REC Silicon — Share Issue/Capital Change 2026

Apr 17, 2026

REC Silicon ASA - Issuance of underwriting commission shares

REC Silicon ASA - Issuance of underwriting commission shares

Reference is made to previous announcements made by REC Silicon ASA (the

"Company") regarding the fully underwritten rights issue of 4,078,000,000 new

shares in the Company (the "Rights Issue"), including the announcement

regarding the final results of the Rights Issue made on 8 April 2026. As

described in the aforementioned announcement, a total of 113,000,457 new

shares in the Company (the "Underwriting Commission Shares") shall be issued

to the underwriter of the Rights Issue, Anchor AS, at the same subscription

price as in the Rights Issue (i.e. NOK 0.2385 per share), as settlement of the

underwriting fee that Anchor AS is entitled to.

The Underwriting Commission Shares have been resolved issued by the Board of

Directors of the Company, in accordance with the board authorization granted

by the extraordinary general meeting of the Company held on 12 March 2026.

Following registration of the share capital increase pertaining to the

issuance of the Underwriting Commission Shares with the Norwegian Register of

Business Enterprises, the Company's new share capital will be NOK

461,162,611.60 divided on 4,611,626,116 shares, each with a par value of NOK

0.10.

Advisors:

Arctic Securities AS acted as manager and bookrunner in connection with the

Rights Issue. Advokatfirmaet Schjødt AS acted as legal advisor to the Company

in connection with the Rights Issue.

Contacts

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Nils O. Kjerstad

IR Contact

Phone: +47 9135 6659

Email: nils.kjerstad@recsilicon.com

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, through the

agency of the contact persons set out above, at 2026-04-17 12:02 CEST.