Mandatory Notification of Trade for Primary Insiders

Zurich, August 25, 2023: Dzeki Mackinovski, Executive Vice President Purchasing
and primary insider of Kongsberg Automotive ASA has on 24 August 2023 sold
300.000 shares in the company at an average price of NOK 2,273 per share.
Following this transaction, Dzeki Mackinovski now holds 853.850 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.