Reference is made to the stock exchange announcement by Flyr AS (the "Company") on 16 November 2022 regarding the extraordinary general meeting's approval of the private placement of 25,000,000,000 new shares (the "Private Placement").

The share capital increase pertaining to the Private Placement was registered with the Norwegian Register of Business Enterprises today. After this, the Company's new registered share capital is NOK 51,266,039.334 divided on 25,633,019,667 shares, each with a nominal value of NOK 0.002.

For further information, please contact:

Brede Huser, Chief Financial Officer

Email: brede.huser@flyr.com

About Flyr

Flyr is a low-cost carrier (LCC) with a demand driven and sustainable business model, with focus on serving the Norwegian market with domestic and international flights from its base at Oslo Airport. Flyr AS is listed at Euronext Growth under the ticker FLYR. To learn more, please visit www.flyr.com.

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