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Kongsberg Gruppen

Capital/Financing Update May 23, 2023

3649_rns_2023-05-23_cd331d92-1a74-4670-9c1c-f12064339c61.html

Capital/Financing Update

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Successful placement of new senior unsecured bonds

Successful placement of new senior unsecured bonds

Kongsberg Gruppen ASA, rated A- (stable) by Nordic Credit Rating, has today successfully raised NOK 1,000 million in a new 7 year senior unsecured bond issue with a fixed rate coupon of 4.85% p.a. The settlement date is set to 31 May 2023 and an application will be made for the bonds to be listed on Oslo Børs.

Danske Bank and Nordea acted as Joint Lead Managers in connection with the bond issue.

For further information, please contact:

Jan Edvin Pedersen, Group VP Finance & Treasurer, +47 932 61 836 [email protected]

Jan Erik Hoff, Group VP Investor Relations, +47 991 11 916 [email protected]

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 12,000 employees in 39 countries and had total revenues of NOK 31.8bn in 2022.

Follow us on: kongsberg.com, Facebook, Twitter and LinkedIn

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