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
Email: [email protected]
 
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.