Kongsberg Automotive

Remuneration Information • Nov 16, 2017

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

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

Filing to the stock exchange 1. Kongsberg Automotive ASA

1. Employees in Kongsberg Automotive Group have exercised 746,636 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 779,212 own shares. There will be no

share capital increase due to the exercise of share options.

2. Options exercised by primary insiders 16 November 2017:

The primary insiders mentioned below have exercised the following number of

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

Lovisa Söderholm 83,333

Jon Munthe 33,334 15,000

3. Transfer of rights

On 16 November 2017, 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.

Lovisa Söderholm

Jon Munthe

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

Lovisa Söderholm  125,000 41,667

Jon Munthe 50,000 50,000 0 0

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

the following number of shares in the Company:

Lovisa Söderholm                37,500

Jon Munthe                         24,582

Investors/analysts:

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

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 19 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