Kongsberg Automotive

Regulatory Filings • May 7, 2025

Kongsberg Automotive wins a new contract worth approximately EUR 20 million in estimated lifetime revenue in fast-growing EV segment

Kongsberg, May 7, 2025: Kongsberg Automotive (KA) has won a new four-year contract worth approximately EUR 20 million in estimated lifetime revenue for its Dog Clutch Actuator (DCA).

The DCA, developed by KA, is designed for gear-shifting and decoupling applications for multi-speed transmissions, either electric axle or central drive for hybrid, battery electric, and fuel cell vehicle applications, ranging from passenger cars to heavy-duty commercial vehicles.

KA's Wuxi facility will manufacture and supply the product to a leading global Original Equipment Manufacturer (OEM) in the electric commercial vehicle segment.

"KA's DCA is the future of gear-shifting—energy-efficient, sustainable, easy-to-maintain, and compactly designed for a broad range of EVs, from light- to heavy-duty," says David Redfearn, KA's Chief Sales Officer. "We're proud to win this contract and grow our footprint in China's fast-growing EV market with products that deliver lasting value and real technical advantages."

Media and Communications contact: Therese Sjöborg Skurdal – Director Group Marketing and Communications therese.skurdal@ka-group.com +47 982 14 059

Investor Relations contact: investor.relations@ka-group.com

About Kongsberg Automotive ASA

Kongsberg Automotive provides cutting-edge technology to the global vehicle industry. We drive the global transition to sustainable mobility by putting engineering, sustainability, and innovation into practice. Our product portfolio includes driver and motion control systems, fluid assemblies, and industrial driver interface products. Find more information at http://www.kongsbergautomotive.com