Orkla ASA - AGM Information 2019 | FinancialReports.eu

Orkla ASA: The Board of Directors' proposal to Orkla's General Meeting

The Annual General Meeting of Orkla ASA will be held on Thursday 25 April 2019

at 3 p.m. at Ingeniørenes Hus, Kronprinsens gate 17, Oslo.

At a meeting on 13 March 2019 the Board of Directors decided to submit the

following resolutions to Orkla's General Meeting:

1) The Board of Directors proposes an ordinary dividend for 2018 of NOK 2.60 per

share. See separate announcement regarding key information relating to the cash

dividend.

2) The Board of Directors proposes that the General Meeting of Orkla ASA

resolves to reduce the share capital by NOK 21,875,000 from NOK

1,273,663,712.50 to NOK 1,251,788,712.50 by redeeming (amortising) 17,500,000

shares owned by Orkla ASA. The number of shares in the company will be reduced

from 1,018,930,970 to 1,001,430,970. The amount by which the share capital is

reduced will be used to cancel the company's own shares.

Orkla's Annual Report 2018 will be released on 18 March 2019.

Orkla ASA

Oslo, 13 March 2019

Ref.:

Group Director Corporate Communications & Corporate Affairs

Håkon Mageli

Tel.: +47 928 45 828

IR & Communications Manager

Elise Heidenreich

Tel.: +47 951 41 147

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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