Elkem

Elkem ASA - Bo Li elected as new Chair of the board of directors

Oslo, 22 April 2024

Following Elkem's annual general meeting on 18 April 2024, the board has decided

to elect Bo Li as the new Chair. Bo Li is also Chair of the board of China

National Bluestar (Bluestar), Elkem's majority shareholder, and a subsidiary of

Sinochem.

The former Chair, Zhigang Hao, will continue as board member in Elkem, and holds

the position as CEO of Adisseo, a subsidiary of Bluestar.

Dag J. Opedal will continue as Vice Chair of the board of directors.

For further information, please contact:

Odd-Geir Lyngstad

VP Finance & Investor Relations

Tel: +47 976 72 806

Maria Ekornes Myhre

Acting VP Corporate Communications and Public Affairs

Tel: +47 994 12 707

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

7,400 people has a joint commitment to stakeholders: Delivering your potential.

In 2023, Elkem achieved an operating income of NOK 35.5 billion and CDP ratings

of A on Forests, and A- on Climate Change and Water Security. Elkem is listed on

the Oslo Stock Exchange (ticker: ELK), where the company is also included in the

ESG Index. www.elkem.com

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