Business Update Q1 2022

KONGSBERG (BNOK) 2.2 0.57 Rolling 12m revenue EBIT EBIT & investments 2.8 • Comments Investing for growth and capacity; • NOK 152m in PPE investments • NOK 71m in capitalized R&D 0.52 Expecting increased investment in capacity going forward Updated targets will be presented on CMD 2 June Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 WORLD CLASS - Through people, technology and dedication KONGSBERG PROPRIETARY - See Statement of Proprietary information 11 11

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