Transactions carried out under the share buy-back program

30 Jan 2023 14:33 CET

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)
24 January 2023 218.918 2,60  569.209
25 January 2023 218.918 2,60  569.625
26 January 2023 218.918 2,60  568.224
27 January 2023 218.918 2,57  563.407
Total Purchased under the 102.610.392 2,54  260.784.338
Program (as of January 23,
2023)
Total Purchased under the 103.486.064 2,54  263.054.803
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
103.475.565 own shares, corresponding to 9.81% of Kongsberg Automotive's share
capital. With this, Kongsberg Automotive has completed the share buy-back
program as announced 13. May 2022.

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

More information:
Access the news on Oslo Bors NewsWeb site

580979_Release.pdf
580979_Trade_details.pdf