Kongsberg, September 22, 2025 - Kongsberg Automotive (KA) marks its strategic
investment in Mullsjö and Sweden today with an event attended by Sweden's
Infrastructure Minister Andreas Carlson, as well as representatives from local
and regional partners.

KA has decided to consolidate its Swedish operations-production, development,
and innovation-in Mullsjö. This move establishes a competence center and a
comprehensive environment for innovation and manufacturing, in close
collaboration with authorities, academia, suppliers, and customers.

The initiative forms part of KA's long-term strategy to create value by being a
strong competence partner, developing future-oriented solutions together with
customers. Mullsjö was selected based on its robust technology ecosystem,
established regional relationships, and proximity to strategically important
customers.

Highlights from the event:

  · Official participation and speech by Sweden's Infrastructure Minister
Andreas Carlson
  · Signing of letters of intent with Region Jönköping, Jönköping University,
ALMI, Mullsjö Folk High School, and Mullsjö Municipality
  · Demonstration of KA's advanced Steer-By-Wire technology in a demo vehicle -
test-driven and "approved" by the minister
  · Speeches by KA's President & CEO Trond Fiskum, and regional partners on
building competence and competitive business together

"KA has a long tradition in Sweden, and we have strong confidence in the future
here. We aim to build on the region's technology strengths and customer
relationships and create an attractive environment for employees who want to
work with future technologies in an exciting company. Developing strong
competence in collaboration with local authorities and academia is essential for
success," says Trond Fiskum, President & CEO of KA.

"Kongsberg Automotive's initiative is a good example of how industry, education,
and the public sector can collaborate to drive growth and innovation - not only
in Mullsjö and the region, but across all of Sweden," says Andreas Carlson,
Infrastructure Minister of Sweden.

Media and Communications contact:
Therese Sjöborg Skurdal - Director Group Marketing and Communications
therese.skurdal@ka-group.com
+47 982 14 059

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/)