Orkla ASA - Director's Dealing 2026

Orkla ASA: Mandatory notification of trade - options

Reference is made to the previous stock exchange release on 26 May 2026

regarding exercise of share options by primary insiders Nils Kloumann Selte,

Øyvind Torpp and Maria Syse-Nybraaten under Orkla ASA's long term share

incentive programme. The sales process conducted by a third party is now

completed, with the following result:

- Nils Kloumann Selte has sold 258,133 shares at a price of NOK 104.4631 per

share to cover the strike price for and the taxes incurred by the exercise of

the options and related transaction costs. Selte has in a related transaction

acquired 56,534 shares at an average price of NOK 104.4631. Following these

transactions, Selte and related parties own 337,534 shares in Orkla ASA.

- Øyvind Torpp has sold 131,002 shares at a price of NOK 104.4631 per share to

cover the strike price for and the taxes incurred by the exercise of the

options and related transaction costs. Torpp has in a related transaction

acquired 28,691 shares at an average price of NOK 104.4631. Following these

transactions, Torpp and related parties own 148,691 shares in Orkla ASA.

- Maria Syse-Nybraaten has sold 70,244 shares at a price of NOK 104.4631 per

share to cover the strike price for and the taxes incurred by the exercise of

the options and related transaction costs. Syse-Nybraaten has in a related

transaction acquired 14,768 shares at an average price of NOK 104.4631.

Following these transactions, Syse-Nybraaten and related parties own 22,138

shares in Orkla ASA.

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

Orkla ASA

Oslo, 29 May 2026

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