As part of Orkla’s Long Term Incentive Program set out in Orkla’s executive remuneration guidelines, options have today, 16 June 2025, been granted for 2024 to the following primary insiders:

Each share option gives the right to purchase one share in Orkla ASA. The strike price of the options was set to NOK 110.70 per share based on the closing price on 25 April 2025 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, 16 June 2025

Ref.:
SVP Investor Relations and Communication
Annie Bersagel
Tel.: +47 98 60 36 64

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.