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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.