#Oslo Stock Exchange #Norway #Oslo #Elkem ASA #Dividend Proposal

Elkem ASA Proposes Dividend for 2024

The board of directors at Elkem ASA, a prominent manufacturer in silicon-based materials, has made a significant announcement regarding dividends for its shareholders. During their meeting, they proposed an ordinary cash dividend of NOK 0.30 per share for the fiscal year 2024. This decision is set to be presented at the Annual General Meeting scheduled for April 30, 2025, where shareholders will have the opportunity to approve this proposal.

Elkem operates with a commitment to sustainability and innovation, leveraging natural resources and renewable energy to create advanced materials that support various sectors including electric mobility, digital communications, and health care. Their business strategy not only focuses on profitable growth but also emphasizes environmental responsibility.

The timeline for this proposed dividend is as follows:

• - Amount: NOK 0.30 per share
• - Declared currency: NOK
• - Date of approval: April 30, 2025
• - Last day including right: April 30, 2025
• - Ex-dividend date: May 2, 2025
• - Record date: May 5, 2025
• - Payment date: Approximately May 12, 2025

This announcement is in accordance with the Norwegian Securities Trading Act's disclosure requirements, ensuring transparency and communication with investors. When shareholders endorse this dividend, it reflects their trust and confidence in Elkem's ongoing operational success and future profitability.

For those interested in more details about Elkem such as their historical performance and future outlook, the company has a well-established reputation, boasting revenues of NOK 33 billion in 2024. This record showcases their growth trajectory and reinforces their position as a leading innovator in the materials sector. Additionally, Elkem has earned high scores for environmental initiatives, receiving an A grade for Forests and Water Security, and a B grade for Climate Change from CDP, which underscores their commitment to sustainable practices.

A substantial aspect of Elkem's strategy is its ability to adjust to market demands while minimizing its ecological footprint. The company's advanced materials are essential for creating a sustainable future, driving innovations that contribute to smarter cities and improved living standards.

For further inquiries, investors and stakeholders are encouraged to reach out to:

• - Odd-Geir Lyngstad - VP Finance & Investor Relations, Tel: +47 976 72 806
• - Marianne Stigset - VP Corporate Communications & Public Affairs, Tel: +47 411 88 482.

In conclusion, Elkem ASA's proposed dividend not only represents a return on investment for its shareholders but also signifies the company's healthy financial standing and commitment to growth and sustainability in the ever-evolving materials industry.