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Regulatory press release

KOA: Trond Fiskum to take office as Kongsberg Automotive's President & CEO on March 31, 2025

Kongsberg Automotive
Kongsberg March 14, 2025: Trond Fiskum, the new President & CEO of Kongsberg
Automotive (KA), will assume his role at the company's headquarters in Kongsberg
on March 31, 2025. He was appointed by KA's Board of Directors on January 29,
2025 (https://www.kongsbergautomotive.com/media-news/press-releases/2025/trond
-fiskum-appointed-new-ceo-of-kongsberg-automotive-asa/).

Fiskum has spent a decade (2005-2015) in various leadership positions in KA, and
was based both in Norway and Brazil. He led key restructuring and strategy
roles, including as a member of the Executive Committee and the Head of Strategy
and Business Development. He holds an MSc from NTNU and an MBA from ESADE.
Fiskum returns to KA from HMH, a drilling solutions provider, where he served as
the Vice President, South America.

Investor relations and media contacts:
Therese Sjöborg Skurdal - Director Group Marketing &?Communications
therese.skurdal@ka-group.com
+47 982 14?059
investor.relations@ka-group.com

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:?www.kongsbergautomotive.com
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