Kongsberg Automotive

Kongsberg Automotive appoints Christian Johansson as CFO

Kongsberg, May 28, 2024: Kongsberg Automotive (KA) has appointed Christian

Johansson as new CFO, effective June 3, 2024. He succeeds Frank Heffter, who has

decided to leave KA to pursue opportunities outside the organization.

Johansson has over 30 years of extensive international experience in global

industrial and automotive companies, including over a decade-long senior

leadership role at Volvo Group as the CFO of Volvo Trucks.

Johansson is currently the interim Group CFO of Colmec Group and recently served

as Group CFO for Lantmännen, SKF Group, and Gunnebo. He holds an MBA from

Stockholm University and an AMP from INSEAD.

"Johansson has an impressive background, both in the supplier as well as the

Original Equipment Manufacturer (OEM) side of the automotive industry and has a

proven track record of driving business improvement and profitable growth," says

Linda Nyquist-Evenrud, KA's President & CEO, adding, "I am proud to welcome

Johansson as KA`s CFO and I am confident that his ability to translate financial

insights into strategies will be valuable for KA's continued success."

"I am honored to be appointed as the new CFO of KA, a company that has a rich

history and values common to my own-quality, innovation, and safety," says

Johansson. "I look forward to working with KA's multicultural global team in

driving transformative change, fostering profitable growth, and strengthening

organizational efficiency at a global scale."

KA thanks Frank Heffter for his contributions to the company and wishes him all

the best.

Media and communications contact:

Therese Sjöborg Skurdal - Director Corporate Communications

+47 982 14 059

Investor Relations contact:

Mads Langaard - Head of Investor Relations

+47 905 81 264

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 (https://www.kongsbergautomotive.com/)

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