As announced on4 January 2024 ,KONGSBERG has awardedDNB Markets (DNB) a mandate to purchase share for an amount up to MNOK 360KONGSBERG shares. The mandate is valid from21 March 2024 . Approx. 6 000 employees have signed up for the share programme for a total amount of about MNOK 440. KONGSBERGs maximum limit for the program was MNOK 360 and the total allocation will be reduced to this amount. DNB will start the purchase of shares totalling MNOK 360 on21 March 2024 according to safe harbour regulations. The purchases will be carried out in accordance with the mandate given by theGeneral Assembly . The current mandate, given by theGeneral Assembly on11 May 2023 , limits the purchase of shares to a price between50 NOK and700 NOK per share. The shares will be transferred to the employees who have chosen to participate immediately after the completion of the purchases. The number of shares the participants will be allocated will be based on the average price the shares are purchased for and will be decided after the purchases are completed. DNB will make its decisions related to the purchase of the shares, regardless of -and without influence fromKONGSBERG withs regard to the time of purchase. The following primary insiders** have signed up for the program*. Mette Toft Bjørgen - 76200 NOK Eirik Lie - 76200 NOK Lisa Edvardsen Haugan - 76200 NOK Martin Wien Fjell - 76200 NOK Even Aas - 76200 NOK Rune Fanøy - 64000 NOK Oda Ellingsen - 76200 NOK Kjersti Rød - 76200 NOK Vegard Ryen Skullerud - 76200 NOK Sverre Thorsø - 48000 NOK Sindre Eirik Marthasson Martinsen - 76200 NOK Thomas Evensen - 76200 NOK Berit Floor Lund - 76200 NOK Cathrine Bjerkan Aarvik - 32000 NOK *The value is prior to 25 % discount. The number of shares the employees will receive will be based on the average purchase price in the market and will be announced on the day of the transferee. Participants that signed up for the maximum amount will after reduction due to over-subscription be receive shares with a total value ofNOK 76 200. ** The company's Chief Executive Officer does not have access to participate Prior to the above-mentioned transactionsKONGSBERG owns a total of 33 211 own shares, corresponding to 0.18 % ofKONGSBERG's share capital.KONGSBERG (OSE ticker: KOG) is an international, knowledge-based group that supplies high-technology systems and solutions to customers in a wide range of markets such as defence, security, maritime, energy, aerospace, climate mapping and subsea technology.KONGSBERG has more than 13,500 employees in 39 countries and has a total turnover ofNOK 40.6 billion in 2023. Follow us at: kongsberg.com, Facebook, Twitter and LinkedIn
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