Orkla ASA: Mandatory notification of trade - options

31 Oct 2024 15:47 CET

Primary insider Christer Grönberg (EVP HR) has today exercised 70,389 options
granted under Orkla's LTI Programme at an average exercise price of NOK 77.67
per share.

The primary insider has transferred his rights to receive the new shares to a
third party in return for a net sales proceed which will be finally determined
on the basis of the market price subsequently obtained by the third party. The
results of the sales process will be announced in a separate stock exchange
notice.

Christer Grönberg will from 1 November 2024 step out of the management team and
retire from Orkla in 2025.

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

Orkla ASA
Oslo, 31 October 2024

Ref.:
SVP Investor Relations
Annie Bersagel
Tel.: +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.

More information:
Access the news on Oslo Bors NewsWeb site

630947_Innmelding_FT_2024_10_31_Christer_Gronberg_excercise_of_stock_option.pdf