Kongsberg Automotive

Kongsberg Automotive officially opens a new state-of-the-art office in Dortmund

Zurich, September 28, 2022: Kongsberg Automotive (KA) officially opened its

Dortmund, Germany office with a ceremony today. This office, registered under

the Kongsberg Automotive GmbH entity, is a step toward the company growing its

global footprint and is in line with KA's strategy to be one of the top three

providers of mobility solutions.

The new Dortmund office is a strategic placement in the automotive and mobility

hub with direct access to major commercial vehicles and off-highway

customers. Situated by the Phoenix Lake in a modern facility alongside company

leaders, KA's Dortmund office will host key corporate functions such as Business

Development, Product Portfolio and Marketing Management, and Purchasing, and

will be an attractive center to nurture and grow new talent.

This attractive location with modern facilities places us strategically closer

to our customers to develop, and support our innovation and growth plan,

especially in the new and emerging markets," says Joerg Buchheim, President &

CEO of KA.

The Dortmund office will allow KA to explore key areas, strengthen the company's

business, foster customer relations, and create new opportunities.

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: www.kongsbergautomotive.com

Media

contact:

Therese Sjoborg Skurdal

+47 982 14 059

Investor Relations:

Mads Langaard

+47 905 81 264

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