Elkem

AGM Information • Sep 13, 2024

To the shareholders of Elkem ASA

NOTICE OF AN EXTRAORDINARY GENERAL MEETING

An extraordinary general meeting of Elkem ASA will be held on 8 October 2024 at 09:00 (CET) by way of a digital meeting.

Shareholders may cast their votes electronically in real time or alternative in advance or by proxy. A guide on digital attendance and electronical voting is set out in an appendix to the notice and available on Elkem ASA's website.

All information regarding the extraordinary general meeting and all documents what will be dealt with by the extraordinary general meeting, are available on the following website: https://www.elkem.com/investor/debt-andshare-information/annual-general-meeting/.

The following maters are on the agenda for the extraordinary general meeting:

1. OPENING OF THE EXTRAODINARY MEETING

The deputy chairman of the board of directors, Dag Jakob Opedal, will open the meeting and ensure the preparation of a list of the shareholders present at the extraordinary general meeting, either by advance vote, by proxy or by digitally logon to the digital meeting.

2. ELECTION OF CHAIRPERSON FOR THE MEETING AND A PERSON TO CO-SIGN THE MINUTES

The board of directors proposes that attorney Hans Cappelen Arnesen, partner in Advokatfirmaet Thommessen AS is elected as chairperson for the meeting. The board of directors therefore propose that the general meeting adopts the following resolution:

"The general meeting elects Hans Cappelen Arnesen to chair the meeting".

Further, the board of directors proposes that Morten Viga is elected to co-sign the minutes together with the chairperson of the meeting and that the general meeting adopts the following resolution:

"The general meeting elects Morten Viga to co-sign the minutes together with the chairperson of the meeting".

3. APPROVAL OF THE NOTICE AND THE AGENDA

The board of directors proposes that the general meeting approves the notice and the agenda for the meeting by adopting the following resolution:

"The notice and the proposed agenda is approved, and the extraordinary general meeting is considered validly convened."

4. ELECTION OF MEMBERS TO THE BOARD OF DIRECTORS

Reference is made to the proposal from the nomination committee, which is available on the company's website.

The board of directors proposes that the general meeting votes on the proposal on the election of shareholder elected members to the board of directors by one combined vote and adopts the following resolution:

"The general meeting endorses the recommendation from the nomination committee on the election of shareholder elected members to the board of directors. The general meeting resolves to replace Zhigang Hao with Wei Yao and to replace Yougen Ge with Dachuan Dong, both effective from the general meeting's resolution until the company's annual general meeting in 2026".

5. ELECTION OF MEMBER TO THE NOMINATION COMMITTEE

Reference is made to the proposal from the nomination committee, which is available at the company's website.

The board of directors propose that the general meeting considers the proposal for election of members to the nomination committee, and adopts the following resolution:

"The general meeting endorses the recommendation from the nomination committee, and resolved that Lingxiao Liu replaces Dachuan Dong as a member of the nomination committee, effective from the general meeting's resolution until the company's annual general meeting in 2026."

Elkem ASA

Visiting address: Drammensveien 169, 0277 Oslo, Norway

* * * *

Postal address: P.O. Box 334 Skøyen, NO-0213 Oslo

T: +47 22 45 01 00 www.elkem.no

Attendance

Those who are shareholders of the company on 1. oktober 2024 (the record date) will be entitled to participate and vote at the general meeting (ref section 5-2 of the Norwegian Public Limited Liability Companies Act).

In accordance with the Norwegian Public Limited Liability Companies Act, the board of directors has decided that the general meeting shall be concluded by way of a digital meeting by using Lumi AGM's digital platform, and the board of directors have considered that a digital meeting will be a proper conduct of the general meeting. The extraordinary general meeting will therefore be held digitally with electronic casting of votes.

To connect to the digital part of the meeting – which is required to cast votes at the meeting – all attendees have to log on the website: https://dnb.lumiagm.com/. Elkem ASA's meeting ID will be: 114-912-600. Alternatively a shareholder may use the following direct link; https://dnb.lumiagm.com/114912600.

Shareholders attending the general meeting do not need to pre-register (see below for custodians). Please note that attendance will require logon before the meeting starts. Login will be possible one hour in advance. Further guide on digital attendance is set out in appendix to this notice and available on the company's website. Secure identification of all shareholders that want to attend the extraordinary general meeting is made by use of the reference number and the PIN-code provided in the attached form for voting and proxy or can be found on the individual accounts within the VPS Investor Services.

Please note that custodians must register their participation at the extraordinary general meeting in advance and no later than 2 business days before the general meeting, cf. section 5-3 of the Norwegian Public Limited Liability Companies Act.

Guests

Guests and shareholders that will not cast votes during the meeting, may attend the extraordinary general meeting through https://dnb.lumiagm.com/114912600. Attendees through the webcast via Elkem's website will not be logged into the Lumi AGM platform and consequently not be able to raise questions or cast votes.

Vote in advance

A shareholder not able to participate by himself/herself at the general meeting, may by 4 October 2024 16:00 (CET) cast a vote in advance on each agenda item (i) via a link at the company's website (the reference number and the PIN-code given in the combined form for voting and proxy, are required), or (ii) via VPS Investor Services or by email to genf@dnb.no or by post to DNB Bank ASA, Registrars Department, P.O. Box 1600 Sentrum, 0021 Oslo, Norway. Within the deadline set for voting in advance, the votes given can be withdrawn or replaced.

Proxy

Shareholders wishing to vote at the extraordinary general meeting by proxy may send their proxy form (i) by e-mail to genf@dnb.no or (ii) by post to DNB Bank ASA, Registrars Department, P.O. Box 1600 Sentrum, 0021 Oslo, Norway. The proxy form must be received by DNB Bank ASA within 8 October 2024 16:00 (CET). Proxies issued without voting instructions may also be submitted electronically (i) via a link at the company's website or (ii) through VPS Investor Services. A combined voting and proxy form with instructions for use has been distributed to the shareholders as an appendix to this notice and is also available on https://www.elkem.com/investor/debt-and-shareinformation/annual-general-meeting/. Identity papers of both the proxyholder and the shareholder, and a certificate of registration if the shareholder is a corporate body, must be enclosed with the proxy form which also needs to be signed and dated.

Shareholders that cast votes in advance or grants a proxy can still log on the extraordinary general meeting to follow the business and raise questions, but the shareholders will be prevented from casting additional votes. However, given proxies can be withdrawn by sending a message in the chat room of the meeting, after having logged on before the meeting starts. DNB Bank ASA, Registrars Department, will then be able to reset the right to cast votes. For shareholders following the live webcast without logging on via Lumi AGM as a shareholder, the advanced vote/proxy will remain effective.

Shares registered by nominee / custodian accounts

According to the Norwegian Public Limited Liability Companies Act § 1-8, as well as regulations on intermediaries covered by the Central Securities Act § 4-5 and related implementing regulations, notice is sent to custodians who pass on to shareholders for whom they hold shares. Shareholders must communicate with their custodians, who are responsible for conveying votes or enrollment. Custodians must according to Section 5-3 of the Norwegian Public Limited Liability Companies Act register this with the company no later than 2 business days before the general meeting.

Elkem ASA

Visiting address: Drammensveien 169, 0277 Oslo, Norway

Postal address: P.O. Box 334 Skøyen, NO-0213 Oslo

T: +47 22 45 01 00 www.elkem.no

Shareholders' rights in connection with the general meeting

Shareholders can require that members of the board of directors and the CEO during the extraordinary general meeting provide available information about matters which may affect the assessment of (i) the approval of the annual accounts and the annual report; (ii) items that are presented to the shareholders for decision; and (iii) the company's financial situation, including information about activities in other companies in which the company participates, and (iv) other matters to be discussed at the general meeting, unless the requested information cannot be disclosed without causing disproportionate harm to the company. Shareholders have the right to table draft resolutions for items included in the agenda.

Number of shares with voting rights

Elkem ASA is a public limited liability company governed by Norwegian law, including the Norwegian Public Limited Liability Companies Act and the Norwegian Securities Trading Act. As of the date of this notice, the company has issued in total 639,441,378 shares, each of which represent one vote. The shares also confer equal rights in all other respects. As of the date of this notice, Elkem ASA owns 5,271,900 shares which will not be voted for. The total number of shares with voting rights is accordingly 634,169,478.

Other matters

This notice, other agenda papers and the company's Articles of Association are available at the company's website. However, shareholders may receive copies of the documents upon request by contacting Elkem ASA, Investor Relations, at e-mail address: odd-geir.lyngstad@elkem.com. A combined form for voting in advance and proxy for the extraordinary general meeting has been distributed to the shareholders together with this notice of the meeting

* * * *

Oslo, 13 September 2024 On behalf of the board of directors of Elkem ASA

Bo Li Chair of the board

Appendices:

Appendix 1: Form of advance vote and proxy

Overview of documents available at Elkem ASA's website:

• Form of advance vote and proxy 1:
• The recommendation from the Nomination Committee (agenda no. 4) 2:
• The recommendation from the Nomination Committee (agenda no. 5) 3:
• Guideline for digital participation 4:

Elkem ASA Visiting address: Drammensveien 169, 0277 Oslo, Norway

Postal address: P.O. Box 334 Skøyen, NO-0213 Oslo

T: +47 22 45 01 00 www.elkem.no

Ref no: PIN-code:

Notice of an extraordinary general meeting

An extraordinary general meeting in Elkem ASA will be held on 8 October 2024 at 09:00 (CET) as a virtual meeting.

The shareholder is registered with the following amount of shares at summons: ____________________________ and vote for the number of shares registered in Euronext per Record date 1 October 2024.

The extraordinary general meeting is held as a digital meeting whereby shareholders must participate online and may cast their vote electronically. If a shareholder wishes to participate, but not vote in the meeting, a proxy or advance vote may be given. A guide describing how you as a shareholder should participate digitally at the extraordinary general meeting is available on the company's website at:

https://www.elkem.com/investor/debt-and-share-information/annual-general-meeting/

The deadline for electronic registration of advance votes, proxy of and instructions is 4 October 2024 at 16:00 (CET).

Shares held by custodians

According to the Public Limited Liability Companies Act § 1-8, as well as regulations on intermediaries covered by the Central Securities Act § 4-5 and related implementing regulations, notice is sent to custodians who pass on to shareholders for whom they hold shares. Shareholders must communicate with their custodians, who is responsible for conveying votes or enrollment. Custodians must according to Section 5-3 of the Norwegian Public Limited Liability Companies Act register this with the company no later than 2 business days before the general meeting.

Advance votes

Advance votes may only be casted electronically through the company's website (see link above) using your reference number and PIN code, or via VPS Investor Services. See more on advance votes below.

Electronic registration

(Alternatively, "Form for submission by post or e-mail for shareholders who cannot register their elections electronically".

Step 1 – Register during the enrollment/registration period:

• § Either through the company's website:https://www.elkem.com/investor/debt-and-share-information/annual-general-meeting/ using a reference number and PIN-code (for those of you who receive the notice by post-service), or
• § Log in through VPS Investor services; available athttps://investor.vps.no/garm/auth/login or through own account manager (bank/broker). Once logged in – choose Corporate Actions – General Meeting – ISIN.

You will see your name, reference number, PIN-code and balance. At the bottom you will find these choices:

"Enroll" - There is no need for registration for online participation. "Advance vote" - If you would like to vote in advance of the meeting "Delegate Proxy" - Give proxy to the chair of the board or another person "Close" - Press this if you do not wish to make any registration.

Step 2 – general meeting day:

Online participation: Please login through https://dnb.lumiagm.com/114912600. You must identify yourself using the reference number and PIN-code from VPS – see step 1 above. Shareholders can also get their reference number and PIN-code by contacting DNB Bank Registrars Department by phone +47 23 26 80 20 (08:00 – 3:30).

If you are not logged in before the meeting starts, you will be granted access, but without the right to vote.

Ref no: PIN-code:

Form for submission by post or e-mail for shareholders who cannot register their elections electronically (ref the previous page).

The signed form can be sent as an attachment in an e-mail* to genf@dnb.no (scan this form) or by post service to DNB Bank Registrars Department, P.O Box 1600 Sentrum, 0021 Oslo. Deadline for registration of advance votes, proxies and instructions must be received no later than 4 October 2024 at 16:00 (CET) If the shareholder is a company, the signature must be in accordance with the company certificate.

*Will be unsecured unless the sender himself secure the e-mail.

_______________________________________ shares would like to be represented at the general meeting

in Elkem ASA as follows (mark off):

• ☐ Proxy to the Chair of the Board of directors or the person he or she authorizes (mark "For", "Against" or "Abstain" on the individual items below if you want the Proxy to be with instructions)
• ☐ Advance votes (mark «For», «Against» or «Abstain» on the individual items below)

___________________________________________________________________

☐ Open proxy to the following person (do not mark items below – agree directly with your proxy solicitor if you wish to give instructions on how to vote)

(enter the proxy solicitors name in the block letters)

Note: Proxy solicitor must contact DNB Bank Registrars Department by phone +47 23 26 80 20 (08:00-am – 3:30 pm) for login details.

Voting shall take place in accordance with the instructions below. Missing or unclear markings are considered a vote in line with the board's and the election committee's recommendations. If a proposal is put forward in addition to, or as a replacement for, the proposal in the notice, the proxy solicitor determines the voting.

	Agenda for the extraordinary general meeting	For	Against	Abstention
2	Election of chairperson for the meeting and a person to countersign the minutes
	a) Election of Hans Cappelen Arnesen as Chairperson for the meeting			
	b) Election of Morten Viga to countersign the minutes			
3	Approval of the notice and the agenda			
4	Election of directors to the board of directors			
5	Election of member to the nomination committee			

The form must be dated and signed

Place Date Shareholder's signature

GUIDE FOR ONLINE PARTICIPATION ELKEM ASA 8 OCTOBER 2024

Elkem ASA will hold an extraordinary general meeting on 8 October 2024 at 09:00 (CET) as a digital meeting, where you get the opportunity to participate online with your PC, phone or tablet. Below is a description of how to participate online.

We also point out that you also can vote in advance or give a proxy before the meeting. See the notice for further details on advance voting and how to authorize a proxy. If you vote in advance or give a proxy, you can still log on to the general meeting to follow and ask questions, but you will not have the opportunity to vote on the items.

By participating online, shareholders will receive a live webcast from the general meeting, the opportunity to ask written questions, and vote on each of the items. Secure identification of shareholders is done by using the unique reference number and PIN code assigned to each shareholder by the Norwegian Central Securities Depository (Euronext VPS) in relation to this General Meeting.

No registration is required for shareholders who want to participate online, but shareholders must be logged in before the general meeting starts. Log ins after meeting has started will receive access, but with no voting rights.

Shareholder who do not find their reference number and PIN code for access, or have other technical questions is welcome to call DNB Registrars Department on phone + 47 23 26 80 20 (between 08:00-15:30)

HOW TO ACCESS THE ONLINE GENERAL MEETING

To be able to participate online, you must go to the following website: https://dnb.lumiagm.com

either on your smartphone, tablet or PC. All major known browsers, such as Chrome, Safari, Edge, Firefox etc. are supported.

enter Meeting ID: 114-912-600 and click Join:

Alternatively put direct link in your browser https://dnb.lumiagm.com/114912600

As the company has decided to allow for guest log ins you will be prompted to decide between

Aksjonær/shareholder Ref.nr & PIN
Gjestepålogging/ Guests

If you choose Guests, you will be asked to state your name and e-mail. You will not have voting rights or the right to speak in the meeting.

If you are a shareholder, choose Shareholder Ref.nr & PIN. You must then identify yourself with.

a) Ref. number from VPS for the general meeting

b) PIN code from VPS for general meeting

Once you have logged in, you will be taken to the information page for the general meeting. Here you will find information from the company, and how this works technically. Note that you must have internet access throughout the meeting. If you for some reason log off, just log in again following steps above.

HOW TO RECEIVE YOUR REFERENCE NUMBER AND PIN CODE

All shareholders registered in the VPS are assigned their own unique reference and PIN code for use in the General Meeting, available to each shareholder through VPS Investor Services. Access VPS Investor Services, select Corporate Actions, General Meeting. Click on the ISIN and you can see your reference number (Ref.nr.) and PIN code.

All VPS directly registered shareholders have access to investor services either via https://investor.vps.no/garm/auth/login or internet bank. Contact your VPS account operator if you do not have access.

Shareholders who have not selected electronic corporate messages in Investor Services will also receive their reference number and PIN code by post together with the summons from the company (on registration form).

Custodian registered shareholders: Shares held through Custodians (nominee) accounts must exercise their voting rights through their custodian. Please contact your custodian for further information.

HOW TO VOTE

When items are available for voting, you can vote on all items as quickly as you wish. Items are closed for voting as the general meeting considers them. Items will be pushed to your screen. Click on the vote icon if you click away from the poll.

To vote, press your choice on each of the issues. FOR, AGAINST or ABSTAIN. Once you have cast your vote, you will see that your choice is marked. You also get a choice where you can vote jointly on all items. If you use this option, you can still override the choice on items one by one if desired.

To change your vote, click on another option. You can also choose to cancel. You can change or cancel your vote until the chair of the meeting concludes the voting on the individual items. Your last choice will be valid.

NB: Logged in shareholders who have voted in advance or given a power of attorney will not have the opportunity to vote but can follow and write messages if desired.

02-UK 9	15:54 Poll Open	@ 33%
Split Voting
2. Valg av møteleder og person til å medundertegne protokollen / Election of person to chair the meeting and election of a person to co-sign the minutes together with the chair
Select a choice to send.
For / For
Mot / Against
Avstar / Abstain
Cancel

QUESTIONS TO THE CHAIRPERSON

Questions or messages relating to the items on the agenda can be submitted by the shareholder or appointed proxy at any time during the meeting as long as chair of the meeting holds this open.

If you would like to ask a question relating to the items on the agenda, select the messaging icon.

Enter your question in the message box that says "Ask a Question". When you have finished writing your question, click on the submit button.

Questions submitted online will be moderated before going to the chair. This is to avoid repetition of questions as well as removal of inappropriate language.

All shareholders who submit questions will be identified with their full names, but not holding of shares.