SBS 2003 Downgrade CAL
For channels other than VL (FPP, OEM, …), there’s no way to downgrade the SBS 2011 CALs. In this case, you can use the activation keys that were distributed by Microsoft to perform an online activation:
20 CAL keys
FGP6P-W4WXW-3T8BR-TC3QG-HQRQG
KJQBH-XJ6YQ-THYJY-PVDCP-87QT6
Q6D3G-M22TM-TQKM4-C7VKX-RBDT6
5 CAL keys
P9QYQ-YKC4G-B3YD6-MM9BT-327FQ
D2WC6-MCQ88-3CTTW-74YTB-XVFM3
RCFYC-X69X4-6FKDT-PWMM7-V33RQ