Elkem

Board/Management Information • Jan 17, 2023

Change in Elkem's corporate management

Change in Elkem's corporate management

Morten Magnus Voll has been appointed as Elkem's Senior Vice President (SVP) for

Strategy and Business Development. He replaces Frederic Jacquin who has decided

to take on a senior leadership role in Adisseo, a Sinochem Group company.

Morten Magnus Voll will start in his role as SVP for Strategy and Business

Development from 1 February 2023. In the new role, he will be responsible for

corporate strategy and business development, including mergers and acquisitions

(M&A) and new growth projects supporting all of Elkem's business divisions.

Voll comes from the role of VP Finance, IT and Supply Chain for the Silicones

division in Elkem. He has close to 19 years' experience in the company,

including several global leadership roles. He started in the company as a

business analyst and holds a Master of Technology degree from the Norwegian

University of Science and Technology (NTNU).

Frederic Jacquin has been with Elkem and predecessor companies since the early

1990s, for the last eight years in roles as Senior Vice President for Strategy

and Business Development and the Silicones division, respectively. He has been

appointed Chief Operation Officer and Deputy General Manager in Adisseo, a

leading global provider of animal nutrition, where Sinochem Group is among the

main shareholders.

"I am very pleased that Morten has accepted the opportunity to use his

experience in the role of head of Elkem's strategy and business development, and

I look forward to having him as a member of the corporate management team. I

would also like to thank Fred for his decades of dedicated service to Elkem. We

have benefitted strongly from his leadership both in the corporate management

team, at the corporate level and in the Silicones division, and we wish him all

the best in his new role," says Elkem's CEO, Helge Aasen.

For further information, please contact:

Fredrik Norman

VP Corporate Communications and Public Affairs

Tel: +47 918 66 567

Email: fredrik.norman@elkem.com

Odd-Geir Lyngstad

VP Finance and Investor Relations

Tel: +47 976 72 806

Email: odd-geir.lyngstad@elkem.com

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 2022, 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). www.elkem.com