Orkla ASA - Board/Management Information 2019

Orkla ASA: Jaan Ivar Semlitsch to take over as Orkla President and CEO on 15 August

On 5 June 2019 it was announced that Jaan Ivar Semlitsch is to be the new

President and CEO of Orkla. He will take up the post on 15 August 2019.

Following the departure of former President and CEO Peter A. Ruzicka on 7 May,

Terje Andersen was appointed acting President and CEO, and will remain in the

position until Semlitsch joins the group.

Please find enclosed the press release issued 5 June 2019.

Orkla is a leading supplier of branded consumer goods and concept solutions for

the consumer, out-of-home and bakery segments in the Nordic region, the Baltics

and selected markets in Central Europe and India. Orkla is listed on Oslo Stock

Exchange and is headquartered in Oslo. In 2018, the group achieved sales of NOK

41 billion and had approximately 18,500 employees.

Orkla ASA

Oslo, 19 June 2019

Ref.:

Group Director, Corporate Communications & Corporate Affairs

Håkon Mageli

Tel.: +47 928 45 828

SVP Investor Relations

Thomas Ljungqvist

Tel.: +47 482 59 618

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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