b'MEMBER NEWSMEMBER NEWS Kongsberg Proposing to Demerge Kongsberg MaritimeK ongsbergGruppenASAhasofthisandoffersignificantgrowthnessareasdifferentlyandhighlights proposed the establishment ofopportunities for both companies.theimportanceofenablingeachto two focused and independentpositionitselfoptimally.Thesyner-companies,demergingandlistingKongsbergtripleditsoperatingreve- gies between the businesses have been Kongsberg Maritime on the Euronextnues since 2016, and at the end of thereducedovertime.Thecompanies Oslo Stock Exchange as an indepen- third quarter of 2025, the group hadwill continue to collaborate where it dentmaritimetechnologycompany,15,000employeesandahistoricallyprovides commercial advantages.whileconsolidatingKongsbergDe- high order backlog. The number of em-fense&AerospaceandKongsbergployees, revenue, and results are nowThe new maritime business will be led Discoveryintoasingletechnology-relativelyevenlydistributedbetweenby Lisa Edvardsen Haugan, president and defense-focused entity. the two companies. Both have reachedof Kongsberg Maritime. Changes will a size and financial level that enablesbeeffectivefromthecompletionof With security and sustainability highthem to operate independently. the demerger. A new board of direc-on the international agenda, the com- tors for Kongsberg Maritime will be panys board of directors has assessedRecentyearshavebeenmarkedbyelected and effective from the time of that focused and specialized business- increasedgeopoliticaltensionsandlisting which is expected to happen in es will be best suited to take advantagetrade wars. This affects the two busi- April 2026. ADVERTISERS INDEXAll American Marine . 62 Furuno USA, Inc. . 25 RocketRez 48Assured Partners . 35 Gladding-Hearn Shipbuilding. 33 R.W. Fernstrum Co 55Bay Ship and Yacht. 11Hamilton Jet 27 Scania USA . 59Boening USA, Inc. .11 Humphree USA . 41 Schottel 25BRIX Marine . 64 IMTRA Corporation 51 Starboard Suite 47Burger Boat Company 26 Incat Crowther 59 Twin Disc, Inc. 64Carus Cruise Inc. 52 John Deere Power Systems 56 UES Seating 65Caterpillar Marine . 67 Kongsberg 61 USI Insurance Services. 50Crowley 35 Metal Shark . 60 Volvo Penta 2Cummins Sales & Service 6 mtuA Rolls Royce solution . 69 Yanmar . 67DeJong and Lebet . 13 Passenger Vessel Foundation 66 ZF Marine Propulsion Systems Eastern Shipbuilding Group 19 Rehlko . 33 Miramar, LLC 27Flagship Marine Inc 19 Rigidized Metals Corporation 58FOGHORN 68'