Orkla ASA - Issuance of Commercial Paper

Orkla ASA has issued two commercial papers:

Amount:                      NOK 300,000,000

Start date:                   21 February 2022

Maturity:                      21 March 2022

Coupon:                      0.82 %

Organised by:             Handelsbanken Capital Markets



Amount:                      NOK 250,000,000

Start date:                   21 February 2022

Maturity:                      4 April 2022

Coupon:                      0.99 %

Organised by:             DNB Markets



Orkla ASA

Oslo, 17 February 2022



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