Transactions carried out under the share buy-back program for KONGSBERG related to the employee share program

As announced 23 December 2020 and 12 March 2021 KONGSBERG will purchase up to MNOK 320 of own shares related to the employee share program.

The stock exchange notice dated 12 March 2021 stated that shares for a value of NOK 315 million were to be purchased from 12 March

+-------------------+------------------+-------------------+-------------------+
| Date | Aggregert daily | Weighted price | Total |
| | volume | average price | transaction value |
| | (# of shares) | (NOK) | (NOK) |
+-------------------+------------------+-------------------+-------------------+
| 04/14/2021 | 38 000 | NOK 207.98 | NOK 7 903 050 |
+-------------------+------------------+-------------------+-------------------+
| 04/15/2021 | 38 329 | NOK 207.61 | NOK 7 957 576 |
+-------------------+------------------+-------------------+-------------------+
| 04/16/2021 | 33 671 | NOK 208.39 | NOK 7 016 696 |
+-------------------+------------------+-------------------+-------------------+
| 04/19/2021 | 38 479 | NOK 207.69 | NOK 7 991 881 |
+-------------------+------------------+-------------------+-------------------+
| Total earlier | 547 000 | NOK 194.12 | NOK 106 184 417 |
| announced | | | |
| buy-back under | | | |
| the program | | | |
+-------------------+------------------+-------------------+-------------------+
| Total purchased | 695 479 | NOK 197.06 | NOK 137 053 620 |
| under the program | | | |
+-------------------+------------------+-------------------+-------------------+

See the attached document for information about the individual transaction made under the employee share program.

After the above-mentioned transactions KONGSBERG owns a total of 1 277 801 own shares, corresponding to 0.7% of KONGSBERG's share capital. Out of these 578 262 shares are related to the buy-back of shares for cancelation where the cancelation of shares will have to be approved by the General Meeting on 6 May 2021.

Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that supplies high-tech systems and solutions to customers in the merchant navy and oil & gas, defence and aerospace industries. Kongsberg has almost 11,000 employees in 40 countries. Follow us on Twitter: @kongsbergasa.