Business Update Q1 2022

KONGSBERG Strong order intake and increased backlog in KM Order intake (BNOK) Rolling 12m order intake 15.2 4.1 19.8 5.9 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Increased order intake in all product divisions and aftermarket . Aftermarket up ~54% since Q3 2020 WORLD CLASS - Through people, technology and dedication Order backlog (BNOK, %) 11.5 1.5 +26% 14.5 2.4 2024 → 3.9 2023 3.0 8.2 2022 7.0 Q1 21 Q1 22 Increase in "long backlog" due to increased lead times and project mix Limited share of aftermarket orders in backlog KONGSBERG PROPRIETARY - See Statement of Proprietary information 13

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