Norse Atlantic entering into USD 20 million bank overdraft facility

Arendal, Norway, 16 June 2025 - Norse Atlantic ASA has entered into a USD 20 million bank overdraft facility with Nordea Bank Abp with maturity date 30 April 2026. The facility is guaranteed by B T Larsen & Co Limited, a company controlled by Norse Atlantic’s CEO, Founder and largest shareholder Bjørn Tore Larsen. The guarantee replaces the previously provided USD 6.3 million revolving credit facility, which remains undrawn.

Investor contacts: Anders Hall Jomaas, CFO, [email protected]