Mandatory Notification of Trade for Primary Insiders

Bob Riedford, President Powertrain & Chassis and primary insider of Kongsberg Automotive ASA has on 27 September sold 411.000 shares in the company at an average price of NOK 2,235 per share. Following this transaction, Bob Riedford now holds 814 shares in Kongsberg Automotive ASA. Bob Riedford has resigned as the President of Powertrain & Chassis to pursue opportunities outside of KA effective October 1, 2022. This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities Trading Act.