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Regulatory press release

KOG: Increase in Revenue and Solid Profitability

Kongsberg Gruppen
9 July 2025 - KONGSBERG (OSE: KOG) delivers solid revenue growth of 20 per cent
compared to the second quarter of 2024. All business areas increased their
operating revenues compared to Q2 2024. The growth was mainly driven by higher
delivery volumes for missiles and air defence from the defence segment,
solutions for the newbuild market in the maritime sector and high activity
related to deliveries of subsea technology.

"We are experiencing strong demand for our products, delivering a 20 per cent
increase in revenues and solid profitability also in Q2. Despite operating in a
world impacted by escalating conflicts and evolving framework conditions,
KONGSBERG, with over 210 years of history, has consistently navigated through
changing market environments. Our achievements over the past year demonstrate
our ability to develop sought-after solutions in a dynamic world," says Geir
Håøy, President and CEO of KONGSBERG.

Highlights and Key Figures
o MNOK 13,899 in revenues, 20 per cent growth from Q2 2024
o All business areas increased their operating revenues compared to Q2 2024
o Order intake in Q2 was MNOK 18,184, compared to MNOK 17,278 in the same
quarter last year
o Kongsberg Defence & Aerospace signed Germany (NOK 6,5 billion) as the fifth
customer for the Joint Strike Missile
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