Elkem

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

Oslo, 19 April 2022

In connection with the annual general meeting of Elkem ASA, to be held on 27

April 2022, 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 52.91% of the

shares and votes in Elkem ASA. In addition, the deputy chair has at the date

hereof received proxies without voting instructions for 101,655 shares from

other shareholders, representing 0.02% 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 0.006% of the shares and votes.

In total, the deputy chair may vote for 338,480,191 shares, representing 52.93%

of the shares and votes at the annual general meeting.

However, at the date hereof, Elkem ASA holds 6,005,636 own shares in the company

representing 0.94% of the shares which cannot be voted for at the annual general

meeting. When deducting these shares, the deputy chair may vote for 53.44% 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 further information, please contact:

Odd-Geir Lyngstad

VP Finance & Investor Relations

Tel: +47 976 72 806

Fredrik Norman

VP Corporate Communications & Public Affairs

Tel: +47 918 66 567

About Elkem

Elkem is one of the world's leading providers of advanced material solutions

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 7,000 people has a

joint commitment to stakeholders: Delivering your potential. In 2021, Elkem

obtained a Platinum

score from EcoVadis, which rated the company among the world's top 1% on

sustainability transparency, and the company achieved an operating income of NOK

33.7 billion. Elkem is listed on the Oslo Stock Exchange (ticker: ELK).

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