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Regulatory press release

KOG: Contemplated issuance of senior unsecured NOK bonds

Kongsberg Gruppen
Kongsberg Gruppen ASA, rated A- (stable) by Nordic Credit Rating, has mandated
Danske Bank and Nordea as Joint Lead Managers to arrange a series of virtual
fixed income investor meetings on 22 May 2023. One or more NOK denominated
senior unsecured fixed and/or floating rate bond issues with tenors of minimum 5
years may follow, subject to inter alia market conditions.

The company will host a Group Investor Call in English at 12:30-13:15 CEST on
Monday 22 May.

Kongsberg Gruppen ASA
Oslo, 22 May 2023

For further information, please contact:
Jan Edvin Pedersen, Group VP Finance & Treasurer, +47 932 61 836,
jan.edvin.pedersen@kog.kongsberg.com
Jan Erik Hoff, Group VP Investor Relations, +47 991 11 916,
jan.erik.hoff@kog.kongsberg.com

Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that
supplies high-tech systems and solutions to customers in the energy, merchant,
navy and defence and aerospace industries. Kongsberg has more than 12,000
employees in 39 countries and had total revenues of NOK 31.8bn in 2022.
Follow us on: kongsberg.com, Facebook, Twitter and LinkedIn
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