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REC Silicon

Report Publication Announcement Dec 4, 2020

3726_rns_2020-12-04_b4579aef-64cd-42e4-b47d-4729682ad0c0.html

Report Publication Announcement

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REC Silicon - Approval and publication of prospectus

REC Silicon - Approval and publication of prospectus

Lysaker, 4 December 2020. Reference is made to the stock exchange announcements

by REC Silicon ASA (the "Company") on 14 October 2020 and 15 October 2020

regarding the successful completion of a private placement raising gross

proceeds of approximately NOK 1,000 million (the "Private Placement").

A prospectus for listing of the 92,592,592 new shares in the Company issued in

connection with the Private Placement was approved by the Financial Supervisory

Authority of Norway on 4 December 2020. The prospectus and a summary of the

prospectus will be available at the Company's website www.recsilicon.com.

For further information, please contact:

James A. May II, Chief Financial Officer

Phone: +1 509 989 1023

Email: [email protected]

Nils O. Kjerstad

IR Contact

Phone: +47 9135 6659

Email: [email protected]

About the Company:

REC Silicon is a leading producer of advanced silicon materials, delivering

high-purity polysilicon and silicon gas to the solar and electronics industries

worldwide. We combine over 30 years of experience and proprietary technology

with the needs of our customers, with annual production capacity of more than

20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on

the Oslo Stock Exchange (ticker: RECSI), the Company is headquartered in

Lysaker, Norway. For more information, please visit: www.recsilicon.com.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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