Elkem ASA – Mandatory notification of trade – primary insider

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Oslo, 26 March 2021

Helge Aasen, board member of Elkem ASA (OSE ticker code: "ELK"), has on 26 March 2021 sold 40,000 shares in Elkem ASA at a price of NOK 37.00 per share. Following this transaction Helge Aasen holds 46,206 shares and 167,000 options in Elkem ASA.

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 & Investor Relations
Tel: +47 976 72 806
Email: 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.