23 Jan 2023 17:12 CET

Issuer

Kongsberg Automotive ASA

As announced May 13, 2022 Kongsberg Automotive ASA put in place a non
-discretionary agreement with Danske Bank for the repurchase of Kongsberg
Automotive shares for up to 10% of its outstanding shares in the market. The
share repurchases started May 19, 2022.

Date Aggregated Daily Weighted Total
Volume (# of Average Price Transaction
Shares) (NOK) Value(NOK)
17 January 2023 582.324 2,59  1.505.948
18 January 2023 584.583 2,55  1.488.407
19 January 2023 594.980 2,53  1.506.013
20 January 2023 567.469 2,56  1.454.934
23 January 2023 586.933 2,58  1.511.587
Total Purchased under the 99.694.103 2,54 253.317.449
Program (as of January 16,
2023)
Total Purchased under the 102.610.392 2,54  260.784.338
Program (as of January 23,
2023)

See the attached document for information about the individual transaction made
under the buy-back program.

Kongsberg Automotive will seek approval from the 2023 Annual General Meeting for
cancellation of the repurchased shares. For further information regarding the
share buy-back program, please see the stock exchange notifications from May 13,
2021.
The buyback program is carried out in accordance with the Market Abuse
Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No
2016/1052 ("Safe Harbour Regulation").

After the above-mentioned transactions Kongsberg Automotive owns a total of
102.599.893 own shares, corresponding to 9.73% of Kongsberg Automotive's share
capital.

About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle
industry. We drive the global transition to sustainable mobility by putting
engineering, sustainability, and innovation into practice. Our product portfolio
includes driver and motion control systems, fluid assemblies, and industrial
driver interface products. Find more information
at: kongsbergautomotive.com (https://www.kongsbergautomotive.com/)

Media and investor relations:
Mads Langaard
mads.langaard@ka-group.com
+47 905 81 264


580578_Trade_details.pdf
580578_Release.pdf

Source

Kongsberg Automotive ASA

Provider

Oslo Børs Newspoint

Company Name

KONGSBERG AUTOMOTIVE

ISIN

NO0003033102

Symbol

KOA

Market

Oslo Børs