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2026-02-13 12:05:47
Oslo, 13 February 2026
Reference is made to the stock exchange announcement published earlier today by
Elkem ASA ("Elkem" or the "Company") regarding the entry into of an agreement
(the "Share Purchase Agreement") to sell the majority of its Silicones division
to Bluestar to be settled with all Elkem shares held by Bluestar through
Bluestar Elkem International Co. Ltd. S.A. (collectively with its relevant
affiliate(s), "Bluestar") (the "Contemplated Transaction").
An extraordinary general meeting of Elkem will be held on 9 March 2026 at 09:00
(CET) to, inter alia, vote on the approval of the Share Purchase Agreement and
resolve the redemption of Bluestar's shares. The meeting will be held digitally
on the Lumi AGM-platform (including live webcast from the meeting), and with
utilisation of electronic voting for all attending shareholders. The full notice
is attached, and all relevant documents can be found on
www.elkem.com/investor/debt-and-share-information/annual-general-meeting/.
This information is subject to the disclosure requirements pursuant to 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 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
7,000 people has a joint commitment to stakeholders: Delivering your potential.
In 2025, Elkem achieved an operating income of NOK 31 billion. 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.