Business Update Q1 2022

KONGSBERG Business update Kongsberg Defence & Aerospace • • • • KAMS fully operational ready for repair and overhaul of F135 engines MoU signed with Navantia for support and modernization of Norway's F-310 frigates Australia approves purchase of Naval Strike Missiles for their destroyers and frigates New satellite capacity for maritime surveillance launch together with Norwegian Defence Research Establishment (FFI) Component shortage delays RWS deliveries. WORLD CLASS - Through people, technology and dedication KONGSBERG PROPRIETARY - See Statement of Proprietary information 6

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