Elkem ASA - Mandatory notification of trade - primary insider

Oslo, 27 August 2026

On 27 August 2026, Astrid Margrethe Hilde, member of the board of directors in
Elkem ASA (OSE ticker code: "ELK") and closely associated person, has through A.
Hilde Invest AS purchased 1,800 shares in Elkem ASA at an average price of NOK
32.40 per share. Following this transaction Astrid Margrethe Hilde indirectly
holds 1,800 shares in Elkem ASA.

Please refer to the attached notification of trade for further information.

This information is subject to the disclosure requirements pursuant to article
19 of the EU Market Abuse Regulation and 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
Elkem is a global metals and materials company established in 1904. The company
holds leading positions in silicon, ferrosilicon, foundry alloys and carbon
solutions, supplying materials essential to modern society - from critical
infrastructure and manufacturing to digitalisation, mobility and energy
solutions. Elkem produces its materials by combining natural raw materials,
renewable energy and advanced process technology, creating solutions that enable
a more sustainable future. The company employs around 3,000 people, operates in
more than 30 locations across Europe, Asia, the Americas and Africa, and is
headquartered in Oslo, Norway where it is listed on the Oslo Stock Exchange
(ELK). Driven by innovation. Powered by nature. Shaping the future.
innovation. Powered by nature. Shaping the future.\