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Regulatory press release

Correction: Kongsberg Automotive releases Annual Report 2024

Kongsberg Automotive
Correction: The below stock market announcement is a correction of the
announcement published on March 27, 2025, message ID 642301. The reason for the
correction is the naming of the ESEF file that has been updated to be in the
standard format of 5967007LIEEXZXJDCG21-2024-12-31-en. The name of the attached
ESEF file has been updated to reflect the change.

***
Kongsberg, March 27, 2025: Kongsberg Automotive (KA) announces the publication
of its Annual Report 2024.

The Annual Report 2024 is available on KA's
website (http://www.kongsbergautomotive.com) and as an attachment to this
release.

Investor relations and media contacts:
investor.relations@ka-group.com
Therese Sjöborg Skurdal - Director Group Marketing & Communications
therese.skurdal@ka-group.com
+47 98214059

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
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