Elkem ASA - Bluestar discloses new shareholding
Oslo, 30 April 2026
Reference is made to Elkem ASA's ("Elkem") announcement made on 30 April 2026 regarding the completion of the sale of the majority of its Silicones division to Bluestar (the "Silicones Transaction").
As part of completion of the Silicones Transaction, all of Bluestar Elkem International Co. Ltd. S.A's 338,338,536 shares in Elkem have been redeemed, and Bluestar Elkem International Co. Ltd. S.A.is no longer a shareholder of Elkem. Please see attached form of notification for further details.
This disclosure is made pursuant to article 19 of the EU Market Abuse Regulation and sections 4-2 and 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.com
Marianne Stigset VP Corporate Communications & Public Affairs Tel: +47 411 88 482 Email: marianne.stigset@elkem.com
About Elkem:
With a strong track record since 1904, 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 has been awarded top score of A on Forests and Water Security, and B on Climate Change from CDP. Elkem is listed on the Oslo Stock Exchange (ticker: ELK), where the company is also included in the ESG Index. www.elkem.com