Elkem CEO Helge Aasen to step down; nominated as chairman of Elkem's new board of directors

08 Apr 2026 21:02 CEST

Oslo, 8 April 2026

Elkem ASA ("Elkem") announces that Chief Executive Officer (CEO) Helge Aasen
will be stepping down from his role as CEO. The nomination committee has today
proposed shareholder elected members to the Elkem board of directors with effect
from the completion of the sale of the majority of Elkem's Silicones division to
Bluestar. The nomination committee has proposed that Aasen shall be elected
chairman of the Elkem board with effect from stepping down from the CEO role.

The Annual General Meeting of Elkem will be held on Thursday 30 April 2026.
Aasen will continue to serve as CEO, ensuring a smooth transition until a
successor is appointed and in place.

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

Marianne Stigset
VP Corporate Communications & Public Affairs
Tel: +47 411 88 482
E-mail: marianne.stigset@elkem.com

About Elkem
With a strong track record since 1904, 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 has been awarded top score of A on Forests and Water Security,
and B on Climate Change from CDP. Elkem is listed on the Oslo Stock Exchange
(ticker: ELK), where the company is also included in the ESG
Index. www.elkem.com

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