Orkla ASA — Director's Dealing 2021

May 31, 2021

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jaan Ivar Semlitsch
2	Reason for the notification
a)	Position/status	President & CEO Orkla ASA
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Orkla ASA
b)	LEI	549300PZS8G8RG6RVZ52
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Share NO0003733800
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	344 shares at NOK 65.43 per share
d)	Aggregated information —Aggregated volume — Price	344 shares at NOK 65.43 per share
e)	Date of the transaction	2021-05-28
f)	Place of the transaction	Outside of regulated market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Johan Clarin
2	Reason for the notification
a)	Position/status	EVP Orkla Food Ingredients
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Orkla ASA
b)	LEI	549300PZS8G8RG6RVZ52
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Share NO0003733800
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	344 shares at NOK 65.43 per share
d)	Aggregated information —Aggregated volume — Price	344 shares at NOK 65.43 per share
e)	Date of the transaction	2021-05-28
f)	Place of the transaction	Outside of regulated market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Hege Holter Brekke
2	Reason for the notification
a)	Position/status	EVP Orkla Care
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Orkla ASA
b)	LEI	549300PZS8G8RG6RVZ52
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Share NO0003733800
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	344 shares at NOK 65.43 per share
d)	Aggregated information —Aggregated volume — Price	344 shares at NOK 65.43 per share
e)	Date of the transaction	2021-05-28
f)	Place of the transaction	Outside of regulated market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Kenneth Haavet
2	Reason for the notification
a)	Position/status	EVP Consumer & Financial Investments
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Orkla ASA
b)	LEI	549300PZS8G8RG6RVZ52
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Share NO0003733800
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	344 shares at NOK 65.43 per share
d)	Aggregated information —Aggregated volume — Price	344 shares at NOK 65.43 per share
e)	Date of the transaction	2021-05-28
f)	Place of the transaction	Outside of regulated market