Orkla ASA ("Orkla") has decided to initiate a share buyback program. The purpose of the share buyback program is to return excess capital to shareholders by reducing the company’s share capital. The buyback program will be conducted based on the authorisation provided by the Annual General Meeting to the Board of Directors on 24 April 2025. The share buyback program will comprise acquisitions of own shares for an aggregate amount of up to NOK 4,000,000,000, and up to 80,000,000 shares (based on the minimum share price of NOK 50 per share as set out in the authorization from the general meeting).

The program will commence on 17 November 2025 and continue until 31 December 2026 at the latest. Continuation of the program beyond the date of the Annual General Meeting in 2026 is subject to renewal of the authorization for share buybacks from the company's Annual General Meeting in 2026. Orkla will also seek approval from the Annual General Meeting for the cancellation of shares repurchased under the program.

The buyback program will be managed by Arctic Securities, which will make its trading decisions in relation to the acquisition of shares independently of, and uninfluenced by, Orkla. The transactions will be conducted in accordance with the Market Abuse Regulation (EU) No 596/2014, Commission Delegated Regulation (EU) 2016/1052 and Euronext Oslo Børs’ Guidelines for buyback programs and stabilization dated February 2021.

Orkla ASA
Oslo, 14 November 2025

Ref.:

SVP Investor Relations and Communication
Annie Bersagel
Phone: +47 98 60 36 64
Email: annie.bersagel@orkla.no

Investor Relations Manager
Ole Andreas Steensland Dahl
Phone: +47 90 70 79 37
Email: oasd@orkla.no

This information is published in accordance with the requirements set out in Article 5 of the Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.