Kongsberg Automotive officially opens new state-of-the-art office in Dortmund

Zurich, September 28, 2022: Kongsberg Automotive (KA) officially opened its
Dortmund, Germany office with a ceremony today. This office, registered under
the Kongsberg Automotive GmbH entity, is a step toward the company growing its
global footprint and is in line with KA's strategy to be one of the top three
providers of mobility solutions.

The new Dortmund office is a strategic placement in the automotive and mobility
hub with direct access to major commercial vehicles and off-highway
customers. Situated by the Phoenix Lake in a modern facility alongside company
leaders, KA's Dortmund office will host key corporate functions such as Business
Development, Product Portfolio and Marketing Management, and Purchasing, and
will be an attractive center to nurture and grow new talent.

This attractive location with modern facilities places us strategically closer
to our customers to develop, and support our innovation and growth plan,
especially in the new and emerging markets," says Joerg Buchheim, President &
CEO of KA.

The Dortmund office will allow KA to explore key areas, strengthen the company's
business, foster customer relations, and create new opportunities.

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: www.kongsbergautomotive.com

Media
contact:

Therese Sjoborg Skurdal
therese.skurdal@ka-group.com
+47 982 14 059

Investor Relations:
Mads Langaard
mads.langaard@ka-group.com
+47 905 81 264
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