Kongsberg Aviation Maintenance Services (KAMS) has entered into contracts with
Leonardo for maintenance services for the Norwegian fleet of SAR Queen / AW101
Search & Rescue helicopters in the period 2022-2026.

The agreements cover logistics services to be delivered from KAMS headquarters
at Kjeller, as well as maintenance services to be delivered to the SAR bases at
Sola, Ørland, Bodø, Banak, Florø and Rygge when the SAR Queen helicopters
gradually will replace the Sea King helicopters.

The contracts have a total value of approximately 260 MNOK, and represent
continuation of a framework agreement for maintenance services entered into in
2016.

«We are pleased with the continued trust from Leonardo, which enables us to
contribute to the high operational availability of the Search & Rescue Service
in Norway, as we have done for the past 50 years. We look forward to further
developing the collaboration with Leonardo and the Search & Rescue Service in
Norway in the years to come, "says Atle Wøllo, President of KAMS.

For further information:
Ronny Lie, Chief Communication Officer, (+47) 91 61 07 98
Jan Erik Hoff, Group Vice President Investor Relations, (+47) 99 11 19 16

KONGSBERG (OSE-ticker: KOG) is an international, leading global technology
corporation delivering mission-critical systems and solutions with extreme
performance for customers that operate under extremely challenging conditions.
We work with nations, businesses and research environments to push the
boundaries of technology development in industries such as space, offshore and
energy, merchant marine, defence and aerospace, and more. KONGSBERG has about
11,000 employees located in more than 40 countries, creating a total revenue of
NOK 25.6bn in 2020.
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