Kongsberg Automotive

AGM Information • Sep 27, 2023

Kongsberg Automotive - Extraordinary General Meeting held

Kongsberg Automotive - Extraordinary General Meeting held

Oslo, September 27, 2023: An extraordinary general meeting in Kongsberg

Automotive ASA (the "Company") was held today, September 27, 2023.

The extraordinary general meeting elected new members to the Company's Board of

Directors and one new member and Chair of Nomination Committee in accordance

with the proposed candidates

announced (https://www.kongsbergautomotive.com/media-news/press

-releases/2023/shareholders-of-kongsberg-automotive-reach-an-agreement/) on

September 6, 2023. Minutes from the meeting is attached and will also be made

available at the Company's website, https://www.kongsbergautomotive.com/investor

-relations/ (https://secure

-web.cisco.com/1G8OKp1roYNhixRBBzP4sEfa22UbzvYqEyio0f7Q5DUwpt2IDweWfiHbKo2IpsrEpD

DlvvmkEveRTbiXK85M1SrgrfLreM8lNrx-ZQ_WHRreo9wi9-aE-WBC

-2wml96XWQHcRmZJtyGGl9byU0jos7XjdmcHVY9ZsRs48jcEYOLpWJMMbxooF7UOpLgT7xtxjrZY6Amq3

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-5uxp6kX/https%3A%2F%2Fwww.kongsbergautomotive.com%2Finvestor-relations%2F).

Following this, the Company's Board of Directors consists of the following

shareholder elected members:

- Peter Thostrup

- Erik Volden

- Emese Weissenbacher

- Brian Kristoffersen

- Junyang (Jenny) Shao

The new Board of Directors elected Peter Thostrup as new Chairman of the Board

immediately following the Extraordinary General Meeting,

The Company's Nomination Committee consists of:

- Lasse Johan Olsen, chair

- Tore Vik

- Dag Erik Rasmussen

Investor Relations contact:

Mads Langaard - Head of Investor Relations

mads.langaard@ka-group.com

+47 905 81 264

Media and Communications contact:

Therese Sjöborg Skurdal - Director Corporate Communications

therese.skurdal@ka-group.com

+47 982 14 059

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: kongsbergautomotive.com