Elkem — Director's Dealing 2020

May 14, 2020

Elkem ASA – Mandatory notification of trade – primary insider

Oslo, 14 May 2020

Odd-Geir Lyngstad, VP Finance & Investor Relations in Elkem ASA (OSE ticker code: "ELK"), has on 14 May 2020 purchased 3,000 shares in Elkem ASA at a price of NOK 16.30 per share. Following this transaction Odd-Geir Lyngstad holds 11,200 shares and 300,000 options in Elkem ASA.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Odd-Geir Lyngstad VP Finance & Investor Relations Tel: +47 976 72 806 Email: odd-geir.lyngstad@elkem.no

About Elkem ASA

Founded in 1904, Elkem is one of the world's leading suppliers of silicon-based advanced materials with operations throughout the value chain from quartz to specialty silicones, as well as attractive market positions in specialty ferrosilicon alloys and carbon materials. Elkem is a publicly listed company on the Oslo Stock Exchange (ticker code: ELK) and is headquartered in Oslo. The company has more than 6,370 employees with 29 production sites and an extensive network of sales offices worldwide. In 2019 Elkem had revenues of NOK 22.7 billion. To learn more, please visit www.elkem.com