Larry Zhang has accepted a new position in Sinochem and Sandy Chen has been
appointed Acting Senior Vice President for Elkem's Silicones division, a leading
global player in fully integrated silicone manufacturing.

Both will step into their new roles with immediate effect.

Sandy Chen comes from the position as the Vice President Asia Pacific region in
the Elkem Silicones division. Sandy has a long and extensive experience both
within leadership and the silicones global business. She holds a polymer
master's degree from Beijing Technology and Business University.

"Elkem is one of the world's leading suppliers of silicon-based advanced
material solutions shaping a better and more sustainable future, and we are
proud to be a global leader in fully-integrated silicone manufacturing. Elkem
pursues a strategy of dual play growth and green leadership, and this will
continue in the Silicones division under Sandy's temporary leadership. I know
Sandy as a committed business leader and I very much look forward to having her
as a temporary member of Elkem's corporate management team, until a permanent
solution is in place," says Elkem's CEO Helge Aasen.

"I am honored to be appointed as the Acting SVP for Elkem's Silicones division
and will do my utmost to lead the global team delivering on our ambitious
targets in 2024," says the acting SVP Silicones Sandy Chen.

Elkem's silicones division is a fully integrated producer from silicon metal to
upstream siloxanes and downstream silicone specialties. The division has two
large expansion projects in France and China which will be finalised in 2024.
These projects will improve the plants' cost positions, mainly through lower
energy and raw material consumption. The new production line in China is
expected to be on level with the current lowest cost producers.

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
Email: maria.ekornes.myhre@elkem.com

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