Orkla ASA: Mandatory notification of trade

On 20 May 2021, Canica AS, a company closely related to Orkla's chairman of the board Stein Erik Hagen, acquired 5,800,000 shares in Orkla ASA from Stein Erik Hagen AS, another closely related company to Stein Erik Hagen. The transaction was made at a share price of NOK 84.30, equal to the closing price on Oslo Stock Exchange.

Stein Erik Hagen and his closely related parties' ownership interest in Orkla ASA of 250,386,000 shares, constituting 25.003% of the share capital, remains unchanged by this transaction.

For further information, see attachments available at www.newsweb.no.

Orkla ASA Oslo, 20 May 2021

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 

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