Zurich, April 20, 2023: Following an agreement reached between the Norwegian United Federation of Trade Unions and Federation of Norwegian Industries, Kongsberg Automotive employees organized in Fellesforbundet and FLT at Raufoss and Hvittingfoss have called off the announced national labor union strike, which was to come into effect from April 21, 2023.

The preperation for the strike has not led to any loss of revenues for KA. The operational impact is also limited.

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About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle industry. We drive the global transition to sustainable mobility by putting engineering, sustainability, and innovation into practice. Our product portfolio includes driver and motion control systems, fluid assemblies, and industrial driver interface products. Find more information at: kongsbergautomotive.com