Teleios Global Opportunities Master Fund Ltd managed by Teleios Capital Partners LLC ("Teleios"), represented on the board of directors of Kongsberg Automotive ASA ("KOA") has on 29 January 2021, subscribed to and been allocated 7 shares as part of a total issue of 7 shares through a Private Placement approved by KOA’s shareholders at an Extraordinary General Meeting held on 29 January 2021. The subscription price is NOK 0.10 per share.
Consequently, Teleios controls through Teleios Global Opportunities Master Fund, Ltd. 2,269,246,765 shares and votes in KOA, corresponding to 21.51% of the issued share capital.