Kongsberg Automotive appoints Thomas Danbolt as Executive Vice President of Flow Control Systems business area

11 Jun 2025 08:00 CEST

Kongsberg, 11 June, 2025: Kongsberg Automotive (KA) is pleased to announce the
appointment of Thomas Danbolt as Executive Vice President (EVP) of the Flow
Control Systems (FCS) business area (BA). Thomas starts no later than October 1,
2025, and will be based at KA's Raufoss facility, Norway.

Thomas brings prior valuable experience from KA as Plant Manager at the key
Raufoss facility. He has held various leadership positions in Nammo and
currently serves as the Managing Director at Saferoad Traffic.

Thomas has a proven track record in change management, organizational
development, and profitability improvement. He holds a Bachelor's Degree in
Electrical Engineering from Gjovik University College and is a graduate of the
Norwegian Military Academy.

"Thomas has demonstrated leadership capabilities that align with KA's culture
and values. His ability to build strong teams and deliver financial results,
combined with his previous experience at KA, makes him an excellent candidate to
lead the FCS BA. I am confident that his commitment and vision will
significantly contribute to improving financial performance and help KA achieve
its long-term goals," says Trond Fiskum, KA's President & CEO.

Thomas will start as soon as possible after fulfilling his existing obligations
under his current employment contract. As previously announced, David Berne is
currently serving as interim EVP FCS and will continue in this role until Thomas
takes office.

Investor relations and media contacts:
investor.relations@ka-group.com

Therese Sjöborg Skurdal - Director Group Marketing & 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: http://www.kongsbergautomotive.com

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