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Regulatory press release

KOG: Norwegian Defence Materiel Agency and KONGSBERG extend contract to upgrade F-16 combat aircraft for sale to Romania

Kongsberg Gruppen
The Norwegian Defence Materiel Agency (NDMA) has extended and expanded its
contract with Kongsberg Aviation Maintenance Services to overhaul and make ready
for sale a total of 32 F-16 combat aircraft. The agreement also includes
technical assistance and support for the training of Romanian technical
personnel. The contract value is above 700 MNOK.

"This agreement is important to be able to carry out the sale of the F-16 combat
aircraft to Romania. The Norwegian F-16s are among the best maintained in the
world, and central to this work has been the ongoing maintenance and upgrades
that Kongsberg Aviation Maintenance Services deliver. I'm therefore confident
that our aircraft will serve Romania well for years to come," says Gro Jære,
Director General of the Norwegian Defence Material Agency.

The F-16 combat aircraft will be returned to operating status and then
maintained so that they are ready for service again. Kongsberg Aviation
Maintenance Services has 40 years of experience in maintaining, repairing and
upgrading Norway's F-16 fleet.

"This agreement confirms our position as a partner and supplier of maintenance
services to the Norwegian defense sector and our allies. This agreement secures
and further develops important national expertise in fighter aircraft
maintenance in Norway, which in turn will be valuable for the support and
maintenance of F-35 aircraft in the future," says Atle Wøllo, President of
Kongsberg Aviation Maintenance Services.

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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