Elkem reports second fatality following accident at Saint-Fons pilot workshop in France

Oslo, Norway - 26 December 2025 - Reference is made to the stock exchangerelease published 24 December 2025 reporting a fatality caused by theexplosionon 22 December at a pilot workshop at the Elkem ASA's Silicones site in Saint-Fons, France. Today, a second employee lost his life as a result of theaccident."On behalf of Elkem's management and all our colleagues, I wish to extend ourheartfelt condolences to the families and loved ones of our colleagues wholosttheir lives. Our company is in shock at the loss of two valued colleagues. Weare fully committed to supporting our employees and their families in everywaypossible during this terrible time," said Elkem CEO Helge Aasen.Two employees remain hospitalised following the accident. Elkem's managementisworking closely with local authorities to coordinate the handling of theaccident. Psychological support services are being provided to all employeesaffected. Elkem has temporarily shut down operations at both the North andSouthsites in Saint-Fons on 22 December, 1.5 days ahead of year-end closure thatwasscheduled to last until 5 January 2026.An internal investigation by Elkem and external investigations by the localauthorities in France have been initiated.For further information, please contact:Marianne Stigset, VP Corporate Communications & Public AffairsEmail: marianne.stigset@elkem.comTel: +47 411 88 482Guillaume Artois, Elkem Silicones Atlantic External Relations DirectorEmail: guillaume.artois@elkem.comTel:+ +33 603 420 757Odd-Geir Lyngstad, VP Finance & Investor RelationsEmail: odd-geir.lyngstad@elkem.comTel: +47 976 72 806About ElkemElkem is one of the world's leading providers of advanced silicon-basedmaterials shaping a better and more sustainable future. The company developssilicones, silicon products and carbon solutions by combining natural rawmaterials, renewable energy and human ingenuity. Elkem helps its customerscreate and improve essential innovations like electric mobility, digitalcommunications, health and personal care as well as smarter and moresustainablecities. With a strong track record since 1904, its global team of more than 7200 people has a joint commitment to stakeholders: Delivering your potential.In2024, Elkem achieved an operating income of NOK 33 billion. Elkem has beenawarded top score of A on Forests and Water Security, and B on Climate Changefrom CDP. Elkem is listed on the Oslo Stock Exchange (ticker: ELK), where thecompany is also included in the ESG Index. www.elkem.comhttps://newsweb.oslobors.no/message/662848