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REC Silicon

Legal Proceedings Report Jul 2, 2025

3726_rns_2025-07-01_843f0bcc-375b-4bcc-abfb-7baa1c43df41.html

Legal Proceedings Report

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REC Silicon - Establishment of investigative sub-committee of the board

REC Silicon - Establishment of investigative sub-committee of the board

Moses Lake, Washington USA - July 2, 2025:

REC Silicon ASA ("REC") announces today that the board of directors has formed

an investigative sub-committee (the "Sub-Committee") of the board.

The mandate of the Sub-Committee is, pursuant to the shareholder resolution on

a potential investigation approved by the annual general meeting on 25 June

2025, to facilitate for the investigation by exploring relevant circumstances

around the decision by the Company, as announced on 24 January 2025, to enter

into a termination agreement concerning the full-form supply agreement with

Hanwha Q Cells Georgia Inc.

The board of directors is diligently exploring all available options to create

shareholder value.

Contacts

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Nils O. Kjerstad

IR Contact

Phone: +47 9135 6659

Email: [email protected]

About REC Silicon

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

high-purity silicon gases to the solar and electronics industries worldwide.

We combine over 40 years of experience and proprietary technology with the

needs of our customers. Listed on the Oslo Stock Exchange (ticker: RECSI), the

Company is headquartered in Lysaker, Norway.

For more information, go to: www.recsilicon.com

This information is subject to disclosure under the Norwegian Securities

Trading Act, §5-12. The information was submitted for publication at

2025-07-02 00:31 CEST.

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