Kongsberg Automotive Holding ASA Kongsberg Automotive has been awarded a contract from Club Car, a top rated golf car manufacturer in the US.

The contract covers delivery of pedal systems and cables for the Precedent Golf Car. Club Car is the world's leader in golf vehicle production for both Gas and Electric vehicles, as well as the largest electric vehicle producer in the world.

The new pedal system from Kongsberg Automotive is engineered to give golfers a smooth and safe driving experience, featuring a combination of innovative design and advanced assembly techniques. The product launch enhances Club Car's Precedent Q2 launch which has incorporated several product improvements to the overall golf car. Production is planned to begin this summer.

"The Club Car Precedent is well-known to golfers around the world", says Jim Ryan, President for Power Products Systems at Kongsberg Automotive. "The car is famous for its performance, comfort and elegance. With this contract, we prove once again that we are able to serve the high demands of a strong global brand. Market insight, customer proximity, innovation and internal efficiency are the key, he concludes.

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Kongsberg Automotive is headquartered in Kongsberg, Norway and has more than 50 facilities in 20 countries on all continents. Kongsberg Automotive, with revenues of about EUR1 billion and over 11,000 employees, provides system solutions to vehicle makers around the world. The product portfolio includes gearshift systems, cables for a wide variety of applications, fuel lines, tubing and hoses, couplings, clutch actuation, stabilizing rods, seat heaters, seat ventilation, lumbar supports, head restrains, arm rests, steering columns, pedals, electronics and displays. Find more information at www.kongsbergautomotive.com.

Club Car is an Ingersoll Rand company. Ingersoll Rand is a global diversified industrial firm providing products, services and solutions to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties, and enhance industrial productivity and efficiency. Driven by a 100-year-old tradition of technological innovation, we enable companies and their customers to create progress.

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For further information, please contact:

Jim Ryan President, Power Product Systems Ph: +1 936 856 8773 e-mail: jim.ryan@ka-group.com

Ronny Lie Director, Corporate Communication Ph: +47 32 77 05 11 / +47 916 10 798 e-mail: ronny.lie@ka-group.com

Kongsberg Automotive Holding ASA

http://www.kongsbergautomotive.com

ISIN: NO0003033102

Stock Identifier: XOSL.KOA

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