Kongsberg Defence & Aerospace ('KONGSBERG') has signed a contract with the
government of Denmark for the delivery of National Advanced Surface-to-Air
Missile System (NASAMS) air defence. The EUR 500 million contract will provide
Denmark with the latest technology and the most modern and advanced air defence
capability in the world.

"With this procurement Denmark will significantly enhance the country's
operational capabilities and the ability to effectively combat modern air
threats, and furthermore strengthen the overall NASAMS air defence presence in
the Nordic region," said Eirik Lie, President of Kongsberg Defence & Aerospace.

The NASAMS system consists of Raytheon's radar and advanced missile variants, as
well as KONGSBERG's Fire Distribution Center (FDC) and multi-missile launchers.

NASAMS can employ a mix of missiles in addition to the AMRAAM. The
AMRAAM-Extended Range and AIM-9X Sidewinder provides both longer- and
shorter-range capability.  

"The Danish selection underscores NASAMS' position as the world leading mobile
medium range integrated air defence solution for NATO allies," says Kjetil R.
Myhra, Executive Vice President of Division Defence Systems in KONGSBERG.

NASAMS' modularity and open architecture enable the continuous introduction of
new technology, which ensures that the system can adapt to new threats and
missions throughout its lifetime. NASAMS is the market's most flexible solution
covering a wide range of air defence missions and growth potential for long
range air defence and anti-tactical ballistic missiles as part of the NASAMS
architecture.

With this procurement Denmark becomes the 14th NASAMS user nation, and the 8th
nation in NATO.

This announcement contains inside information pursuant to the EU Market Abuse
Regulation (MAR) and is subject to disclosure requirements under the Norwegian
Securities Trading Act § 5-12. The information was submitted for publication by
Jan Erik Hoff, Group Vice President Investor Relations, on behalf of Kongsberg
Gruppen ASA on 27 November 2025 at 15:15 CET. About Kongsberg Gruppen ASA 

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. 

Follow us at: kongsberg.com, LinkedIn and X.