As announced May 13, 2022 Kongsberg Automotive ASA put in place a non-discretionary agreement with Danske Bank for the repurchase of Kongsberg Automotive shares for up to 10% of its outstanding shares in the market. The share repurchases started May 19, 2022.

Date Aggregated Daily Volume (# of Shares) Weighted Average Price (NOK) Total Transaction Value(NOK)
27 September 2022 671.543 2,24 1.506.808
28 September 2022 670.329 2,16 1.450.324
29 September 2022 690.250 2,21 1.523.934
30 September 2022 707.042 2,17 1.534.776
03 October 2022 691.931 2,16 1.492.288
Total Purchased under the Program (as of September 26, 2022) 52.526.089 2,56 134.679.553
Total Purchased under the Program (as of October 03, 2022) 55.957.184 2,54 142.187.682


See the attached document for information about the individual transaction made under the buy-back program.

Kongsberg Automotive will seek approval from the 2023 Annual General Meeting for cancellation of the repurchased shares. For further information regarding the share buy-back program, please see the stock exchange notifications from May 13, 2021.

The buyback program is carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052 ("Safe Harbour Regulation").

After the above-mentioned transactions Kongsberg Automotive owns a total of 55.946.685 own shares, corresponding to 5.30% of Kongsberg Automotive's share capital.

About Kongsberg Automotive ASA

Kongsberg Automotive provides cutting-edge technology to the global vehicle industry. We drive the global transition to sustainable mobility by putting engineering, sustainability, and innovation into practice. Our product portfolio includes driver and motion control systems, fluid assemblies, and industrial driver interface products. Find more information at: kongsbergautomotive.com

Media contact:
Therese Sjoborg Skurdal
therese.skurdal@ka-group.com
+47 982 14 059

Investor relations contact:
Mads Langaard
mads.langaard@ka-group.com
+47 905 81 264

http://publish.ne.cision.com//Release/ViewReleaseHtml/8EB524FD2BF0D090E0C856B0705FC7D6

https://mb.cision.com/Main/1438/3641750/1633951.pdf

https://mb.cision.com/Public/1438/3641750/8f831093492f1842.pdf

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