Kongsberg Automotive

Remuneration Information • Jun 12, 2017

Exercise of Share Options

Exercise of Share Options

Exercise of employee share options in Kongsberg Automotive ASA

("the Company").

1. Employees in Kongsberg Automotive Group have on 12 June exercised 1,394,778

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 1,759,826 own shares. There will

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

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 19 countries, Kongsberg Automotive is truly a global supplier. The

company is headquartered in Switzerland and has 29 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