KONGSBERG has on 3 December 2020 purchased 9,760 own shares at an average price
of NOK 170.70 per share. After the transaction KONGSBERG owns a total of 29,251
own shares under the 2020-21 share buy-back programme. In addition, KONGSBERG
holds 3,372 own shares held for other purposes.

Subject to approval from the 2021 Annual General Meeting repurchased shares pursuant to the programme shall be cancelled. Please refer to KONGSBERG's stock exchange notifications on 30 October and 1. December 2020 for further information about the buy-back programme.

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

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