REC Silicon

Legal Proceedings Report • Jul 2, 2025

REC Silicon - Establishment of investigative subcommittee 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

Nils O. Kjerstad IR Contact Phone: +47 9135 6659 Email: nils.kjerstad@recsilicon.com

About REC Silicon

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.

Attachments

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