As announced 13 May 2022 KONGSBERG has placed a non-discretionary agreement with
Danske Bank for the repurchase of KONGSBERG shares for up to NOK 250 million in
the market. The share repurchases started 20 June 2022.

+-------------------+------------------+-------------------+-------------------+
| Date              | Aggregated daily | Weighted          | Total             |
|                   | volume           | average price     | transaction value |
|                   | (# of shares)    | (NOK)             | (NOK)             |
+-------------------+------------------+-------------------+-------------------+
| 12/27/2022        | 3 770            | NOK 417,23        | NOK 1 572 940     |
+-------------------+------------------+-------------------+-------------------+
| 12/28/2022        | 3 829            | NOK 419,57        | NOK 1 606 524     |
+-------------------+------------------+-------------------+-------------------+
| 12/29/2022        | 3 821            | NOK 418,46        | NOK 1 598 950     |
+-------------------+------------------+-------------------+-------------------+
| 12/30/2022        | 3 812            | NOK 417,25        | NOK 1 590 558     |
+-------------------+------------------+-------------------+-------------------+
| Total  earlier    | 638 099 	       | NOK 354,91        | NOK 226 465 812   |
| announced         |                  |                   |                   |
| buy-back under    |                  |                   |                   |
| the program       |                  |                   |                   |
+-------------------+------------------+-------------------+-------------------+
| Total  purchased  | 653 331 	       | NOK 356,38        | NOK 232 834 784   |
| under the program |                  |                   |                   |
+-------------------+------------------+-------------------+-------------------+

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

KONGSBERG 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 13 May
2022.

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 owns a total of 693.610 own
shares, corresponding to 0.39% of KONGSBERG's share capital.

This information is subject to the disclosure requirements pursuant to §5-12 of
the Norwegian Securities Trading Act and requirements under the EU Market Abuse
Regulation.

Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that
supplies high-tech systems and solutions to customers in the energy, merchant,
navy and defence and aerospace industries. Kongsberg has more than 12,000
employees in 40 countries and a total revenue of NOK 27.5bn in 2021.
Follow us on: kongsberg.com, Facebook, Twitter and LinkedIn

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange