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Kongsberg Gruppen

Transaction in Own Shares • Mar 17, 2020

3649_rns_2020-03-17_126966b7-be39-44de-99ab-6a8f18564c1e.html

Transaction in Own Shares

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Mandatory notification of trade

KONGSBERG has on 17 March 2020 purchased 63,000 own shares at an average price of NOK 124.3249 per share. After this, KONGSBERG owns a total of 1,021,479 own shares.

The purchase of shares is part of the share buy-back program announced on 13 February 2020, in connection with a share program for employees and long-term incentive (LTI) program for executive managers. The share buy-back program consists of shares for a total value of up to MNOK 160.

For further information about the share buy-back program, KONGSBERG refers to the Oslo Stock Exchange notification made on 13 February 2019 (available from www.newsweb.no).

This information is subject to disclosure requirements pursuant to §4-2 and §5-12 of the Norwegian Securities Trading Act.