Business Update Q1 2022

KONGSBERG Continued revenue growth in KDA Revenue (BNOK) Rolling 12m revenue 8.9 2.3 10.2 EBITDA (BNOK, %) 23.5% 20.0% 20.9% 20.4% 20.0% 18.6% 0.46 2.5 0.47 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Revenue increased 5 % compared to Q1 2021 Rolling 12 month revenue increased 14% compared to Q1 2021 WORLD CLASS - Through people, technology and dedication Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 EBITDA impacted by; NOK 37m in extraordinary employee appreciation KONGSBERG PROPRIETARY - See Statement of Proprietary information 17

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