Kongsberg Automotive

Norbert Loers appointed Chief Financial Officer of Kongsberg Automotive

Norbert Loers is named Chief Financial Officer (CFO) of Kongsberg Automotive

ASA, with responsibility for all finance and IT functions. He will assume the

CFO role on January 16, 2017.

Norbert brings a wealth of industrial and financial experience to Kongsberg

Automotive and further strengthens the leadership team of Kongsberg Automotive.

Most recently, he was CFO of the Hay Group, a global automotive supplier based

in Bad Sobernheim, Germany with around Euro 500 million in annual revenues and 10

plants in Europe and Asia.

Prior to joining Hay Group, Norbert was CFO of Neumayer Tekfor, a global

automotive supplier. Prior to his CFO positions, Norbert Loers held various

senior management positions at Ingersoll Rand for 11 years in Belgium, Ireland,

the Czech Republic and Germany. Before joining Ingersoll Rand, Mr. Loers worked

for MAN, the heavy-duty vehicle manufacturer.

Norbert Loers holds a degree in economics (Diplom-Volkswirt) from University of

Bonn, Germany.

Media:

Fredrik Tangeraas, Director, Corporate Communications

Phone: +47 3277 0535; Mobile: +47 9246 4699

Investors / analysts:

Philippe Toth, EVP, Business Development & IR

Phone: +47 3277 0503. Mobile: +47 9821 4021

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 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 31 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

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