Orkla ASA — Director's Dealing 2020

Sep 10, 2020

Orkla ASA: Mandatory notification of trade - primary insiders

Orkla ASA: Mandatory notification of trade - primary insiders

According to the instructions for the nomination committee of Orkla ASA

("Orkla"), shareholder-elected board members are required to use minimum 1/3 of

their gross board fee to purchase shares in Orkla, until they own shares in

Orkla with a value equivalent to two times their gross board fee. On this basis,

the following board members have purchased shares in Orkla on the Oslo Stock

Exchange on 10 September 2020:

Peter Agnefjäll, Member of the Board of Orkla ASA, has today, 10 September

2020, bought 6,000 Orkla shares at an average price of NOK 91,15 per share.

Following this transaction, Agnefjäll and related parties own 20,000 shares in

Orkla.

Anna Mossberg, Member of the Board of Orkla ASA, has today, 10 September 2020,

bought 1,793 Orkla shares at an average price of NOK 90.96 per share and 241

Orkla shares at an average price of NOK 90.94 per share. Following this

transaction, Mossberg and related parties own 2,034 shares in Orkla.

Anders Kristiansen, Member of the Board of Orkla ASA, has today, 10 September

2020, bought 10,900 Orkla shares at an average price of NOK 91.56 per share.

Following this transaction, Kristiansen and related parties own 33,900 shares in

Orkla.

Orkla ASA

Oslo, 10 September 2020

Ref.:

Investor Relations

Elise Heidenreich

Tel.: +47 951 41 147

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act