Kongsberg Automotive

Kongsberg Automotive ASA - Registration of new share capital relating to subsequent offering

Reference is made to the stock exchange announcement by Kongsberg Automotive ASA

(the "Company") on 24 July 2020 regarding, inter alia, issuance of 3,000,000,000

new shares in connection with a subsequent offering in the Company, each with a

nominal value and subscription price of NOK 0.10.

The share capital increase pertaining to issuance of the new shares in the

subsequent offering has now been registered with the Norwegian Register of

Business Enterprises. The Company's new registered share capital is NOK

1,044,799,101.20 divided by 10,447,991,012. shares, each with a nominal value of

NOK 0.10.

This information is subject of the disclosure requirements under section 5-12 of

the Norwegian Securities Trading Act.

Kongsberg Automotive ASA

Jon Munthe

General Counsel

Mobile phone: +47 901 14 582

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 approx. EUR 1.1 billion and

approximately 11.000 employees in 19 countries, Kongsberg Automotive is truly a

global supplier. The company has more than 25 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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