Kongsberg Automotive

Regulatory Filings • May 13, 2024

Kongsberg Automotive's Capital Markets Day 2024

Kongsberg, May 13, 2024: Kongsberg Automotive (KA) is hosting its Capital Market's Day today at 13:00 (CET).

Key highlights:

• Long-term financial ambitions 2028 of revenues above EUR 1.0 bn and EBIT margin at or above 8.5%
• Reestablishment of Kongsberg, Norway as the headquarters
• Continued focus to achieve 100% renewable energy in all sites by 2030 and carbon neutral products by 2039
• High focus on innovation and improvement
• Strategic aim to become a technology and market leader within our core business areas

KA's Capital Market's Day 2024 presentation is enclosed and available on KA's website.

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