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Kongsberg Automotive

Major Shareholding Notification Jun 18, 2020

3648_dirs_2020-06-18_6a3b58ac-782a-4fac-aeef-7aada9c208bd.html

Major Shareholding Notification

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Primary Insider Notification/Disclosure of shares

Primary Insider Notification/Disclosure of shares

Teleios Capital Partners LLC ("Teleios"), represented on the board of directors of Kongsberg Automotive ASA ("KOA") has on 17 June 2020, traded in KOA stock as follows:

• Bought on Merkur Market 51,455,965 shares (ISIN NO 001 0883630) at an average price of 0.1738 NOK per share

• Sold on Oslo Børs 51,455,965 shares (ISIN NO 000 3033102) at an average price of 0.4143 NOK per share

Consequently, Teleios continues to control through Teleios Global Opportunities Master Fund, Ltd. 1,723,846,758 shares and votes in KOA, corresponding to 23.15% of the issued share capital.

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