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

Oslo, 7 April 2021

In connection with the annual general meeting of Elkem ASA, to be held on 27 April 2021, the deputy chair of the board of directors, Mr. Dag J. Opedal, 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 58.036% of the shares and votes in Elkem ASA. In addition, the deputy chair has as the date hereof received proxies without voting instructions for 12,005 shares from other shareholders, representing 0.002% of the shares and votes. The proxies received are only valid for the annual general meeting and will lapse automatically thereafter.

The deputy chair also personally controls 40,000 shares in Elkem ASA, representing 0.007% of the shares and votes.

In total, the deputy chair may vote for 338,390,541 shares, representing 58.045% of the shares and votes at the annual general meeting.

However, at the date hereof, Elkem ASA holds 1,000,000 own shares in the company representing 0.172% of the shares and votes which cannot be voted for at the annual general meeting. When deducting these shares, the deputy chair may vote for 58.144% 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 more information:
Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47 976 72 806
E-mail: odd-geir.lyngstad@elkem.no

About Elkem
Founded in 1904, Elkem is one of the world's leading suppliers of silicon-based advanced materials with operations throughout the value chain from quartz to specialty silicones, as well as attractive market positions in specialty ferrosilicon alloys and carbon materials. Elkem is a publicly listed company on the Oslo Stock Exchange (ticker code: ELK) and is headquartered in Oslo. The Company has more than 6,800 employees with 29 production sites and an extensive network of sales offices worldwide. In 2020 Elkem had total operating income of NOK 24.7 billion. Further information is available on www.elkem.com