Elkem ASA - Sale of shares under share incentive programme

16 Jul 2024 08:00 CEST

Oslo, 16 July 2024

Reference is made to the previous stock exchange release on 15 July 2024,
regarding exercise of share options under Elkem ASA's ("Elkem" or the "Company",
OSE ticker code: "ELK") share incentive programme.

Pursuant to the sales process conducted by a third party this primary insider
has sold the following number of option shares at a price of NOK 22.8001 per
share:

· Morten Magnus Voll (SVP Strategy and Business Development), sold 25,000
shares at a price of NOK 22.8001 per share, following which he holds 175,000
options and 10,384 shares in the Company.

Further details of the primary insider transactions pursuant to the market abuse
regulation article 19 are attached.

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

For further information, please contact:
Odd-Geir Lyngstad
VP Finance and Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.no

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
7,400 people has a joint commitment to stakeholders: Delivering your potential.
In 2023, Elkem achieved an operating income of NOK 35.5 billion and CDP ratings
of A on Forests, and A- on Climate Change and Water Security. Elkem is listed on
the Oslo Stock Exchange (ticker: ELK), where the company is also included in the
ESG Index. www.elkem.com

More information:
Access the news on Oslo Bors NewsWeb site

623702_KRT_1500_Morten_Magnus_Voll_16072024.pdf
623702_Elkem_ASA_Sale_of_shares_under_share_incentive_programme_16_July_2024.pdf