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Regulatory press release

Elkem ASA - Bo Li elected as new Chair of the board of directors

Elkem
Oslo, 22 April 2024

Following Elkem's annual general meeting on 18 April 2024, the board has decided
to elect Bo Li as the new Chair. Bo Li is also Chair of the board of China
National Bluestar (Bluestar), Elkem's majority shareholder, and a subsidiary of
Sinochem.

The former Chair, Zhigang Hao, will continue as board member in Elkem, and holds
the position as CEO of Adisseo, a subsidiary of Bluestar.

Dag J. Opedal will continue as Vice Chair of the board of directors.

For further information, please contact:
Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.com

Maria Ekornes Myhre
Acting VP Corporate Communications and Public Affairs
Tel: +47 994 12 707
E-mail: maria.ekornes.myhre@elkem.com

About Elkem:
Elkem is one of the world's leading providers of advanced silicon-based
materials 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
7,400 people has a joint commitment to stakeholders: Delivering your potential.
In 2023, Elkem achieved an operating income of NOK 35.5 billion and CDP ratings
of A on Forests, and A- on Climate Change and Water Security. Elkem is listed on
the Oslo Stock Exchange (ticker: ELK), where the company is also included in the
ESG Index. www.elkem.com
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