KITRON ASA: PRIMARY INSIDER NOTIFICATION

25 Nov 2025 23:38 CET

(2025-11-25) Reference is made to the stock exchange announcement made by Kitron
ASA (the "Company") on 25 November 2025 regarding the successful private
placement (the "Private Placement") where the Company allocated 17,000,000 new
ordinary shares in the Company ("Offer Shares") at an offer price of NOK 57.25
per share (the "Offer Price").

In connection with the Private Placement, the following persons discharging
managerial responsibilities were allocated Offer Shares in the Private Placement
at the Offer Price, as set out below:

* Cathrin Nylander, CFO of the Company, was allocated 20,695 Offer Shares
* Peter Nilsson, CEO of the Company, was allocated 20,695 Offer Shares
* Petra Grandinson, board member of the Company, was allocated 10,347 Offer
Shares
* Malfrid Brath, board member of the Company, was allocated 10,347 Offer
Shares
* Gyrid Skalleberg Ingerø, board member of the Company, was allocated 10,347
Offer Shares

Please find the enclosed primary insider notification forms for further
information.

For further information, please contact:
Peter Nilsson, President and CEO, tel.: +47 948 40 850
Cathrin Nylander, CFO, tel.: +47 900 43 284
Email: investorrelations@kitron.com (mailto:investorrelations@kitron.com)

About Kitron

Kitron is a leading Scandinavian electronics manufacturing services company for
the Connectivity, Electrification, Industry, Medical devices and
Defence/Aerospace sectors. The group has operations located in Norway, Sweden,
Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China
and the United States. Kitron has about 2 400 employees, and revenues were EUR
647 million in 2024.

www.kitron.com (http://www.kitron.com)

This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation (EU) 596/2014 (MAR) article 19 number and section 5-12
of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

660558_KRT1500 KIT Private Placement.pdf