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Capital reduction completed, cancellation of own shares

KONGSBERG’s Annual General Meeting (“AGM”) resolved on 6 May 2021 to reduce the company's share capital by NOK 1,445,773.75 from NOK 224,987,581.25, through cancellation and redemption of 1,156,619 shares.

The Register of Business Enterprises (NO: “Foretaksregisteret”) registered the capital reduction on 10 May 2021. The subsequent six-week creditor deadline has expired, and the capital reduction has been completed in accordance with the AGM decision.

Following the capital reduction, the share capital of KONGSBERG is NOK 223,541,807.50, divided into 178,833,446 shares of NOK 1.25 each. KONGSBERG holds 22.759 own shares following the cancellation of 578,262 treasury shares arising from the 2020-2021 share buy-back programme. This information is subject to the disclosure requirements set out in § 5-8 of the Securities Trading Act.