Elkem ASA – Disclosure of voting proxies for the annual general meeting

Oslo, 24 April 2019

In connection with the annual general meeting of Elkem ASA, to be held on 30 April 2019, the chairman of the board of directors, Michael Koenig, has received a proxy without voting instructions to vote for the 338,338,536 shares held by Bluestar Elkem Int. Co. Ltd S.A, representing 58.2% of the shares and votes in Elkem ASA. In addition, the chairman has received proxies without voting instructions for 355,366 shares from other shareholders, representing 0.06% of the shares and votes. The proxies received are only valid for the annual general meeting and will lapse automatically thereafter.

The chairman of the board of directors also personally owns 68,965 shares in Elkem ASA, representing 0.01% of the shares and votes, meaning that the chairman may vote for a total of 338,762,867 shares, representing 58.27% of the shares and votes at the annual general meeting.

This information is subject to disclosure pursuant to section 4-3 of the Norwegian Securities Trading Act.

For further queries, please contact:

Odd-Geir Lyngstad
VP Treasury and Investor Relations
Tel: +47 976 72 806

About Elkem
Founded in 1904, Elkem is one of the world's leading companies in the environmentally responsible manufacture of metals and materials. Elkem is a fully integrated producer with operations throughout the silicon value chain from quartz to silicon and downstream silicone specialities as well as speciality ferrosilicon alloys and carbon materials. Elkem's more than 6,200 employees and significant R&D activities provide a solid basis for further technology-driven growth and optimisation. Elkem is headquartered in Oslo and listed on the Oslo Stock Exchange. The company's 27 production sites and extensive network of sales offices and agents around the world ensure proximity to customers and access to attractive end markets. In 2018 Elkem's total group revenue amounted to NOK 25,887 million. Visit www.elkem.com to read more.