Disclosure of shareholding
Reference is made to the stock exchange announcement by Kongsberg Automotive ASA
(the Company) (NO0003033102) regarding, inter alia, issuance of 3,000,000,000
new shares in connection with a subsequent offering in the Company.

Nordea Funds Ltd. holds 1,223,490,085 shares in the Company and will now own
11,71% of the shares outstanding in the Company following the issuance. As
Nordea Funds Ltd. has been delegated the voting discretion of holdings by
Investeringsforeningen Nordea Invest, the aggregated voting rights managed by
Nordea Funds Ltd. amounts to 1,235,931,378 / 11,83%.

Please find further details below.

Major shareholding disclosure	 
Aggregation date:	      31-07-2020
Issuer Name:     	      Kongsberg Automotive ASA
Issuer ISIN:    	      NO0003033102
Disclosure threshold passed:  15%
Changes due to:               New share issue

Shares	 
Total Shares Outstanding (incl. Treasury Shares):	10,447,991,012
Number of shares before transaction:     	        1,223,490,085
Percentage of shares before transaction:         	16,43%
Number of shares after transaction:             	1,223,490,085
Percentage of shares after transaction:          	11.71%

Voting rights	 
Total Voting Rights:                    	10,447,991,012
Number of voting rights before transaction:	1,235,931,378
Percentage of voting rights before transaction:	16.59%
Number of voting rights after transaction:	1,235,931,378
Percentage of voting rights after transaction:	11.83%

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