Orkla ASA – Issuance of Commercial Paper

Orkla ASA has issued two commercial papers:

Amount:                      NOK 200,000,000

Start date:                   24 January 2023

Maturity:                     24 February 2023

Coupon:                      3.15 %

Organised by:             DNB Markets

Amount:                      NOK 500,000,000

Start date:                   24 January 2023

Maturity:                     1 June 2023

Coupon:                      3.65 %

Organised by:             DNB Markets

Orkla ASA

Oslo, 19 January 2023

Ref.:

Senior Vice President Group Treasury

Geir Solli

Tel.: +47 995 42 789

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act