Mandatory notification of trade

KONGSBERG has on 16 April 2019 purchased 8,000 own shares at an average price of NOK 124.8193 per share. After this, KONGSBERG owns a total of 723,869 own shares.

The purchase of shares is part of the share buy-back program announced on 21 February 2019, in connection with a share program for employees and long-term incentive (LTI) program for executive managers. The share buy-back program consists of up to 1 000 000 own shares.

For further information about the share buy-back program, KONGSBERG refers to the Oslo Stock Exchange notification made on 21 February 2019 (available from www.newsweb.no).

This information is subject to disclosure requirements pursuant to §4-2 and §5-12 of the Norwegian Securities Trading Act.