Orkla ASA - Director's Dealing 2025

Orkla ASA: Mandatory notification of trade - options

Reference is made to the previous stock exchange release on 13 May 2025

regarding exercise of share options by primary insiders Camilla Tellefsdal

Robstad and Hege Holter Brekke under Orkla ASA's long term share incentive

programme. The sales process conducted by a third party is now completed, with

the following result:

- Camilla Tellefsdal Robstad has sold 63,286 shares at a price of NOK 108.5545

per share to cover the taxes incurred by the exercise of the options and

related transaction costs. Robstad has in a related transaction acquired

12,583 shares at an average price of NOK 108.5545. Following these

transactions, Robstad owns 24,140 shares in Orkla ASA.

- Hege Holter Brekke has sold 121,189 shares at a price of NOK 108.5545 per

share to cover the taxes incurred by the exercise of the options and related

transaction costs. Brekke has in a related transaction acquired 19,663 shares

at an average price of NOK 108.5545. Following these transactions, Brekke owns

35,098 shares in Orkla ASA.

For further information, see attachment available at www.newsweb.no.

Orkla ASA

Oslo, 16 May 2025

Ref.:

SVP Investor Relations & Communication

Annie Bersagel

Mobile: +47 986 03 664

This information is subject to disclosure requirements set out in the Market

Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading

Act Section 5-12.

AI assistant