Kongsberg Automotive

Transactions carried out under the share buy-back program

As announced May 13, 2022 Kongsberg Automotive ASA put in place a non

-discretionary agreement with Danske Bank for the repurchase of Kongsberg

Automotive shares for up to 10% of its outstanding shares in the market. The

share repurchases started May 19, 2022.

Date Aggregated Daily Weighted Total

Volume (# of Average Price Transaction

Shares) (NOK) Value(NOK)

6 December 2022 512.906 2,56 1.313.193

7 December 2022 572.524 2,52 1.441.615

8 December 2022 574.258 2,51 1.443.110

9 December 2022 574.677 2,53 1.453.473

12 December 2022 575.040 2,52 1.448.583

Total Purchased under the 82.545.472 2,54 209.914.355

Program (as of December 5,

2022)

Total Purchased under the 85.354.877 2,54 217.014.330

Program (as of December 12,

2022)

See the attached document for information about the individual transaction made

under the buy-back program.

Kongsberg Automotive will seek approval from the 2023 Annual General Meeting for

cancellation of the repurchased shares. For further information regarding the

share buy-back program, please see the stock exchange notifications from May 13,

The buyback program is carried out in accordance with the Market Abuse

Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No

2016/1052 ("Safe Harbour Regulation").

After the above-mentioned transactions Kongsberg Automotive owns a total of

85.344.378 own shares, corresponding to 8.09% of Kongsberg Automotive's share

capital.

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/)

Media and investor relations:

Mads Langaard

+47 905 81 264

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