Invitation to Kongsberg Automotive Capital Markets Day December 9th, 2021

KONGSBERG AUTOMOTIVE IS PLEASED TO INVITE INVESTORS, ANALYSTS, AND MEMBERS OF THE PRESS TO ITS CAPITAL MARKETS DAY TO BE HELD ON DECEMBER 9TH, 2021 FROM 1230 HRS. TO 1630 HRS. CEST. A TOUR OF THE COMPANY’S KONGSBERG TECHNOLOGY CENTRE IS ALSO AVAILABLE TO A LIMITED NUMBER OF GUESTS, FROM 0830 TO 1230 INCLUDING TRANSPORT TO AND FROM THE VENUE.

The event will be focused on the company’s Shift Gear program of performance improvement and portfolio modernization, with presenters from senior management including CEO Joerg Buchheim and CTO Christian Amsel.

The day will be divided into two separate events, both of which will be webcast: a tour of the Kongsberg Automotive technology center in Kongsberg, and presentations to be held at Bjørvika Konferansesenter, Oslo.

Due to social distancing requirements, the number of places available for in-person attendance of the technology center tour is limited. Attendance for this and the presentations in Oslo can be booked by emailing investor.relations@ka-group.com in advance. The webcast will be available at the following link: Capital Markets Day.

THE PROGRAM IS AS FOLLOWS:

> Kongsberg Automotive today & tomorrow – Update on the SHIFT GEAR (KA Transformation) program (CEO Joerg Buchheim)
> Transformation of the automotive sector – Technical Trends and Opportunities (CTO Christian Amsel)
> Financial priorities for 2022 and onwards (CFO Frank Heffter)
> Tour of Kongsberg tech facility (CTO Christian Amsel and Head of R&D Ivar Haug)

There will be two Q&A sessions, after the end of the facility tour and at the end of the day. Questions can be submitted online, in advance by email to investor.relations@ka-group.comor during the presentations. The recorded webcast will be available online shortly after the event at: https://www.kongsbergautomotive.com/investor-relations/

Presenter biographies:

Joerg Buchheim, Chief Executive Officer, has more than 20 years of international executive leadership experience in the automotive supply industry. In his previous positions, he successfully shaped a profitable growth path as President and CEO for the automotive roof specialist Inalfa Roof Systems. He also played a pivotal role in profitably growing the Chinese market as President and CEO of HELLA, a leading Tier 1 lighting and electronics company.

Frank Heffter, Chief Financial Officer, recently joined Kongsberg Automotive from OC Oerlikon Corporation, where he was the Head of Group Controlling. He brings over two decades of experience in the energy, automotive, aerospace, mechanical engineering, and healthcare industries. Frank has worked at a number of globally leading companies, including Siemens and McKesson Europe (formerly Celesio). Frank holds a master's degree in Industrial Engineering and Management from the Technical University of Berlin.

Christian Amsel, Chief Technology Officer, recently joined Kongsberg Automotive from Inalfa Roof Systems Group, where he served as CTO and CEO Europe. He has over two decades of experience in research and development of automotive products, including driver assistance radar systems and energy management for electric and hybrid vehicles. He studied electrical engineering at the Technical University of Aachen (RWTH Aachen) and received his Doctor of Engineering degree at the Institute for Automotive Engineering (ika).

Ivar Cedervall Haug, Vice President of R&D Powertrain & Chassis, has been in KA since 1994 in various positions within research and development. Main developments have been within the Powertrain and Transmissions area for both passenger cars and commercial vehicles in addition to vehicle dynamics and off highway responsibilities. He studied mechanical engineering 3 years in Oslo and then 2,5 years at NTH in Trondheim to get his Master of Science degree.

For more information, please contact:

Jakob Bronebakk, Investor Relations Manager – Jakob.bronebakk@ka-group.com / +47 90639637

Therese Sjoborg Skurdal, Communications Director - therese.skurdal@ka-group.com / +47 982 14 059

About Kongsberg Automotive ASA

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 approximately 11,000 employees in 19 countries, Kongsberg Automotive is truly a global supplier. The company has more than 27 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.