Clarification regarding the conditional underwritten equity issue in Elkem

Core Viewpoint - Elkem is conducting a NOK 1,500 million underwritten equity issue through a bookbuilding process, with careful consideration of shareholder interests in the allocation of new shares [1]. Group 1: Equity Issue Details - The NOK 1,500 million equity issue will be subject to market conditions and terms, with a minimum application amount and allocation criteria to be determined by the Board [1]. - A repair offering will follow, allowing existing shareholders to subscribe for new shares at the same subscription price [1]. Group 2: Company Overview - Elkem is a leading provider of advanced silicon-based materials, focusing on sustainable solutions in various sectors including electric mobility and digital communications [1]. - The company reported an operating income of NOK 31 billion in 2025 and has a workforce of over 7,000 people [1]. - Elkem has received high scores for environmental performance, including an A on Forests and Water Security and a B on Climate Change from CDP [1].