Kongsberg Gruppen

Transaction in Own Shares • May 22, 2024

Transactions carried out under the share buy-back program for KONGSBERG related to the employee share program

Transactions carried out under the share buy-back program for KONGSBERG related to the employee share program

As announced 4 January 2024 and 20 March 2024 KONGSBERG will purchase up to MNOK 360 of own shares related to the employee share program.

+-------------------+------------------+-------------------+-------------------+

| Date | Aggregated daily | Weighted | Total |

| | volume | average price | transaction value |

| | (# of shares) | (NOK) | (NOK) |

+-------------------+------------------+-------------------+-------------------+

| 05/15/2024 | 16 000 | NOK 842.24 | NOK 13 475 891 |

+-------------------+------------------+-------------------+-------------------+

| 05/16/2024 | 16 000 | NOK 861.60 | NOK 13 785 642 |

+-------------------+------------------+-------------------+-------------------+

| 05/21/2024 | 18 000 | NOK 876.03 | NOK 15 768 529 |

+-------------------+------------------+-------------------+-------------------+

| Total earlier | 71 000 | NOK 828.17 | NOK 58 799 971 |

| announced | | | |

| buy-back under | | | |

| the program | | | |

+-------------------+------------------+-------------------+-------------------+

| Total purchased | 121 000 | NOK 841.57 | NOK 101 830 035 |

| under the program | | | |

+-------------------+------------------+-------------------+-------------------+

See the attached document for information about the individual transaction made under the employee share program.

After the above-mentioned transactions KONGSBERG owns a total of 133,400 own shares, corresponding to 0.08% of KONGSBERG's share capital.

KONGSBERG (OSE ticker: KOG) is an international, knowledge-based group that supplies high-technology systems and solutions to customers in a wide range of markets such as defence, security, maritime, energy, aerospace, climate mapping and subsea technology. KONGSBERG has more than 13,500 employees in 39 countries and has a total turnover of NOK 40.6 billion in 2023.

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