Orkla ASA Mandatory notification of trade options

The following primary insiders in Orkla ASA have today exercised share options granted under Orkla's LTI Programme:

+----------------------+------------------+-----------------+----------------+ | Name | Position | Number of share | Average | | | | options | exercise price | | | | exercised | (NOK) | +----------------------+------------------+-----------------+----------------+ | Nils Kloumann Selte | President and | 258,133 | 57.92 | | | CEO | | | +----------------------+------------------+-----------------+----------------+ | Øyvind Torpp | EVP and | 131,002 | 57.92 | | | Investment | | | | | Executive | | | +----------------------+------------------+-----------------+----------------+ | Maria Syse-Nybraaten | EVP and | 70,244 | 57.92 | | | Investment | | | | | Executive | | | +----------------------+------------------+-----------------+----------------+

The primary insiders have transferred their rights to receive the new shares to a third party in return for a net sales proceed which will be finally determined on the basis of the market price subsequently obtained by the third party. The net sales proceeds will in turn be used to acquire shares in Orkla at the exercise price. The results of the sales process and number of shares acquired will be announced in a separate stock exchange notice.

For further information, see attachment available at www.newsweb.no (http://www.newsweb.no/).

Orkla ASA Oslo, 26 May 2026

Ref.:

SVP Investor Relations & Communication Annie Bersagel Mobile: +47 986 03 664 Email: annie.bersagel@orkla.no

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.