Kongsberg Automotive

Extension of revolving credit facility

Zurich, July 06, 2023: Kongsberg Automotive ASA (KA) has successfully extended

its syndicated bank loan by 18 months. The revolving credit facility is now

maturing in January 2025.

The original facility was running from July 2018 to July 2023. Given its strong

balance sheet position, KA decided to downsize the existing facility from EUR

50m to EUR 30m.

Danske Bank and UBS commit to a EUR 15m line each.

IR & Media Contact:

Mads Langaard

+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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