Orkla ASA: Mandatory notification of trade - primary insiders

Terje Utstrand, Employee representative on the
Board, has today, 19 February 2021, bought 2,000 Orkla shares at an average
price of NOK 79.34 per share. The shares were acquired on the Oslo Stock
Exchange. Following this transaction, Utstrand and related parties
own 9,465 shares in Orkla.

Orkla ASA
Oslo, 19 February 2021


Ref.:

Investor Relations
Kari Lindtvedt
Tel.: +47?950 75?114

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