Kongsberg Gruppen

Transaction in Own Shares • May 15, 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 320 of own shares related to the employee share program.

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

| Date | Aggregated daily | Weighted | Total |

| | volume | average price | transaction value |

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

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

| 05/08/2024 | 18 000 | NOK 823.49 | NOK 14 822 930 |

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

| 05/10/2024 | 15 000 | NOK 830.29 | NOK 12 454 317 |

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

| 05/13/2024 | 18 000 | NOK 831.22 | NOK 14 962 010 |

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

| 05/14/2024 | 20 000 | NOK 828.04 | NOK 16 560 714 |

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

| Total earlier | - | - | - |

| announced | | | |

| buy-back under | | | |

| the program | | | |

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

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

| 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 83,400 own shares, corresponding to 0.05% 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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