Orkla ASA — Director's Dealing 2021

May 31, 2021

Mandatory notification of trade - Shares for employees 2021

Mandatory notification of trade - Shares for employees 2021

Reference is made to the stock exchange notice of 25 May 2021 regarding Shares

for Employees 2021.

The buying price, and thereby the number of shares aquired by primary insiders,

was fixed on the basis of the closing price of the Orkla share on 28 May 2021.

The buying price was thus set at NOK 65.43 per share, including 25% discount.

Information about the number of shares acquired by primary insiders, as well as

their new holdings, is attached to this message.

Orkla ASA

Oslo, 31 May 2021

Ref.:

SVP Investor Relations

Kari Lindtvedt

Tel.: +47 95 07 51 14

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

-12 the Norwegian Securities Trading Act