Kongsberg Gruppen

Investor Presentation • Feb 7, 2025

Protechting people and planet

Geir Håøy, President & CEO Mette Toft Bjørgen, EVP & Group CFO

KONGSBERG PROPRIETARY: This document contains KONGSBERG information which is proprietary and confidential. Any disclosure, copying, distribution or use is prohibited if not otherwise explicitly agreed with KONGSBERG in writing. Any authorised reproduction in whole or in part, must include this legend. © 2024 KONGSBERG – All rights reserved.

Competitive in a rapidly changing world

Competitive in a rapidly changing world

Numbers in NOK bn

Backlog distribution by Business update Q4 business area – 31.12

Order intake	Revenue	EBIT
NOK 44.8bn	NOK 13.9bn	NOK 1.7bn

New build order intake 2024 – Kongsberg Maritime

Backlog distribution

2025 backlog

See Statement of Proprietary information

Financial status

Mette Toft Bjørgen, EVP & Group CFO

KONGSBERG PROPRIETARY: This document contains KONGSBERG information which is proprietary and confidential. Any disclosure, copying, distribution or use is prohibited if not otherwise explicitly agreed with KONGSBERG in writing. Any authorised reproduction in whole or in part, must include this legend. © 2024 KONGSBERG – All rights reserved.

2024 at a glance

(NOK bn)

Revenue

(NOK bn)

Kongsberg Maritime Kongsberg Defence & Aerospace

1.15 1.24 +8% Kongsberg Discovery Kongsberg Digital

Q4 23 Q1 24 Q2 24 Q3 24 Q4 24

Kongsberg Discovery Kongsberg Digital

Associated companies

*Share of net income from Patria is recognized as follows during the quarters: Q1: Jan-Feb, Q2: Mar-May, Q3: Jun-Aug and Q4: Sep-Des. Quarterly split of revenues and EBIT are presented with the corresponding periodization.

NOK 5.1bn in order backlog EUR 2.4bn in order backlog

Cash flow development 1.1 - 31.12

(NOK bn)

Numbers in NOK bn

Proposed dividend of NOK 22/share and stock split

See Statement of Proprietary information 10 • Last day including 2 June 2025, ex. date 3 June 2025 22 12 Dividend under policy Additional dividend Total dividend 1 759 2 111 3 870 NOK per share Total NOKm

Proposed dividend FY 2024

• First tranch - NOK 10.0

• ⁻ Last day including 8 May 2025, ex. dividend date 9 May 2025
• ⁻ Record date 12 May 2025, payment date 27 May 2025
• Second tranch NOK 12.0
  • ⁻ Last day including 8 October 2025, ex. dividend 9 October
  • ⁻ Record date 10 October 2025, payment date 23 October
• Stock split: 5-for-1
  -

Outlook

• An enabler in the maritime transformation and uniquely positioned
• Persistent high activity in aftermarket
• Increased technology content on overall fleet drives demand

• Continued marketing, tendering and negotiations related to multiple programs
• International capacity expansion to meet demand
• Particularly strong demand for missiles and air defence

• Significant demand from areas such as fishery, marine research operations, energy, security and surveillance
• Solid backlog and strong positions in growing markets
• Naxys Technologies acquisition to broaden hydroacoustic offering

• Continued increase in recurring revenues
• Continued investments in development and rollout
• Focus on developing industrial work surface solutions

Solid balance sheet and NOK 127.9bn in order backlog, whereof NOK 35.4bn is for delivery in 2025

Protechting people and planet

KONGSBERG PROPRIETARY: This document contains KONGSBERG information which is proprietary and confidential. Any disclosure, copying, distribution or use is prohibited if not otherwise explicitly agreed with KONGSBERG in writing. Any authorised reproduction in whole or in part, must include this legend. © 2024 KONGSBERG – All rights reserved.