (Seabury), was appointed as
strategic advisor to explore and guide the airline's future strategic direction.
After completion of the initial phase of this process, Norse Atlantic is pleased
to announce that the company will now engage Seabury as investment banker to
execute some of Norse's strategic initiatives including developing strategic
partnerships with an existing airline which may include a material ownership
stake.

"The first phase of the strategic review conducted by Seabury is now complete,
 I am pleased that we are now progressing to the next phase with the aim to
conclude on opportunities that will ultimately benefit our customers,
shareholders and employees," said Bjorn Tore Larsen, CEO and Founder Norse
Atlantic Airways.

Philip Allport
Senior Vice President Communications
media@flynorse.com

Norse Atlantic Airways is an airline that offers affordable fares on long-haul
flights, primarily between Europe and the United States. The company was founded
by CEO and major shareholder Bjørn Tore Larsen in March 2021. Norse has a fleet
of 15 modern, fuel-efficient and more environmentally friendly Boeing 787
Dreamliners that serve destinations including New York, Los Angeles, Orlando,
Jamaica, Barbados, Bangkok, Miami, Oslo, Athens, London, Berlin, Rome and Paris.
The company's first flight took off from Oslo to New York on June 14, 2022.

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