Kongsberg Automotive- Notice of Extraordinary General Meeting

29 Nov 2024 12:16 CET

Kongsberg, November 29, 2024: Kongsberg Automotive ASA (KA) will hold an
Extraordinary General Meeting on December 20, 2024, at 10:00 (CET). The Notice
for the Extraordinary General Meeting with appendices is attached, and will also
be made available on the company's website: http://www.kongsbergautomotive.com

The meeting will be conducted digitally. Further information about digital
attendance is included in the Notice of Extraordinary General Meeting.

The shareholders propose that the following individuals be elected as new
members of the Board:
Olav Volldal (Chair of the Bord of Directors): Olav Volldal was KA's first
President & CEO, a position he held for 25 years. Volldal brings extensive
experience from the automotive industry and holds deep knowledge of the company
and its core business, representing an important reconnection to the company's
Norwegian roots. In addition to his executive career, he has held several board
positions.

Bård Klungseth: Bård Klungseth was the former COO of KA and holds 17 years of
experience with the company. Klungseth brings wide knowledge and experience from
the automotive industry and currently serves as the CEO of DEFA Group.

Synnøve Gjønnes: Synnøve Gjønnes is a financial adviser with more than 10 years
of experience in equity analysis, corporate finance and portfolio management.
Gjønnes served as a portfolio manager at KLP and was a member was also a member
of KA's Nomination Committee (2019-2022).

The following Board members, elected in 2023, are proposed to continue in their
roles as directors:

· Brian Kristoffersen
· Junyang Shao

The shareholders have proposed the election of the following individuals as new
members of the Nomination Committee:

· Arild Christoffersen (Chair of the Nomination Committee)
· Endre Koldbjørnsen (member)

The following member of the Nomination Committee, elected in 2023, is proposed
to continue in his role:

· Tore Vik (member)


This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

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

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  (http://www.kongsbergautomotive.com)

More information:
Access the news on Oslo Bors NewsWeb site

633514_Appendix_1_and_2_KOA_EGM_notice_2024.pdf
633514_Release.pdf
633514_29_11_24_KOA_Notice_to_EGM.pdf
633514_Vedlegg_1_og_2_KOA_EGM_notice_2024.pdf