NOK 2.5bn RCF termination date extended to 2028

07 Mar 2023 21:32 CET

Reference is made to Kongsberg Gruppen ASA’s (“KONGBERG's”) existing NOK 2.5
billion multi-currency revolving credit facility (“RCF”) signed 22 March 2022,
with a termination date of 22 March 2027.

KONGSBERG has on 7 March 2023 obtained confirmation from the facility’s agent
that all lenders have consented to KONGSBERG’s request to extend the facility
agreement by one year.

KONGSBERG’s request to extent the agreement was made through the utilization of
one of the extension options included in the agreement. The new termination date
for the RCF is 22 March 2028, accordingly.

Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that
supplies high-tech systems and solutions to customers in the energy, merchant,
navy and defence and aerospace industries. KONGSBERG has more than 12,000
employees in 40 countries and a total revenue of NOK 27.5bn in 2021.
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