Kongsberg Maritime ASA Publication of prospectus in connection with separate listing on Euronext Oslo Børs

16 Apr 2026 13:35 CEST

16 April 2026 -- Reference is made to the stock exchange announcement
published by Kongsberg Gruppen ASA ("KOG ASA") on 30 October 2025, regarding
the demerger and separate listing of the Kongsberg Maritime business area (the
"KM Business") on Euronext Oslo Børs. Reference is also made to the stock
exchange announcements published by KOG ASA on 17 December 2025 and 22 January
2026, regarding, respectively, the signing and general meeting approval of the
demerger plan between KOG ASA and Kongsberg Maritime ASA ("KM ASA"), which
will become the new listed parent company of the KM Business. Reference is
further made to the stock exchange announcement published on 13 April 2026,
regarding Euronext Oslo Børs' receipt of KM ASA's application for the listing
of the company's shares on Euronext Oslo Børs.

In connection with the listing, KM ASA has prepared a prospectus which has now
been approved by the Financial Supervisory Authority of Norway (the
"Prospectus"). The Prospectus has been made available on KM ASA's website,
https://www.kongsberg.com/maritime/news-and-events/events/approval-and-publicati
on-of-prospectus-in-connection-with-separate-listing-on-euronext-oslo-bors/.

Through the demerger, KOG ASA's assets, rights, and liabilities primarily
related to the KM Business will be transferred to KM ASA, while the remaining
assets, rights and liabilities will remain in KOG ASA. As demerger
consideration, the shareholders of KOG ASA as of the date of completion of the
demerger will receive new shares in KM ASA, where each share in KOG ASA
entitles the holder to receive one share in KM ASA. Consequently, the
shareholder structure in KM ASA will mirror that of KOG ASA immediately
following completion of the demerger.

The timeline for the demerger and listing is as follows:

* Last day of trading for the KOG ASA share with the right to receive KM ASA
shares: 22 April 2026
* Completion of the demerger by registration in the Norwegian Register of
Business Enterprises: 22 April 2026
* First trading day for the KOG share without the right to shares in KM ASA:
23 April 2026
* First trading day for KM ASA's shares on Euronext Oslo Børs: 23 April 2026

The shares in KM ASA will have ISIN NO 0013697029, and trade under the ticker
"KMAR" on Euronext Oslo Børs.

About Us
Kongsberg Maritime is a global leader in maritime technology

We deliver advanced solutions to merchant, offshore, fishing, and naval
vessels, setting new standards for safe, efficient, and sustainable operations
- both for new builds and existing fleets. In close collaboration with
customers and research environments, we develop technology that solves real
challenges at sea.

Today, over 30,000 vessels operate with our systems on board.

Kongsberg Maritime has over 8,300 employees in 35 countries.

This information is subject to the disclosure requirements pursuant to section
5 -12 of the Norwegian Securities Trading Act and Euronext Oslo Rule Book II -
Issuer Rules, at 2026-04-16 13:35 CEST.

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