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1. Out of a total of 6,935,245 exercisable options, employees in Kongsberg Automotive Group have exercised 1,434,255 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 2,766,173 own shares. There will be no share capital increase due to the exercise of share options.

2. Options exercised by primary insiders 18 May 2016:

The primary insiders mentioned below have exercised the following number of options in the Company, each option corresponding to one share, at the indicated strike price:

Issued in 2016 2015 2014 2013 2012 2011 2009 2008
Strike price, NOK 6.20 5.90 5.80 1.50 2.00 4.50 3.00 20.00
Expiry year 2023 2022 2021 2020 2019 2018 2019 2018
Trond Stabekk 225,000 222,000
Scott Paquette 125,000 122,000
Matthias Vogel 76,667 34,667 40,000 30,230
Philippe Toth 33,334 21,667

3. Transfer of rights

On 18 May 2016, the primary insiders mentioned below transferred their rights to receive shares resulting from the exercise of options to a third party.

The compensation for the transferred rights was determined by the price subsequently obtained by the third party when selling the shares in the market. The selling price was NOK 5.9466 per share.

Trond Stabekk 

Scott Paquette

Matthias Vogel

Philippe Toth

4. New holding

After exercising options, the primary insiders mentioned in paragraph 2 hold the following number of unexercised options in the Company, each option corresponding to one share, at the indicated strike price:

Issued in 2016 2015 2014 2013 2012 2011 2009 2008
Strike price, NOK 6.20 5.90 5.80 1.50 2.00 4.50 3.00 20.00
Expiry year 2023 2022 2021 2020 2019 2018 2019 2018
Trond Stabekk 225,000 225,000 225,000 0 0
Scott Paquette 125,000 125,000 125,000 0 0 117,000 102,029 13,012
Matthias Vogel 97,400 100,000 100,000 0 0 0 0
Philippe Toth 125,000 125,000 50,000 0 0 1,781

After completion of the above mentioned transactions, the primary insiders hold the following number of shares in the Company:

Trond Stabekk                   138,080

Scott Paquette                     90,800

Matthias Vogel                     47,900

Philippe Toth                        48,680