Orkla reports continued growth

14 Nov 2025 07:00 CET

In the third quarter, Orkla reported operating revenues of NOK 17.9 billion,
with organic growth of 4.4%, including 1.3% from volume/mix.

Orkla increased EBIT (adj.) by 2.1% to NOK 2.0 billion compared to the same
period last year. Underlying EBIT (adj.) for the consolidated portfolio
companies (including Orkla ASA and Business Services) increased by 1.1%.

Profit from associated companies totalled NOK 603 million, primarily related
to Orkla's 42.7% ownership share in Jotun. Adjusted for negative currency
translation effects, Jotun delivered sales growth of 4%, primarily from
increased volumes as well as increased sales of premium products in the
Decorative segment. Reported EBITA growth was 6% during the quarter, and 12%
excluding currency effects.

Orkla's profit before tax ended at NOK 2.0 billion. Earnings per share (adj.)
for the quarter was NOK 1.85, an increase of 9% year-over-year.

On 6 November, Orkla India was successfully listed on the Indian Stock
Exchange. Following the listing, Orkla retains a 75% ownership stake in Orkla
India.

"The listing marks an important milestone for Orkla India and reflects the
strong foundation we have built together with Orkla. The listing provides us
with greater visibility and many strategic options to pursue our growth
ambitions. We see significant opportunities ahead and remain committed to
creating sustainable, long-term value," says Orkla India CEO Sanjay Sharma.

"The IPO of Orkla India represents an important step in our strategy to unlock
long-term value. The listing increases transparency around Orkla India's
performance and lays the foundation for future growth. We are thankful and
proud of all the hard work from our teams both in Orkla India and Orkla ASA in
preparing for the listing. As a dedicated majority owner, we look forward to
supporting the next phase of Orkla India's growth journey," says Orkla
President and CEO Nils K. Selte.

About Orkla
Orkla ASA is a leading industrial investment company within brands and
consumer-oriented businesses. At present, Orkla has 10 portfolio companies.
The company takes a long-term and strategic approach to its investments,
creating value by combining brand expertise with an investment company
mindset.

Orkla is listed on the Oslo Stock Exchange and is headquartered in Oslo,
Norway. Orkla had a turnover of approximately NOK 71 billion in 2024.

Orkla ASA
Oslo, 14 November 2025

Ref.:

SVP Investor Relations & Communication
Annie Bersagel
Mobile: +47 986 03 664
Email: annie.bersagel@orkla.no

VP Financial Communication
Joachim Gresslien
Mobile: +47 907 25 018
Email: joachim.gresslien@gmail.com

An Excel spreadsheet with key figures may be found at
https://www.orkla.com/investors/

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
announcement was published by Ole Andreas Steensland Dahl, Investor Relations
Manager at Orkla ASA, on 14 November 2025 at 07:00 CET.

More information:
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659693_Q3 2025 External Presentation FINAL.pdf
659693_Q3 2025 External Report FINAL.pdf