Kongsberg Automotive

Kongsberg Automotive appoints new Executive Vice President for the Flow Control Systems business area

Zurich March 1, 2024: Kongsberg Automotive (KA) has appointed Eduardo Pamies as

the Executive Vice President (EVP) for the Flow Control Systems (FCS) business

area, effective March 1, 2024.

Pamies has served as the interim head of FCS since August 2023.

"I am happy to announce the official appointment of Eduardo Pamies as the EVP of

the FCS business area," says Linda Nyquist-Evenrud, KA's President & CEO,

adding, "His strong focus on business and customers, extensive product and

application knowledge in both passenger and commercial vehicle segments, in

-depth knowledge of automotive assembly and manufacturing operations, combined

with his successful interim leadership of FCS since August 2023, makes Pamies

the ideal candidate to lead FCS. I am confident that his deep knowledge of the

sector, commitment, and vision will support KA in achieving its long-term

goals."

"I am honored by this appointment," says Pamies, adding, "As the EVP of FCS, I

will continue to lead the business with support from the team on our path

towards profitability and growth by delivering innovative solutions to our

global customer base."

Pamies joined KA in 2011 as a General Manager in Epila, Spain. In 2016, he took

on the role of Vice President of Fluid Transfer Systems (FTS), Sales and

Marketing, and was appointed VP of FTS, Europe in 2017. Before KA, Pamies held

several senior leadership roles in Johnson Controls and Valeo.

He holds a Master's Degree in Industrial Engineering from the University of

Zaragoza, Spain, and has also completed an Advanced Management Program from IESE

Business School in Spain.

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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