Kongsberg Automotive

Board/Management Information • Jun 1, 2017

New board members in Kongsberg Automotive ASA

The Annual General Meeting in Kongsberg Automotive ASA held on June 01, 2017 elected Gunilla Nordstrom (Independent Director), Ernst F. Kellermann (Independent Director)and Bjørn Ivan Ødegård (employee representative) as new board members.

• Gunilla Nordstrom (Age 58) holds a Master of Science in Electronics, Industrial Marketing Management, Linkoping University, Institute of Technology (LiTH), Sweden. Further educated from Colombia University and INSEAD. Working experience as follows: President & CEO, Eletrolux Asia/Pacific and Executive Vice President of Electrolux AB 2007-2015. Senior Management positions with Ericsson and Sony Ericsson in Europe, Latin America and Asia 1983 – 2007. G. Nordstrom has extensive board experience, earlier including Atlas Copco AB (Sweden) and Wartsila Corporation Oy (Finland). Present board positions: Bombardier Transport Co Ltd EDHEC (IAB)
• Ernst F. Kellermann, (Age 60) has a Bachelor of Science, Mechanical Engineering, University of Aalen. Since 2002, he has served as Managing Director of Marquardt GmbH, Rietheim-Weiheim, Germany and most recently as Chief Operating Officer from 2015 to 2016. From 1995 to 1999, he worked as Engineering Manager in Eaton VSED Division, Langenlonsheim, Germany and from 1999 to 2002 as Plant Manager in the same Company. From 1987 to 1991, he worked as Technical Liaison in ITT Automotive-SWF Division, Auburn Hills, Michigan, from 1992 to 1993 as Engineering Manager in the same Company same place and as Project Manager in the same Company in Vemding, Germany. From 1983 to 1986, he was Laboratory Engineer with ITT Automotive-SWF, Bietigheim-Bissingen, Germany and in 1987; he was Assistant to CEO in the same Company. No other current directorships

Following the election at the annual general meeting, the board of directors of Kongsberg Automotive ASA comprises the following members: Bruce E. Taylor(Chairman),Ellen M. Hanetho, Thomas Falck, Gunilla Nordstrom, Ernst F. Kellermann, Bjørn Ivan Ødegård, Jon Ivar Jørnby, and Kari Brænden Aaslun

Investors/analysts:

Norbert Loers, Chief Financial Officer Mobile: +41 79 159 68 16

Media:

Fredrik Tangeraas, Director, Corporate Communications Mobile: +47 924 64 699

About Kongsberg Automotive:

Kongsberg Automotive provides world class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable. With revenues of around EUR 1.0 billion and 10.000 employees in 18 countries, Kongsberg Automotive is truly a global supplier. The company is headquartered in Switzerland and has 30 production facilities worldwide. The product portfolio includes seat comfort systems, driver and motion control systems, fluid assemblies, and industrial driver interface products developed for global vehicle manufacturers. Find more information at www.kongsbergautomotive.com