Kongsberg Gruppen

Investor Presentation • Oct 30, 2025

Investor presentation Q3 2025

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

Highlights Q3

• Weapon stations, integrated vessel solutions, and Hugin AUV contracts were important drivers for order intake in the quarter
• Strong order intake and book/bill above 1 in all business areas
• The order backlog continues to grow and is now NOK 142.2bn

Order intake

NOK 16.9bn Revenues

NOK 13.3bn EBIT

NOK 2.0bn

Solid order intake

Amounts in NOK bn

Financial status

Mette Toft Bjørgen, EVP & Group CFO

Revenue growth driven by Missiles and Air Defence

Amounts in NOK bn

Q3 24 Q4 24 Q1 25 Q2 25 11.92 Q3 25 13.30 +12% KONGSBERG Gain from sale

Kongsberg Maritime

Kongsberg Defence & Aerospace

Kongsberg Discovery

Continued solid margins

Amounts in NOK bn

See Statement of Proprietary information

15.4%

0.99

Q3 25

Kongsberg Discovery

Strong cash conversion

Amounts in NOK bn

See Statement of Proprietary information

Net working capital per Business Area

Improved profitability in both KSAT and Patria

Continue to see overall strong demand

• Unique product portfolio and domain knowledge position as a frontrunner in the maritime transformation
• Persistent solid activity in aftermarket and strong newbuild order backlog gives robustness
• Increased technology scope and complexity on overall fleet drives demand

• Continued strong demand for our product portfolio
• Ongoing tendering and negotiations related to multiple programs
• Capacity expansion on track to meet both planned deliveries and foreseen demand

• Significant demand from areas such as fishery, marine research operations, energy, naval and surveillance
• Solid backlog and strong positions in growing markets

Solid balance sheet and NOK 142.3bn in order backlog, whereof NOK 14.3bn is for delivery in 2025

Protechting people and planet