Kongsberg Gruppen

Transaction in Own Shares • Apr 20, 2023

CORR: Transfer of shares in long-term incentive program

CORR: Transfer of shares in long-term incentive program

Kongsberg Gruppen ASA (KONGSBERG) has today sold a total of 27 088 own shares at a price of NOK 406,85 per share in connection with the long-term incentive program (LTI) for senior management and key employees. The price has been set in accordance with the guidelines in the long-term intensive program and based on the purchase price KONGSBERG achieved in the market. There is a three-year lock-in period for the shares.

This notification and attached document provide an overview of primary insiders who have purchased shares through the program.

Shares in the company have been transferred to the following primary insiders on April 20th, 2023:

Geir Håøy has purchased 2 404 shares

Lisa Edvardsen Haugan has purchased 549 shares

Eirik Lie has purchased 1 130 shares

Martin Wien Fjell has purchased 5 387 shares

Gyrid Skalleberg Ingerø has purchased 1 054 shares

Iver Christian Olerud has purchased 869 shares

Mette Toft Bjørgen has purchased 417 shares

Even Aas has purchased 645 shares

Christian Karde has purchased 856 shares

After these transactions the new holdings are:

Geir Håøy 46 756* shares

Lisa Edvardsen Haugan 7 399* shares

Eirik Lie 16 902* shares

Martin Wien Fjell 5 817* shares

Gyrid Skalleberg Ingerø 22 170* shares

Iver Christian Olerud 8 015* shares

Mette Toft Bjørgen 1 345* shares

Even Aas 31 121* shares

Christian Karde 4 522* shares

After the above-mentioned transactions KONGSBERG owns a total of 871 834* own shares, corresponding to 0.50* % of KONGSBERG's share capital. Out of these 695 555 shares are related to the buy-back of shares for cancelation where the cancelation of shares will have to be approved by the General Meeting on 11 May 2023.

This information is subject to disclosure requirements under the EU Market Abuse Regulation.

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.

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