Kongsberg Automotive

Share Issue/Capital Change • Jan 6, 2021

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

KongsbergAutomotive 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. EUR1.1 billion and approximately 11.000 employees in 19 countries, KongsbergAutomotive 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