Kongsberg Gruppen

Share Issue/Capital Change • Jun 20, 2022

Share program for employees

Share program for employees

Today, 20 June 2021, Kongsberg Gruppen ASA has started the transfer of 858 110 own shares at price NOK 352.49 per share in conjunction with a share program for employees. The shares are purchased in the market from 25th of March 2022 to 7th of June 2022 and the share price corresponds to the average purchase price adjusted for dividends. The participants receive 25 % discount on the purchase price. The discount from market price is subject to taxation. A total of 4,363 employees participated in the program. The maximum number of shares per employee was 277. There is a lock-in period of one year 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 20 June 2022:

Geir Håøy has purchased 277 shares

Egil Haugsdal has purchased 277 shares

Eirik Lie has purchased 277 shares

Gyrid Skalleberg Ingerø has purchased 277 shares

Iver Christian Olerud has purchased 133 shares

Hans Petter Blokkum has purchased 277 shares

Even Aas has purchased 277 shares

Christian Karde has purchased 277 shares

Oda Linn Almo Ellingsen has purchased 277 shares

Vegard Ryen Skullerud has purchased 277 shares

Kjersti Rød has purchased 277 shares

Ivar-Andre Flakstad Ihle has purchased 133 shares

Sverre Thorsø has purchased 133 shares

Gry Pedersen Solberg has purchased 89 shares

Helge Lintvedt has purchased 277 shares

Berit Floor Lund has purchased 277 shares

After these transactions the new holdings are:

Geir Håøy 44 352 shares

Egil Haugsdal 40 831 shares

Eirik Lie 15 722 shares

Gyrid Skalleberg Ingerø 21 116 shares

Iver Christian Olerud 7 146 shares

Hans Petter Blokkum 9 924 shares

Even Aas 30 476 shares

Christian Karde 3 666 shares

Oda Linn Almo Ellingsen 1 350 shares

Vegard Ryen Skullerud 2 287 shares

Kjersti Rød 1 953 shares

Ivar-Andre Flakstad Ihle 952 shares

Sverre Thorsø 367 shares

Gry Pedersen Solberg 544 shares

Helge Lintvedt 277 shares

Berit Floor Lund 3 050 shares

After this transaction, Kongsberg Gruppen ASA owns 798 727 own shares, corresponding to 0.45 % of KONGSBERG's share capital. Out of these 760 125 shares are related to the buy-back of shares for cancelation where the cancelation of shares was approved by the General Meeting on 11 May 2021.

This information is subject to the disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act and requirements under the EU Market Abuse Regulation.

KONGSBERG (OSE-ticker: KOG) is an international, leading global technology corporation delivering mission-critical systems and solutions with extreme performance for customers that operate under extremely challenging conditions. We work with nations, businesses and research environments to push the boundaries of technology development in industries such as space, offshore and energy, merchant marine, defence and aerospace, and more. KONGSBERG has about 11,000 employees located in more than 40 countries, creating a total revenue of NOK 27.4bn in 2021.

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