NORWEGIAN AIR SHUTTL

NAS
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NAS: Shareholder Disclosure Notification

06/30/2022 | 02:39am

Pursuant to Section 4-3 of the Norwegian Securities Trading Act and the
Securities Trading Act Regulations, we hereby disclose the following
information.

Funds managed by Silver Point Capital, L.P. have on 28 June 2022 sold 1,085,000
shares in Norwegian Air Shuttle ASA (the "Company"), following which funds
managed by Silver Point Capital, L.P. owned 46,049,500 shares in the Company,
equal to approximately 4.952 percent of the total outstanding number of shares
of the Company.

Silver Point Capital, L.P is the disclosing party on an aggregated level. The
shares and voting rights are effectively held by the following funds managed by
Silver Point Capital, L.P . or its affiliates[1]:
o Silver Point Capital Fund, L.P.
o Silver Point Capital Offshore Master Fund, L.P.
o Silver Point Distressed Opportunities Fund, L.P. (the "Distressed
Opportunities Fund
")
o Silver Point Distressed Opportunities Offshore Master Fund, L.P. (the
"Distressed Opportunities Offshore Fund")
o Silver Point Distressed Opportunities Institutional Partners, L.P. (the
"Distressed Opportunities Institutional Fund")
o Silver Point Distressed Opportunities Institutional Partners Master Fund
(Offshore), L.P.
(the "Distressed Opportunities Institutional Offshore Fund")

This notification is made pursuant to Section 4-2 of the Norwegian Securities
Trading Act.

[1] Silver Point Distressed Opportunities Management, LLC ("Distressed
Opportunities Management") is the investment manager of the Distressed
Opportunities Fund
, the Distressed Opportunities Offshore Fund, the Distressed
Opportunities Institutional Fund
and the Distressed Opportunities Institutional
Offshore Fund
(collectively, the "Distressed Funds") and by virtue of such
status may be deemed to be the beneficial owner of the securities held by the
Distressed Funds. Silver Point Capital, L.P. is the sole owner of Distressed
Opportunities Management.


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