As announced 19 May 2021 KONGSBERG has placed a non-discretionary agreement with
Danske Bank for the repurchase of KONGSBERG shares for up to NOK 200 million in
the market. The share repurchases started 16 August 2021.

+-------------------+------------------+-------------------+-------------------+
| Date              | Aggregated daily | Weighted          | Total             |
|                   | volume           | average price     | transaction value |
|                   | (# of shares)    | (NOK)             | (NOK)             |
+-------------------+------------------+-------------------+-------------------+
| 01/11/2022        | 5 740            | NOK 283.81        | NOK 1 629 095     |
+-------------------+------------------+-------------------+-------------------+
| 01/12/2022        | 5 650            | NOK 289.96        | NOK 1 638 262     |
+-------------------+------------------+-------------------+-------------------+
| 01/13/2022        | 5 522            | NOK 293.99        | NOK 1 623 411     |
+-------------------+------------------+-------------------+-------------------+
| 01/14/2022        | 5 475            | NOK 290.50        | NOK 1 590 474     |
+-------------------+------------------+-------------------+-------------------+
| 01/17/2022        | 5 555            | NOK 291.65        | NOK 1 620 097     |
+-------------------+------------------+-------------------+-------------------+
| Total  earlier    | 625 491	       | NOK 260.19	   | NOK 162 748 630   |
| announced         |                  |                   |                   |
| buy-back under    |                  |                   |                   |
| the program       |                  |                   |                   |
+-------------------+------------------+-------------------+-------------------+
| Total  purchased  | 653 433          | NOK 261.47        | NOK 170 849 968   |
| under the program |                  |                   |                   |
+-------------------+------------------+-------------------+-------------------+

See the attached document for information about the individual transaction made
under the buy-back program.

KONGSBERG will seek approval from the 2022 Annual General Meeting for
cancellation of the repurchased shares. For further information regarding the
share buy-back program, please see the stock exchange notifications from 6 May
2021 and 19 May 2021.

The buyback program is carried out in accordance with the Market Abuse
Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No
2016/1052 ("Safe Harbour Regulation").

After the above-mentioned transactions KONGSBERG owns a total of 675 392 own
shares, corresponding to 0.38% of KONGSBERG's share capital.

Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that
supplies high-tech systems and solutions to customers in the merchant navy and
oil & gas, defence and aerospace industries. Kongsberg has almost 11,000
employees in 40 countries. Follow us on Twitter: @kongsbergasa.

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