On 25 May 2026, Caroline Marie Hagen Kjos assumed control of Tvist 1 AS and
indirect control of Canica AS. In connection therewith, Canica AS, Canica
Investor AS, Tvist 1 AS and the estate of Stein Erik Hagen (the "Estate") have
entered into a shareholders' agreement relating to their joint ownership in
Orkla ASA ("Orkla" or the "Company").

Under the shareholders' agreement, the parties have agreed that Canica AS
shall be responsible for exercising the parties' voting rights and other
shareholder rights in Orkla.

The parties to the shareholders' agreement own in total 250,386,000 shares in
Orkla, representing approximately 25.003% of the shares and votes in the
Company when taking into account all outstanding shares, including treasury
shares, out of which 196,351,000 shares are owned by Canica AS, 3,885,000
shares are owned by Tvist 1 AS, 50,050,000 shares are owned by Canica Investor
AS, a company indirectly owned by members of the Hagen family, and 100,000 are
owned by the Estate.

This notification is made pursuant to the disclosure requirements set out in
Section 4-2 cf. Section 4-4 of the Norwegian Securities Trading Act.
 of the Norwegian Securities Trading Act.\