Elkem ASA - Disclosure of voting rights at the annual general meeting

17 Apr 2023 10:09 CEST

Oslo, 17 April 2023

In connection with the annual general meeting of Elkem ASA, to be held on 28
April 2023, the chair of the board of directors, Mr. Zhigang Hao, has received a
proxy without voting instructions to vote for the 338,338,536 shares held by
Bluestar Elkem International Co., Ltd. S.A, representing 52.91% of the shares
and votes in Elkem ASA. In addition, the chair has as the date hereof received
proxies without voting instructions for 175,055 shares from other shareholders,
representing 0.03 % of the shares and votes. The proxies received are only valid
for the annual general meeting and will lapse automatically thereafter.

In total, the chair may vote for 338,513,591 shares, representing 52.94% of the
shares and votes at the annual general meeting.

However, at the date hereof, Elkem ASA holds 3,601,090 own shares in the
company, representing 0.56% of the shares which cannot be voted for at the
annual general meeting. When deducting these shares, the chair may vote for
53.24% of the total votes at the annual general meeting.

This information is subject to the disclosure requirements pursuant to section 4
-3, cf. section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:
Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.com

Fredrik Norman
VP Corporate Communications & Public Affairs
Tel: +47 918 66 567
Email: fredrik.norman@elkem.com

About Elkem:
Elkem is one of the world's leading providers of advanced silicon-based
materials shaping a better and more sustainable future. The company develops
silicones, silicon products and carbon solutions by combining natural raw
materials, renewable energy and human ingenuity. Elkem helps its customers
create and improve essential innovations like electric mobility, digital
communications, health and personal care as well as smarter and more sustainable
cities. With a strong track record since 1904, its global team of more than
7,300 people has a joint commitment to stakeholders: Delivering your potential.
In 2022, Elkem obtained a Platinum score from EcoVadis, which rated the company
among the world's top 1% on sustainability transparency, and the company
achieved an operating income of NOK 45.9 billion. Elkem is listed on the Oslo
Stock Exchange (ticker: ELK). www.elkem.com .

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587734_Elkem_ASA_Disclosure_of_voting_rights_at_the_annual_general_meeting.pdf