Elkem

Proxy Solicitation & Information Statement • Apr 24, 2019

Elkem ASA - Disclosure of voting proxies for the annual general meeting

Elkem ASA - Disclosure of voting proxies for the annual general meeting

Oslo, 24 April 2019

In connection with the annual general meeting of Elkem ASA, to be held on 30

April 2019, the chairman of the board of directors, Michael Koenig, has received

a proxy without voting instructions to vote for the 338,338,536 shares held by

Bluestar Elkem Int. Co. Ltd S.A, representing 58.2% of the shares and votes in

Elkem ASA. In addition, the chairman has received proxies without voting

instructions for 355,366 shares from other shareholders, representing 0.06% of

the shares and votes. The proxies received are only valid for the annual general

meeting and will lapse automatically thereafter.

The chairman of the board of directors also personally owns 68,965 shares in

Elkem ASA, representing 0.01% of the shares and votes, meaning that the chairman

may vote for a total of 338,762,867 shares, representing 58.27% of the shares

and votes at the annual general meeting.

This information is subject to disclosure pursuant to section 4-3 of the

Norwegian Securities Trading Act.

For further queries, please contact:

Odd-Geir Lyngstad

VP Treasury and Investor Relations

Tel: +47 976 72 806

About Elkem

Founded in 1904, Elkem is one of the world's leading companies in the

environmentally responsible manufacture of metals and materials. Elkem is a

fully integrated producer with operations throughout the silicon value chain

from quartz to silicon and downstream silicone specialities as well as

speciality ferrosilicon alloys and carbon materials. Elkem's more than 6,200

employees and significant R&D activities provide a solid basis for further

technology-driven growth and optimisation. Elkem is headquartered in Oslo and

listed on the Oslo Stock Exchange. The company's 27 production sites and

extensive network of sales offices and agents around the world ensure proximity

to customers and access to attractive end markets. In 2018 Elkem's total group

revenue amounted to NOK 25,887 million. Visit www.elkem.com to read more.