Kongsberg Automotive

Den Europeiske Kommisjonen godkjenner salget av Kongsberg Automotive's Interior Comfort Systems virksomhet

Zurich, 25 Februar, 2022: Den Europeiske Kommisjonen har i dag godkjent salget

av Kongsberg Automotive's Interior Comfort Systems (ICS) virksomhet til Lear

Corporation.

ICS enheten tilbyr klima- og komfort systemer for bilseter til store bil- og

seteprodusenter. Gjennomføringen av transaksjonen planlegges til den 28 Februar,

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. With approximately

11,000 employees in 19 countries, Kongsberg Automotive is truly an international

supplier of automotive technology. The company has more than 27 production

facilities worldwide. Our product portfolio includes seat comfort systems,

driver and motion control systems, fluid assemblies, and industrial driver

interface products. Find more information

at: kongsbergautomotive.com (https://www.kongsbergautomotive.com/).

Media contact:

Kongsberg Automotive

Therese Sjoborg Skurdal

+47 982 14 059

The information in this announcement is considered inside information pursuant

to the EU Market Abuse Regulation and is subject to the disclosure requirements

pursuant section 5-12 of the Norwegian Securities Trading Act. This announcement

was published by Kongsberg Automotive's investor relations contact.

Forward-looking statements

This announcement contain forward-looking statements. Forward-looking statements

are statements that are not historical facts and may be identified by words such

as "believe", "expect", "anticipate", "strategy", "intends", "estimate", "will",

"may", "should" and similar expressions. The forward-looking statements in this

announcement are based upon various assumptions, which in turn may be based on

further assumptions. Although Kongsberg Automotive believes that these

assumptions were reasonable when made, these assumptions are inherently subject

to significant known and unknown risks, uncertainties, contingencies and other

important factors that are difficult or impossible to predict and are beyond its

control. Various factors could cause Kongsberg Automotive's actual results to

differ materially from those projected in a forward-looking statement. No

assurances can be given that the assumptions underlying the forward-looking

statements prove to have been correct. Kongsberg Automotive disclaims any

obligation to update or revise any forward-looking statements, whether as a

result of new information, future events or otherwise.

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