As announced 19 May 2021 KONGSBERG has placed a non-discretionary agreement with
Danske Bank for the repurchase of KONGSBERG shares for up to NOK 200 million in
the market. The share repurchases started 16 August 2021.

+-------------------+------------------+-------------------+-------------------+
| Date              | Aggregated daily | Weighted          | Total             |
|                   | volume           | average price     | transaction value |
|                   | (# of shares)    | (NOK)             | (NOK)             |
+-------------------+------------------+-------------------+-------------------+
| 01/04/2022        | 5 607            | NOK 290.77        | NOK 1 630 352     |
+-------------------+------------------+-------------------+-------------------+
| 01/05/2022        | 5 570            | NOK 288.88        | NOK 1 609 034     |
+-------------------+------------------+-------------------+-------------------+
| 01/06/2022        | 5 637            | NOK 288.47        | NOK 1 626 109     |
+-------------------+------------------+-------------------+-------------------+
| 01/07/2022        | 5 581            | NOK 286.55        | NOK 1 599 209     |
+-------------------+------------------+-------------------+-------------------+
| 01/10/2022        | 5 618            | NOK 284.29        | NOK 1 597 147     |
+-------------------+------------------+-------------------+-------------------+
| Total  earlier    | 597 478	       | NOK 258.90	   | NOK 154 686 778   |
| announced         |                  |                   |                   |
| buy-back under    |                  |                   |                   |
| the program       |                  |                   |                   |
+-------------------+------------------+-------------------+-------------------+
| Total  purchased  | 625 491          | NOK 260.19        | NOK 162 748 630   |
| under the program |                  |                   |                   |
+-------------------+------------------+-------------------+-------------------+


See the attached document for information about the individual transaction made
under the buy-back program.

KONGSBERG will seek approval from the 2022 Annual General Meeting for
cancellation of the repurchased shares. For further information regarding the
share buy-back program, please see the stock exchange notifications from 6 May
2021 and 19 May 2021.

The buyback program is carried out in accordance with the Market Abuse
Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No
2016/1052 ("Safe Harbour Regulation").

After the above-mentioned transactions KONGSBERG owns a total of 647 450 own
shares, corresponding to 0.36% of KONGSBERG's share capital.

Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that
supplies high-tech systems and solutions to customers in the merchant navy and
oil & gas, defence and aerospace industries. Kongsberg has almost 11,000
employees in 40 countries. Follow us on Twitter: @kongsbergasa.

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