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Regulatory press release

KOA: Mandatory Notification of Trade for Primary Insiders

Kongsberg Automotive
Zurich, November 23, 2023: Dzeki Mackinovski, Executive Vice President
Purchasing and primary insider of Kongsberg Automotive ASA has on November 22,
2023 sold 309.027 shares in the company at an average price of NOK 2,14 per
share. Following this transaction, Dzeki Mackinovski now holds 36.139 shares in
Kongsberg Automotive ASA.

This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities
Trading Act.
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