Kongsberg Gruppen

Report Publication Announcement • Oct 26, 2020

Update prior to Q3 2020 results and changed reporting of associated companies

Update prior to Q3 2020 results and changed reporting of associated companies

Information prior to Q3 2020 results

KONGSBERG is reporting its Q3 2020 figures on 30 October 2020 07.00 am. Prior to this, the company will give the following information:

• On the Q2 2020 presentation, KONGSBERG said that the margin in KDA would be positively affected this year by better project execution in certain air defense projects. In Q3, KDA will report positive effects totaling MNOK 150 related to this.

Changed reporting of associated Companies

As of Q3 2020 the results from associated companies will no longer be reported as part of the EBITDA or EBIT, but on separate line below these key figures. Comparable historical figures for the last ten quarters are attached.

KONGSBERG’s Q3 figures will be presented online on 30 October 2020 and the presentation can be followed from www.kongsberg.com at Friday 30 October, 08:15am CET.

KONGSBERG will not give further comments with regards to the Q3 2020 figures prior to the announced presentation.

KONGSBERG (OSE-ticker: KOG) is an international, knowledge-based group that supplies high-tech systems and solutions to customers in the maritime, oil & gas, defence and aerospace industries. KONGSBERG has almost 11,000 employees in 40 countries.