Elkem ASA - New share capital registered

Oslo, 8 May 2026

Reference is made to the stock exchange announcement made by Elkem ASA ("Elkem" or the "Company") on 6 May 2026, regarding the successfully placed private placement of 55,555,555 new shares in the Company (the "Private Placement").

The share capital increase pertaining to the 55,555,555 new shares in the Private Placement has now been registered in the Norwegian Register of Business Enterprises. The Company's share capital following such registration is NOK 1,783,291,985 divided into 356,658,397 shares, each with a nominal value of NOK 5.

This information is subject to disclosure under 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.com

About Elkem ASA: Elkem is a pure-play metals and materials company that has driven industrial innovation for over 120 years. The company has globally leading positions in silicon, foundry alloys and carbon products, supplying materials essential to modern infrastructure, manufacturing, digitalisation and the energy transition. Elkem employs over 3,000 people, operates in more than 30 locations, and is headquartered in Oslo, where it is listed on the Oslo Stock Exchange (ELK). www.elkem.com