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Regulatory press release

KOA: Kongsberg Automotive plants to function as usual following an agreement reached in the Norwegian national strike

Kongsberg Automotive
Zurich, April 20, 2023: Following an agreement reached between the Norwegian
United Federation of Trade Unions and Federation of Norwegian Industries,
Kongsberg Automotive employees organized in Fellesforbundet and FLT at Raufoss
and Hvittingfoss have called off the announced national labor union strike,
which was to come into effect from April 21, 2023.

The preperation for the strike has not led to any loss of revenues for KA. The
operational impact is also limited.

IR & Media Contact:
Mads Langaard
mads.langaard@ka-group.com
+47 905 81 264

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 (https://www.kongsbergautomotive.com/)
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  • Bredgade 23B, 2. sal
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