Kongsberg Defence & Aerospace ('KONGSBERG') has signed a contract with the
Danish government for the supply of the Naval Strike Missile Coastal Defence
System (NSM CDS).

The contract, which has a value of more than EUR 100 million, will provide
Denmark with the latest technology and the most modern coastal artillery system
in the world.

"The acquisition will enable Denmark to combat modern naval threats from the
land and will strengthen the country's operational capabilities. In addition, it
will help increase the NSM CDS' overall presence from the Baltic Sea to the
North Sea," says Eirik Lie, President of Kongsberg Defence & Aerospace.

The coastal defence system consists of KONGSBERG's advanced fire control system,
the NSM missile and launch pads. Denmark signed a contract for NSM missiles for
its frigates earlier this year.

"Denmark's choice confirms NSM CDS's position as the leading land-based and
mobile coastal artillery solution for NATO allies," said Kjetil R. Myhra,
Executive Vice President Defence Systems, Kongsberg Defence & Aerospace.

With the acquisition, Denmark becomes the 5th nation to acquire the coastal
artillery system in NATO, and includes Poland, the USA/US Marine Corps, Romania
and Latvia.

Kongsberg Gruppen ASA (OSE ticker: KOG) is an international knowledge-based
group delivering high-tech systems and solutions to customers across a wide
range of markets including defence, security, maritime, energy, aerospace,
climate, and subsea technology. Kongsberg Gruppen ASA has more than 15,000
employees in 40 countries and recorded total revenues of NOK 48.9 billion in
2024. 

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