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Regulatory press release

KOG: Transactions carried out under the share buy-back program for KONGSBERG related to the employee share program

Kongsberg Gruppen
As announced 22 January 2025 KONGSBERG will purchase up to MNOK 360 of own
shares related to the employee share program. With the trades completed in
today's announcement, the purchases related to the employee share program 2025
have been completed.

The number of shares and the average price are adjusted for stock splits.

+-------------------+------------------+-------------------+-------------------+
| Date | Aggregated daily | Weighted | Total |
| | volume | average price | transaction value |
| | (# of shares) | (NOK) | (NOK) |
+-------------------+------------------+-------------------+-------------------+
| 06/03/2025 | 64 000 | NOK 366,49 | NOK 23 455 411 |
+-------------------+------------------+-------------------+-------------------+
| 06/04/2025 | 65 000 | NOK 364,00 | NOK 23 660 312 |
+-------------------+------------------+-------------------+-------------------+
| 06/05/2025 | 57 864 | NOK 381,04 | NOK 22 048 678 |
+-------------------+------------------+-------------------+-------------------+

| Total earlier | 851 500 | NOK 341,56 | NOK 290 835 510 |
| announced | | | |
| buy-back under | | | |
| the program | | | |
+-------------------+------------------+-------------------+-------------------+
| Total purchased | 1 038 364 | NOK 346,70 | NOK 359 999 912 |
| under the program | | | |
+-------------------+------------------+-------------------+-------------------+

See the attached document for information about the individual transaction made
under the employee share program.

After the above-mentioned transactions KONGSBERG owns a total of 1 053 279 own
shares, corresponding to 0.12% of KONGSBERG's share capital.

KONGSBERG (OSE ticker: KOG) is an international knowledge-based group that
supplies high-technology systems and solutions to customers in a wide range of
markets such as defence, security, maritime, energy, aerospace, climate mapping
and subsea technology. KONGSBERG has more than 14 600 employees in more than 40
countries and has a total revenue of NOK 48.9 billion in 2024.
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