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Dividend to creditors affected by the financial restructuring

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Dividend to creditors affected by the financial restructuring

Reference is made to the stock exchange announcements of 26 May 2021 regarding the exit from the Irish examinership (the "Examinership") and Norwegian reconstruction (the "Reconstruction") processes for the Company and certain of its related Irish companies and the implementation of the proposed schemes of arrangement related to the Examinership and a restructuring plan related to the Reconstruction (as further set out therein and together the “Restructuring Proposal”).

 

Pursuant to the Restructuring Proposal certain creditors of the Company are entitled to receive a dividend in respect of any valid claim towards Norwegian. Such dividend will consist of a cash element and a dividend claim element (together the “Dividend”) and be delivered in full and final satisfaction of such creditors’ original claims.

 

The Company has implemented an online portal related to the Dividends where relevant creditors may log in to provide bank account details required for any payments in respect of the respective creditor’s Dividend, obtain information about their Dividend and otherwise make certain elections with respect to their Dividend (such portal, the “Dividend Portal”).

 

All creditors entitled to a Dividend should receive an email with a “Claim Reference Code” required to log in on the Dividend Portal. If you are a relevant creditor and have not received an email with this information within 23 June 2021, please click the below link and follow the instructions therein for requesting a “Claim Reference Code”. Note that certain selections will need to be made in the Dividend Portal by no later than 22 July 2021. After such date certain selections will no longer be available.

 

The Dividend Platform can be accessed by clicking the following link: https://dividends.norwegian.com/

 

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Press Office details

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Marketing/sponsorhip requests: marketing@norwegian.com

Marketing/sponsorhip requests: marketing@norwegian.com

Press contact Marketing/sponsorship requests: marketing@norwegian.com

Norwegian.com

Norwegian is the largest Norwegian airline and one of Europe’s leading low-cost carriers. The company has around 4,500 employees and offers a comprehensive route network between Nordic countries and destinations in Europe. Since 2002, more than 300 million passengers have flown with Norwegian. The most important task has been to offer affordable plane tickets to all and to offer more freedom of choice along the journey.

Norwegian is a driving force for sustainable solutions and the transformation of the aviation industry. The company’s goal is to reduce its CO2 emissions by 45 percent within 2030. To this means, the company is renewing its fleet, promoting sustainable aviation fuel, reducing its waste, and using wind and weather data to calculate the most efficient fuel-saving flights routes. Norwegian wants to become the sustainable choice for its passengers.

Norwegian