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Kongsberg Gruppen

Share Issue/Capital Change • Mar 27, 2020

3649_dirs_2020-03-27_6ebecd82-a4ad-459c-9cd1-bfd4a5499eda.html

Share Issue/Capital Change

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Transfer of shares in long-term incentive program

According to KONGSBERG's long-term incentive (LTI) program adopted by the Annual General Meeting in 2012, KONGSBERG on 27 March 2020 sold 44 081 KONGSBERG shares at price 152.30 per share to participants in the program. The price is set in accordance with the guidelines for the LTI. There is a three-year lock-in period for the shares. Enclosed is a list of primary insiders that purchased shares through the program. After this transaction, KONGSBERG holds 1 024 698 own shares.

This information is subject to the disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.

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.