Business Update Q1 2022

KONGSBERG 15% growth in revenue and 33% growth in recurring revenue in Q1 (MNOK) Rolling 12m Key figures Recurring Revenues revenues 806 192 874 221 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 294 77 372 102 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 WORLD CLASS - Through people, technology and dedication KONGSBERG PROPRIETARY - See Statement of Proprietary information ☐ Highlights Revenue growth in all divisions Recurring revenue increased 33% from Q1 2021 to Q1 2022 Energy major signed up four additional assets in April ■ Strong demand for Vessel Insight with several new fleet contracts signed in the quarter 19

View entire presentation