Orkla ASA - Director's Dealing 2025

Mandatory notification of trade granting of stock options to primary insiders

As part of Orkla's Long Term Incentive Program set out in Orkla's executive

remuneration guidelines, options have today, 16 June 2025, been granted for

2024 to the following primary insiders:

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Each share option gives the right to purchase one share in Orkla ASA. The

strike price of the options was set to NOK 110.70 per share based on the

closing price on 25 April 2025 plus 3% p.a. in the vesting period and adjusted

for dividend paid until exercise. The options can be exercised after three

years at the earliest and the options expire if they are not exercised within

five years. For further information, see attachment available at

www.newsweb.no.

Orkla ASA

Oslo, 16 June 2025

Ref.:

SVP Investor Relations and Communication

Annie Bersagel

Tel.: +47 98 60 36 64

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.

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