Orkla ASA — Capital/Financing Update 2022

May 2, 2022

Orkla ASA - Issuance of Commercial Paper

Orkla ASA - Issuance of Commercial Paper

Orkla ASA has issued a commercial paper of NOK 1,000,000,000.

Start date:                   5 May 2022

Maturity:                     3 October 2022

Coupon:                      3 months + 0.20 %

Organised by:             Nordea Markets

Orkla ASA

Oslo, 2 May 2022

Ref.:

Senior Vice President Group Treasury

Geir Solli

Tel.: +47 995 42 789

This information is subject to the disclosure requirements pursuant to Section 5

-12 the Norwegian Securities Trading Act