Kongsberg Automotive

Board/Management Information • May 28, 2024

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 therese.skurdal@ka-group.com +47 982 14 059

Investor Relations contact: Mads Langaard – Head of Investor Relations mads.langaard@ka-group.com +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