Orkla Management Team

Mr. Selte was first elected to the Board of Orkla in April 2014 and took office as CEO in 2022. From 2014 to 2022 he was CEO of Canica AS where he was employed from 2001 as CEO and Finance Director. Mr Selte was previously Group Treasurer at ICA Ahold AB in 1999–2001, before which he held the post of Finance Manager at Hakon Gruppen AS. In 1994–1996 he was Finance Manager at Livi Norge AS and in 1991–1994 consultant at the Office of the Auditor General of Norway.

Mr. Selte and related parties own 107 000 shares in Orkla ASA.^{1, 2}.

¹Shares owned as at 31 December 2021.

²Mr Selte purchased 50 000 shares in Orkla on 12 May 2022, thereby increasing his shareholding to 157 000 shares.

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Certified Financial Analyst (Norwegian School of Economics (NHH), Bergen), Master of Science in Business (siviløkonom) (BI Norwegian Business School, Oslo)

Member of Orkla’s Group Executive Board since June 2012. Mr Nagel Johansen has been head of Supply Chain since 2018, and in 2019 his sphere of responsibility was expanded to include Orkla Care. Before that, he was CEO of Orkla Foods from 2012, CEO of Orkla Foods Nordic in 2008–2012 and CEO of Orkla Foods in 2005–2008. Prior to that, he was Marketing Director at Orkla Foods International and Finance Director at Orkla Foods. Mr Nagel Johansen was CFO at Tandberg Data ASA in 1999–2000. In the 1990s he was Finance Director at Sætre AS/Orkla Snacks and head of Economic Planning & Analysis at Orkla ASA. He began his career as a financial analyst at Jøtun Fonds and Carl Kierulf & Co.

Mr Nagel Johansen and related parties own 28,450 shares in Orkla ASA¹.

¹Shares owned as at 31 December 2021.

Certified Financial Analyst (Norwegian School of Economics (NHH), Bergen), Master of Science in Business (siviløkonom) (BI Norwegian Business School, Oslo)

Member of Orkla’s Group Executive Board since March 2020. Mr Ullevoldsæter returned to Orkla in 2019, after having served as CFO at Nortura SA since 2014. In 1996–2014 Mr Ullevoldsæter worked in Orkla, where he has held a number of management positions in finance, including those of Finance Director and member of the management team of Orkla Brands and Orkla Brands Nordic. Mr Ullevoldsæter also worked for nine years as financial analyst in DNB Markets.

Mr Ullevoldsæter and related parties own 1 552 shares in Orkla ASA^{1, 2}.

¹Shares owned as at 31 December 2021.

²Mr Ullevoldsæter purchased 6 000 shares in Orkla on 24 February 2022, thereby increasing his shareholding to 7 552 shares.

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Degree in Human Resources (Lund University, Lund and Kristianstad University, Kristianstad)

Member of Orkla’s Group Executive Board since 2014. Mr Grönberg has been head of Corporate Functions since 2018, before which he was head of HR. In 2010–2014, Mr Grönberg was HR Director at Orkla Foods, prior to which he held the position of HR Director at Stabburet in 2008–2010. Mr Grönberg was employed at Procordia Food in 1998–2008, including eight years as HR Director. In 1982–1998, Mr Grönberg pursued a career in the Swedish Armed Forces.

Mr Grönberg and related parties own 16 470 shares in Orkla ASA¹.

¹Shares owned as at 31 December 2021.

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Master of Science in Business (siviløkonom) (BI Norwegian Business School, Oslo), The Executive Programme (Darden School of Business, Virginia, USA)

Member of Orkla’s Group Executive Board since 2012. Mr Mageli was Director of Corporate Affairs at Orkla Brands in 2008–2012. Prior to that, in 1995–2008, Mr Mageli was Information Director at Orkla Foods. In 1993–1995, he was Director Public Affairs, Orkla Foods, in Brussels, and Company Secretary, Nora Foods in 1991–1993. Mr Mageli worked as a journalist at Dagens Næringsliv in 1985–1990. He is Chairman of the Board of the Federation of Norwegian Food and Drink Industry, Chairman of the Confederation of Norwegian Enterprise’s Trade Policy Committee, and Chair of the Board of Matmerk – The Norwegian Food Branding Foundation.

Mr Mageli and related parties own 95,998 shares in Orkla ASA¹.

¹Shares owned as at 31 December 2019.

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