As part of Orkla's Long Term Incentive Program set out in Orkla's executive
remuneration guidelines, options have today, 16 May 2023, been granted for 2022
to the following primary insiders:
Nils K. Selte, President & CEO 258 133 options
Harald Ullevoldsæter, EVP CFO 72 929 options
Christer Grönberg, EVP HR 69 166 options
Atle Vidar Nagel-Johansen, EVP & Investment Executive 131 002 options
Hege Holter Brekke, EVP & Investment Executive 75 697 options
Øyvind Torpp, EVP & Investment Executive 131 002 options
Maria Syse-Nybraaten, EVP & Investment Executive 70 244 options
Audun Stensvold, EVP & Investment Executive 70 212 options
Håkon Mageli, EVP Corp Affairs & Comm. 61 554 options
Camilla T. Robstad, EVP Legal & Compliance 60 231 options
Each share option gives the right to purchase one share in Orkla ASA. The strike
price of the options was set to NOK 73.14 per share based on the closing price
on 14 April 2023 plus 3% p.a. in the vesting period and adjusted for dividend
paid until exercise. The options will lapse if not exercised by 14 April 2028.
The options may only be exercised after 3 years (14 April 2026). For further
information, see attachment available at www.newsweb.no.
Orkla ASA
Oslo, 16 May 2023
Ref.:
Investor Relations Manager
Kjetil Sørum
Tel.: +47 99 60 29 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.