Kongsberg Automotive- Notice of Extraordinary General Meeting

Kongsberg, November 29, 2024: Kongsberg Automotive ASA (KA) will hold an Extraordinary General Meeting on December 20, 2024, at 10:00 (CET). The Notice for the Extraordinary General Meeting with appendices is attached, and will also be made available on the company's website: http://www.kongsbergautomotive.com

The meeting will be conducted digitally. Further information about digital attendance is included in the Notice of Extraordinary General Meeting.

The shareholders propose that the following individuals be elected as new members of the Board:

Olav Volldal (Chair of the Bord of Directors): Olav Volldal was KA’s first President & CEO, a position he held for 25 years. Volldal brings extensive experience from the automotive industry and holds deep knowledge of the company and its core business, representing an important reconnection to the company's Norwegian roots. In addition to his executive career, he has held several board positions.

Bård Klungseth: Bård Klungseth was the former COO of KA and holds 17 years of experience with the company. Klungseth brings wide knowledge and experience from the automotive industry and currently serves as the CEO of DEFA Group.

Synnøve Gjønnes: Synnøve Gjønnes is a financial adviser with more than 10 years of experience in equity analysis, corporate finance and portfolio management. Gjønnes served as a portfolio manager at KLP and was a member was also a member of KA’s Nomination Committee (2019-2022).

The following Board members, elected in 2023, are proposed to continue in their roles as directors:

• Brian Kristoffersen
• Junyang Shao

The shareholders have proposed the election of the following individuals as new members of the Nomination Committee:

• Arild Christoffersen (Chair of the Nomination Committee)
• Endre Kolbjørnsen (member)

The following member of the Nomination Committee, elected in 2023, is proposed to continue in his role:

• Tore Vik (member)
   

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. 

Link for registration and voting proxy through VPS: https://investor.vps.no/gm/logOn.htm?token=d4f8d48b581b00d77e94542d46868cddf7322350&validTo=1737277200000&oppdragsId=20241129VPH55DU0