Kongsberg Automotive

Kongsberg Automotive Fluid Transfer Systems business unit to get a new production facility in Brzesc, Poland

A new production facility will be ready by 2022 in Brzesc for Kongsberg

Automotive Fluid Transfer Systems (FTS), Europe.

Kongsberg Automotive's FTS business unit has signed a letter of intent for a new

facility in Brzesc, Kujawski, Poland. This is a part of the company's strategy

to grow the FTS business in Europe.

With this growth, Kongsberg Automotive aims to secure business awards on both

the passenger cars and commercial vehicle segments and grow the European FTS

business by 50 percent in the next four years.

FTS is a key supplier for global premium automotive Original Equipment

Manufacturers (OEM) as well as an important player within the industrial

segment.

The new building, with a projected area of 6,000 square meters will be the third

FTS plant in Europe, together with Normanton (UK) and Epila (Spain).

Construction on the project has already started and will be concluded by July

2022. This new facility will be dedicated entirely to the FTS business and will

be located alongside the existing Brzesc building.

"Kongsberg Automotive's FTS business unit aims to continuously deliver on the

company's long-term vision of becoming second to none by putting sustainability,

engineering, and innovation into practice," says David Redfearn, Executive Vice

President of FTS, adding, "This is a part of our strategy to grow the FTS

business in Europe and to accommodate this, we needed to enlarge our footprint

in Europe, and setting up a new dedicated facility for FTS in Brzesc was the

best decision."

FTS Brzesc will mainly be dedicated to engineered assemblies and will reinforce

Kongsberg Automotive's competitive position in the market.

Media contact:

Therese Sjoborg Skurdal

Investors/analyst contact:

Jakob Bronebakk

About Kongsberg Automotive ASA

Kongsberg Automotive provides world-class products to the global vehicle

industry. Our products enhance the driving experience, making it safer, more

comfortable, and sustainable. With approximately 11,000 employees in 19

countries, Kongsberg Automotive is truly a global supplier. The company has more

than 27 production facilities worldwide. The product portfolio includes seat

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

industrial driver interface products developed for global vehicle manufacturers.

Find more information at www.kongsbergautomotive.com

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