Oslo, 30 July 2021

Please see below information about transactions made under the share buyback
programme for Elkem ASA.

  · Date on which the buyback programme was announced: 20 July 2021
  · The duration of the buyback programme: 20 July 2021 to 26 September 2021
  · Size of the buyback programme: Up to 10,000,000 shares

From 24 July 2021 until 30 July 2021, Elkem ASA has purchased a total of
1,621,571 own shares at the Oslo Stock Exchange at an average price of NOK
32.8014 per share. Aggregated overview of transactions per day:

Date            Aggregated        Weighted average   Total
                volume(number of  share price (NOK)  transaction
                shares)                              value (NOK)
26 July 2021             324,093            32.9618    10,682,688.65
27 July 2021             325,000            32.7450    10,642,125.00
28 July 2021             325,000            32.8417    10,673,552.50
29 July 2021             322,478            32.9348    10,620,748.43

30 July 2021             325,000            32.5252    10,570.690.00
Previously             1,300,000            32.5426    42,305,315.00
disclosed
buybacks
under the
programme
(accumulated)
Total buybacks         2,921,571            32.6862    95,495,119.58
under the
programme

Following the completion of the above transactions, Elkem ASA owns a total of
3,459,071 own shares, corresponding to 0.54% of Elkem ASA's share capital.

This is information that Elkem ASA is obliged to make public pursuant to the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 the Norwegian Securities Trading Act.

Appendix: A detailed overview of all transactions made under the buyback
programme that have been carried out during the above-mentioned time period is
attached to this report and available at www.newsweb.no.

For further information, please contact:
Odd-Geir Lyngstad
VP Finance and Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.no

About Elkem
Elkem is one of the world's leading providers of advanced material solutions
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 6,800 people has a
joint commitment to stakeholders: Delivering your potential. In 2020, Elkem was
rated among the world's top 5% on climate and achieved an operating income of
NOK 24.7 billion. Elkem is listed on the Oslo Stock Exchange (ticker: ELK).
www.elkem.com

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© Oslo Bors ASA, source Oslo Stock Exchange