Elkem ASA - Successful placement of senior unsecured green NOK bonds

Oslo, 24 August 2023

Reference is made to the stock exchange notice dated 22 August 2023. Elkem ASA has today successfully issued NOK 1,000 million of new senior unsecured green bonds. NOK 650 million has been issued with a tenor of 5 years and a coupon of 3 month Nibor + 1.55 % per annum while NOK 350 million has been issued with a tenor of 5 years and a fixed coupon of 5.75 % per annum. The transaction was oversubscribed. Settlement will take place on 31 August 2023.

Danske Bank and DNB Markets have acted as Joint Lead Managers and Green Bond Advisors for the bond issuance.

This information is subject of 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 7,300 people has a joint commitment to stakeholders: Delivering your potential. In 2022, Elkem achieved an operating income of NOK 45.9 billion and CDP ratings of A- on climate and forest. Elkem is listed on the Oslo Stock Exchange (ticker: ELK), where the company is also included in the ESG Index. www.elkem.com