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Elkem Director's Dealing 2020

Feb 18, 2020

3589_dirs_2020-02-18_f5dc7d3c-ae6b-4f2a-820f-28f1ea68f8a7.pdf

Director's Dealing

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Elkem ASA – Mandatory notification of trade – primary insiders

Oslo, 18 February 2020

Marianne Færøyvik, employee representative board member in Elkem ASA (OSE ticker code: "ELK"), has on 18 February 2020 purchased 2,250 shares in Elkem ASA at a price of NOK 22.34 per share. Following this transaction Marianne Færøyvik holds 4,950 shares 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: [email protected]

About Elkem

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 and is headquartered in Oslo. The company has approx. 6300 employees with 29 production sites worldwide. In 2018 Elkem had revenues of 25.9 billion NOK. To learn more, please visit www.elkem.com