Mandatory notification of trade – granting of stock options to primary insiders
As part of Orkla’s Long Term Incentive Program set out in Orkla’s executive remuneration guidelines, options have today, 25 June 2024, been granted for 2023 to the following primary insiders:
| Nils K. Selte | President & CEO | 249 861 | Options |
| Atle Vidar Nagel Johansen | EVP & Investment Executive | 125 596 | Options |
| Audun Stensvold | EVP & Investment Executive | 71 198 | Options |
| Camilla Tellefsdal Robstad | EVP Legal & Compliance | 59 411 | Options |
| Christer Grönberg | EVP HR | 66 949 | Options |
| Hege Holter Brekke | EVP & Investment Executive | 73 271 | Options |
| Håkon Mageli | EVP Corp Affairs & Comm. | 59 581 | Options |
| Maria Syse-Nybraaten | EVP & Investment Executive | 71 231 | Options |
| Øyvind Torpp | EVP & Investment Executive | 126 804 | Options |
Each share option gives the right to purchase one share in Orkla ASA. The strike price of the options was set to NOK 71,90 per share based on the closing price on 19 April 2024 plus 3% p.a. in the vesting period and adjusted for dividend paid until exercise. The options can be exercised after three years at the earliest and the options expire if they are not exercised within five years. For further information, see attachment available at www.newsweb.no.
Orkla ASA
Oslo, 25 June 2024
Ref.:
SVP 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.