Kongsberg Gruppen

Capital/Financing Update • Dec 1, 2023

Export financing approved for coastal defence delivery to Poland

Export financing approved for coastal defence delivery to Poland

With reference to disclosure at www.newsweb.no on 5 September 2023 related to BNOK 16 contract for coastal defence system to Poland.

Export Finance Norway (Eksfin) and the Polish customer have signed the export financing agreement and the coastal defence system contract is hereby effective and will be included in the order backlog.

- Competitive financing solutions are very important for Norwegian industry in an increasingly demanding market. The financing package from Eksfin has been a crucial element and helps to secure Norwegian jobs both for KONGSBERG and all the Norwegian subcontractors for many years to come. We greatly appreciate the valuable collaboration with Eksfin as part of Team Norway, says KONGSBERG’s President and Chief Executive Officer, Geir Håøy.

Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that supplies high-tech systems and solutions to customers in the energy, merchant, navy and defence and aerospace industries. Kongsberg has more than 13,000 employees in 39 countries and had total revenues of NOK 31.8bn in 2022.

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