Kongsberg Automotive's Capital Markets Day 2024

13 May 2024 12:55 CEST

Kongsberg, May 13, 2024: Kongsberg Automotive (KA) is hosting its Capital
Market's Day today at 13:00 (CET).

Key highlights:

· Long-term financial ambitions 2028 of revenues above EUR 1.0 bn and EBIT
margin at or above 8.5%
· Reestablishment of Kongsberg, Norway as the headquarters
· Continued focus to achieve 100% renewable energy in all sites by 2030 and
carbon neutral products by 2039
· High focus on innovation and improvement
· Strategic aim to become a technology and market leader within our core
business areas

KA's Capital Market's Day 2024 presentation is enclosed and available on KA's
website.

Media and communications contact:
Therese Sjöborg Skurdal - Director Corporate Communications
therese.skurdal@ka-group.com
+47 982 14 059

Investor Relations contact:
Mads Langaard - Head of Investor Relations
mads.langaard@ka-group.com
+47 905 81 264

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/)

More information:
Access the news on Oslo Bors NewsWeb site

618415_KA_CMD_2024.pdf
618415_Release.pdf