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Regulatory press release

Orkla ASA: Mandatory notification of trade - primary insiders

Orkla
Nian AS, a related party to Nils Selte, President & CEO of Orkla, has on 26
October 2023 bought 25,000 shares in Orkla ASA at a price of NOK 74.68 per
share.The shares were acquired on the Oslo Stock Exchange. Following this
transaction, Selte and related parties own 212,765 shares in Orkla.

Orkla ASA
Oslo, 26 October 2023

Ref.:
Investor Relations
Kari Lindtvedt
Tel.: +47 950 75 114

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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