Transactions carried out under the share buy-back program for KONGSBERG related to the employee share program

11 Apr 2023 08:50 CEST

As announced 17 January 2023 and 29 March 2023 KONGSBERG will purchase up to
MNOK 320 of own shares related to the employee share program.

+-------------------+------------------+-------------------+-------------------+
| Date | Aggregated daily | Weighted | Total |
| | volume | average price | transaction value |
| | (# of shares) | (NOK) | (NOK) |
+-------------------+------------------+-------------------+-------------------+
| 03/30/2023 | 16 000 | NOK 424.58 | NOK 6 793 285 |
+-------------------+------------------+-------------------+-------------------+
| 03/31/2023 | 16 000 | NOK 424.30 | NOK 6 788 970 |
+-------------------+------------------+-------------------+-------------------+
| 04/03/2023 | 16 000 | NOK 428.49 | NOK 6 855 768 |
+-------------------+------------------+-------------------+-------------------+
| 04/04/2023 | 16 000 | NOK 431.01 | NOK 6 896 139 |
+-------------------+------------------+-------------------+-------------------+
| 04/05/2023 | 16 000 | NOK 429.02 | NOK 3 432 148 |
+-------------------+------------------+-------------------+-------------------+
| Total earlier | 0 | - | - |
| announced | | | |
| buy-back under | | | |
| the program | | | |
+-------------------+------------------+-------------------+-------------------+
| Total purchased | 72 000 | NOK 427.31 | NOK 30 766 210 |
| under the program | | | |
+-------------------+------------------+-------------------+-------------------+

See the attached document for information about the individual transaction made
under the employee share program.

After the above-mentioned transactions KONGSBERG owns a total of 807,834 own
shares, corresponding to 0.46% of KONGSBERG's share capital. Out of these
695,555 shares are related to the buy-back of shares for cancelation where the
cancelation of shares will have to be approved by the General Meeting on 11 May
2023.

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 39 countries and had total revenues of NOK 31.8bn in 2022.
Follow us on: kongsberg.com, Facebook, Twitter and LinkedIn

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587304_Trade details.pdf