KONGSBERG enter into agreement for purchase of own shares for employee share program

22 Jan 2025 11:10 CET

KONGSBERG has mandated DNB Markets to purchase shares with a value up to MNOK
360. The mandate is related to the share program for employees. Pursuant to the
mandate agreement, DNB Markets will start the purchasing of shares to this
program on or about 9 May 2025 and until 10 June 2025. If volumes defined by the
safe harbor regulations are too low for the program to be completed within this
time period, the time period will be extended by 30 days, but in no case exceed
the time limit set out in the power of attorney granted. The total amount will
be determined based on the total commitment from the employees but will not
exceed MNOK 360. The shares will be transferred to the employees who have chosen
to participate in the program immediately after the purchase has been completed.


DNB Markets will make its own decisions related to the purchase of the shares
independently of, and without influence from the company with regard to the
timing of purchase.

The shares will be purchased in accordance with the applicable securities law
and regulations, as well as the effective power of attorney related to purchase
of own shares granted by the company’s general assembly.

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 14,000
employees in 39 countries and had total revenues of NOK 40.6bn in 2023. Follow
us on: kongsberg.com, Facebook, Twitter and LinkedIn

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