As announced 4 January 2024 and 20 March 2024 KONGSBERG will purchase up to MNOK
360 of own shares related to the employee share program. 

The stock exchange notice dated 20th of March 2024 stated that shares for a
value of NOK 360 million were to be purchased from 20th of March 2024. With the
transactions announced today the buy-back program related to the employee share
program 2024 are completed.

+-------------------+------------------+-------------------+-------------------+
| Date              | Aggregated daily | Weighted          | Total             |
|                   | volume           | average price     | transaction value |
|                   | (# of shares)    | (NOK)             | (NOK)             |
+-------------------+------------------+-------------------+-------------------+
| 06/12/2024        | 17 000           | NOK 917.54        | NOK 15 598 221    |
+-------------------+------------------+-------------------+-------------------+
| 06/13/2024        | 13 921           | NOK 928.03        | NOK 12 919 071    |
+-------------------+------------------+-------------------+-------------------+
| Total  earlier    | 375 000          | NOK 883.95        | NOK 331 481 895   |
| announced         |                  |                   |                   |
| buy-back under    |                  |                   |                   |
| the program       |                  |                   |                   |
+-------------------+------------------+-------------------+-------------------+
| Total  purchased  | 405 921          | NOK 886.87        | NOK 359 999 186   |
| 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 418,321 own
shares, corresponding to 0.24% of KONGSBERG's share capital.

KONGSBERG (OSE ticker: KOG) is an international, knowledge-based group that
supplies high-technology systems and solutions to customers in a wide range of
markets such as defence, security, maritime, energy, aerospace, climate mapping
and subsea technology. KONGSBERG has more than 13,500 employees in 39 countries
and has a total turnover of NOK 40.6 billion in 2023.

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