Oslo, May 23, 2025: Kongsberg Automotive ASA (KA) held its Annual General
Meeting today.

At the General Meeting, all but one of the current members of KA's Board of
Directors were re-elected. One new member, nominated by the Nomination Committee
in its proposal of April 30, 2025, was elected to the Board.
Following the election, the Board of Directors of KA now consists of the
following shareholder-elected members:

  · Olav Volldal (re-elected)
  · Bård Klungseth (re-elected)
  · Synnøve Gjønnes (re-elected)
  · Brian Kristoffersen (re-elected)
  · Ulla-Britt Fräjdin-Hellqvist (newly elected)

The employees have elected the following directors to the Board:

  · Siw Reidun Wærås
  · Hilde Yvonne Beggerud
  · Ørjan Langnes

The new Board of Directors re-elected Olav Volldal as Chair of the Board of
Directors and Bård Klungseth as Deputy Chair immediately after the Annual
General Meeting.

Additionally, the company's Nomination Committee remains unchanged and consists
of:

  · Arild Christoffersen (Chair of the Nomination Committee)
  · Endre Kolbjørnsen
  · Tore Vik

All proposals submitted to the AGM were approved.

Minutes from the extraordinary general meeting is attached and will also be made
available on KA's website: https://www.kongsbergautomotive.com (https://secure
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automotive.com%2F)

This information is subject to the disclosure requirements pursuant to Section 5
-12 the Norwegian Securities Trading Act.

Media and communications contact:
Therese Sjöborg Skurdal - Director, Group Marketing and Communications
[email protected]
+47 982 14 059

Investor Relations contact:
[email protected]

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:?kongsbergautomotive.com (https://www.kongsbergautomotive.com/)