Kongsberg Automotive

Remuneration Information • Nov 16, 2016

Filing to the stock exchange 1. Kongsberg Automotive ASA

Filing to the stock exchange 1. Kongsberg Automotive ASA

Exercise of employee share options in Kongsberg Automotive ASA ("the Company").

1. Employees in Kongsberg Automotive Group have exercised 1,343,068 options.

Each share option corresponds to one share. The underlying shares have been

provided by sale of the Company's holding of treasury shares. Subsequent to the

transaction Kongsberg Automotive ASA holds 1,228,134 own shares. There will be

no share capital increase due to the exercise of share options.

2. Options exercised by primary insiders 16 November 2016:

Jonathan Day has exercised 125,000 options in the Company, corresponding to

125,000 shares at the strike price of NOK 1.50.

3. Transfer of rights

On 16 November 2016, the primary insiders mentioned below transferred their

rights to receive shares resulting from the exercise of options to a third

party.

The sales amount will be finally determined on the basis of the price

subsequently obtained by the third party when selling the shares in the market.

Still, primary insiders cannot be held liable for losses incurred by the third

party if the shares are later sold below the strike price. Final compensation

for the transferred rights will be reported to Oslo Børs when known.

Jonathan Day

4. New holding

After exercising options, the primary insiders mentioned in paragraph 2 hold the

following number of unexercised options in the Company, each option

corresponding to one share, at the indicated strike price:

Issued in  2016 2015 2014 2013 2012 2011 2009 2008

Strike price, NOK 6.20 5.90 5.80 1.50 2.00 4.50 3.00 20.00

Expiry year 2023 2022 2021 2020 2019 2018 2019 2018

Jonathan Day  125,000 125,000 125,000 0 24,072

After completion of the above mentioned transactions, the primary insiders hold

the following number of shares in the Company:

Jonathan Day                    139,250

Investors / analysts:

Philippe Toth, Executive Vice President, Business Development & IR

Tel: +47 982 14 021

Media:

Fredrik Tangeraas, Director, Corporate Communications

Tel: +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 EUR 1.0 billion and 10.000

employees in 18 countries, Kongsberg Automotive is truly a global supplier. The

company is headquartered in Norway 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

www.kongsbergautomotive.com