Mandatory notification of Trade - Primary Insiders

Bob Riedford, President Powertrain & Chassis and primary insider of Kongsberg
Automotive ASA has on 11 November 2021 purchased 77,100 shares in the company at
an average purchase price of NOK 2,83. Following this transaction, Bob Riedford
holds 312,302 shares in Kongsberg Automotive ASA.

This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities
Trading Act.