Oslo, 1 February 2024

Reference is made to stock exchange notification 24 August 2023 regarding the
issue of senior unsecured green NOK bonds.

Finanstilsynet (The Financial Supervisory Authority of Norway) has on 29 January
2024 approved the base prospectus with attachments prepared by Elkem ASA in
connection with the listing on Oslo Børs for:

  · ISIN NO0013005306 - NOK 1,000,000,000 senior unsecured green bond issue FRN
2023/2028
  · ISIN NO0013007401 - NOK 1,000,000,000 senior unsecured green bond 5.75%
2023/2028

The prospectus with appendices and Final terms is available on the company's
website: www.elkem.com

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 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
7,300 people has a joint commitment to stakeholders: Delivering your potential.
In 2022, Elkem achieved an operating income of NOK 45.9 billion and CDP ratings
of A- on climate and forest. Elkem is listed on the Oslo Stock Exchange (ticker:
ELK), where the company is also included in the ESG Index. www.elkem.com