Elkem CEO Helge Aasen to step down; nominated as chairman of Elkem's new board of directors

Oslo, 8 April 2026

Elkem ASA ("Elkem") announces that Chief Executive Officer (CEO) Helge Aasen will be stepping down from his role as CEO. The nomination committee has today proposed shareholder elected members to the Elkem board of directors with effect from the completion of the sale of the majority of Elkem's Silicones division to Bluestar. The nomination committee has proposed that Aasen shall be elected chairman of the Elkem board with effect from stepping down from the CEO role.

The Annual General Meeting of Elkem will be held on Thursday 30 April 2026. Aasen will continue to serve as CEO, ensuring a smooth transition until a successor is appointed and in place.

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

Marianne Stigset VP Corporate Communications & Public Affairs Tel: +47 411 88 482 E-mail: 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