Kongsberg Gruppen Asa · OSL:KOG

Kongsberg Gruppen Asa — Investor Day (2011)

16 slides from Kongsberg Gruppen Asa's investor day presentation, 2011

1. Slide 1: 2011 Capital Markets Day

   2011 Capital Markets Day Walter Qvam President and Chief Executive Officer WORLD CLASS – through people, technology and dedication © 2011 KONGSBERG – All rights reserved.

2. Slide 2: Solutions from deep sea to outer space

   Solutions from deep p sea to outer space p High activity level, strong backlog, financially solid Significant installed base Short term robust business platform Modern products and systems – in early life Well positioned to meet demands in key niche segments Long term growth potential Proactive and

3. Slide 3: Contents

   Contents • This is KONGSBERG • Development p and Status • Priorities /3/ CMD 2011 WORLD CLASS – through people, technology and dedication © 2011 KONGSBERG – All rights reserved.

4. Slide 4: World Class – through people, technology and dedication

   World Class – th through h people, l technology t h l and d dedication d di ti 1624 1814 1987 1993 2006 2011 Silver Kongsberg Crisis and Kongsberg New Starting the Discovery Våpenfabrikk revitalisation Gruppen ASA growth next phase Determined Innovative What we start, we finish. We do not give in. W

5. Slide 5: KONGSBERG is a technology power house based on competence clusters

   KONGSBERG is a technologygy p power house based on many Norwegian and international competence clusters Significant A technology International focus innovation power house in and organization capabilities p Norway y A unique history and a strong culture /5/ CMD 2011 WORLD CLASS – through people, tec

6. Slide 6: Core technology solutions deployed as tailor made segment applications

   Core technology solutions and competencies are deployed as tailor made segment specific applications Maritime applications CORE TECHNOLOGIES Oil and Gas Performance, Defence Applications Applications Safety, Security CHALLENGING OPERATIONS Space Applications MARITIME – OIL & GAS – DEFENCE – SPACE KO

7. Slide 7: Contents

   Contents • This is KONGSBERG • Development p and Status • Priorities /7/ CMD 2011 WORLD CLASS – through people, technology and dedication © 2011 KONGSBERG – All rights reserved.

8. Slide 8: Focus on technology leadership forms the basis for international growth

   Focus on technology leadership forms the basis for our iinternational t ti l growth th Global Top 3 Offshore, merchant shipping applications Niche subsea technologies Niche oil and gas technologies Defence systems and applications Niche space technologies Company data 6 472 employees 72 % engineers

9. Slide 9: KONGSBERG's global business system is growing

   KONGSBERG’s global business system is growing International Sales Organization – Life Cycle Support Hubs – Production Hubs Global Value Chains – Global Sourcing /9/ CMD 2011 WORLD CLASS – through people, technology and dedication © 2011 KONGSBERG – All rights reserved.

10. Slide 10: Four Business Areas – all with key products in early life

    Four Business Areas – all with key products in early life. Significant growth opportunities Our keyy p products are early in the S-Curve KONGSBERG’s R&D investments correspond to about 10% of revenues / 10 / CMD 2011 WORLD CLASS – through people, technology and dedication © 2011 KONGSBERG – All righ

11. Slide 11: Business and product mix exposed to different market drivers

    KONGSBERG’s business and product mix is exposed to different market drivers that in sum adds robustness Business Driver Ratios Other: Space, Fishery, Merchant Research, Shipping Public 10 % 8% Defence (Norway and Offshore / Oil international) and Gas 50 % 32 % 20 – 25% of overall revenues are relate

12. Slide 12: Financial status at Q3 2011

    Financial status at Q3 2011 Operating revenues EBITA 20 000 2 500 2 216 15 497 13 816 2 000 15 000 1588 11 056 11483 11245 1 376 1472 1 500 10 000 1 122 1 000 5 000 500 0 0 2008 2009 2010 YTD 2010 YTD 2011 2008 2009 2010 YTD 2010 YTD 2011 Earnings per share (EPS) New orders 14 12,46 20 000 17 605 Or

13. Slide 13: Strong focus on productivity and efficiency

    Strong focus on productivity and efficiency 1 800 18 000 1 500 Net current assets 15 000 1 200 12 000 900 9 000 600 6 000 300 3 000 0 0 -300 -3 000 -600 -6 000 Short term assets - short term debt * 12 months rolling revenues * less tax, cash and fair value of financial instruments 500 400 EBITDA / e

14. Slide 14: Contents

    Contents • This is KONGSBERG • Development p and Status • Priorities / 14 / CMD 2011 WORLD CLASS – through people, technology and dedication © 2011 KONGSBERG – All rights reserved.

15. Slide 15: Our priorities moving forward

    Our priorities moving forward: Managing near term macro uncertainties and leveraging our growth potential THREATS AND OPPORTUNITIES STRATEGIC PRIORITIES MACRO: • Robust segmentation and product mix Unstable world economy • Productivity focus + scalable cost base Public budget cuts Financing challeng

16. Slide 16: © 2011 KONGSBERG – All rights reserved.

    © 2011 KONGSBERG – All rights reserved.

Kongsberg Gruppen — Investor Day (2011) on 6ix