Kongsberg Automotive

Share Issue/Capital Change • Jan 6, 2021

KOA - Key information relating to the share consolidation (reverse split)

KOA - Key information relating to the share consolidation (reverse split)

Date on which the corporate action was made public: 6 January 2021

Consolidation (reverse split) ratio: 10 old shares give 1 new share

Last day including right: 2 February 2021

Ex-date: 3 February 2021

Record date: 4 February 2021

Date of approval: 29 January 2021

Other information: The share consolidation is subject to approval by the

extraordinary general meeting on 29 January 2021.

This information is published in accordance with the requirements set out in the

Oslo Børs Notices "Guide for corporate actions" and "Separate announcement - Key

informstion for share split and reverse share split".

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

www.kongsbergautomotive.com