As announced 5 January 2022 and 11 March 2022 KONGSBERG will purchase up to MNOK
320 of own shares related to the employee share program. 

The stock exchange notice dated 11 March 2022 stated that shares for a value of
NOK 316 million were to be purchased from 25 March

+-------------------+------------------+-------------------+-------------------+
| Date              | Aggregated daily | Weighted price    | Total             |
|                   | volume           | average price     | transaction value |
|                   | (# of shares)    | (NOK)             | (NOK)             |
+-------------------+------------------+-------------------+-------------------+
| 05/02/2022        | 19 819           | NOK 403.50        | NOK 7 996 873     |
+-------------------+------------------+-------------------+-------------------+
| 05/03/2022        | 19 181           | NOK 406.53        | NOK 7 797 719     |
+-------------------+------------------+-------------------+-------------------+
| 05/04/2022        | 15 000           | NOK 417.54        | NOK 6 263 034     |
+-------------------+------------------+-------------------+-------------------+
| 05/05/2022        | 18 000           | NOK 414.24        | NOK 7 456 336     |
+-------------------+------------------+-------------------+-------------------+
| 05/06/2022        | 20 000           | NOK 407.11        | NOK 8 142 226     |
+-------------------+------------------+-------------------+-------------------+
| Total  earlier    | 360 000          | NOK 372.14        | NOK 133 968 816   |
| announced         |                  |                   |                   |
| buy-back under    |                  |                   |                   |
| the program       |                  |                   |                   |
+-------------------+------------------+-------------------+-------------------+
| Total  purchased  | 452 000          | NOK 379.70        | NOK 171 625 004   |
| 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 1,234,343 own
shares, corresponding to 0.69% of KONGSBERG's share capital. Out of these
760,125 shares are related to the buy-back of shares for cancelation where the
cancelation of shares will have to be approved by the General Meeting on 11 May
2022.

Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that
supplies high-tech systems and solutions to customers in the merchant navy and
oil & gas, defence and aerospace industries. Kongsberg has almost 11,000
employees in 40 countries. Follow us on Twitter: @kongsbergasa.