On 11 February 2021, Canica AS, a company related to Orkla's chairman of the
board Stein Erik Hagen, acquired 286,000 shares in Orkla ASA over Oslo Stock
Exchange. Following the transaction, Stein Erik Hagen and related parties'
ownership interest in Orkla ASA is 250,386,000 shares, constituting approx.
25,003% of the share capital of the company. Thus, Hagen and related parties
crosses the 25% threshold for disclosure of major shareholding. The transaction
was made at a share price of NOK 80.7663.
Orkla ASA Oslo, 11 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