Orkla ASA — Capital/Financing Update 2023

Jan 23, 2023

Orkla ASA - Increased amount in Commercial Paper (ISIN NO0012820598)

Orkla ASA - Increased amount in Commercial Paper (ISIN NO0012820598)

Orkla ASA has increased the amount in the above-mentioned commercial paper by

NOK 800,000,000. The outstanding amount in the market after this is NOK

1,000,000,000.

Amount:                      NOK 100,000,000

Start date:                   26 January 2023

Maturity:                      24 February 2023

Organised by:             DNB Markets

Amount:                      NOK 700,000,000

Start date:                   26 January 2023

Maturity:                      24 February 2023

Organised by:             Handelsbanken Capital Markets

Orkla ASA

Oslo, 23 January 2023

Ref.:

Senior Vice President Group Treasury

Geir Solli

Tlf.: +47 995 42 789

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

-12 the Norwegian Securities Trading Act