Communications policy and Communications strategy of Atlantic Airways P/F Communications policy It is Atlantic Airways’ aim to operate with an open, forthcoming and dialogical approach to communications with all stakeholders. Our communication is meant to address the interests and information needs of relevant stakeholders and ensure that updated and transparent information concerning developments in the company is made available to investors and other stakeholders, and published in accordance with applicable rules and regulations. Our communication shall additionally enable Atlantic Airways to stay aligned with shareholder interests, and enable their voice to be heard. Our communication policy will be enacted through ongoing communication activities that support Atlantic Airways’ strategic and business objectives, and to be focused both internally and externally. Internal communication Key information of concern internally to employees is to be published no later than at the same time as it is made public. Additionally, internal communication is sought to be communicated in a uniform and simultaneously manner. Furthermore, our internal communication must also allow for effective and direct relations between managers and employees in daily operations to promote ongoing internal dialogue. External communication In accordance with our stakeholder policy we have identified the company’s main stakeholders, and engage or communicate with these on an ongoing basis in line with both our stakeholder policy and our communication policy. The communication channels, activities and tools used by Atlantic Airways may vary according to the specific issue as well as type of stakeholder, but we seek to engage proactively and openly with all stakeholders where it is possible and relevant. Furthermore, in regard to our investor relations, we seek to provide a continuous and transparent line of information, which may increase likelihood that the valuation of Atlantic Airways’ shares reflects the company’s situation and expectations adequately. As a listed company Atlantic Airways is obliged to ensure that everybody gains equal access to important information about Atlantic Airways that may impact significantly on the price of the Atlantic Airways share. Such information is discloused through Nasdaq Omx Iceland and Nasdaq Omx Copenhagen as company announcement. Communications strategy Atlantic Airways will continuously seek to engage in an open dialogue with its key stakeholders. The aim of Atlantic Airways’ communication efforts include: • Signal Atlantic Airways’ strategy, business model, vision and mission • Support Atlantic Airways’ business objectives • Build strong and preferred airline brand reputation • Attract and retain qualified staff • Increase or broaden investor awareness and increase analyst coverage • Seek to ensure a liquid market for the company’s share • Potentially increase awareness in new markets These communication aims may be supported through a range of media and activities, and will when relevant be planned and communicated coherently on an ongoing, focused basis.