On May 2, 2022 at Extraordinary General Meeting of the shareholders of REC Silicon ASA, the company approved, as follows from the minutes, the election of Mr. Koo Yung LEE as chairperson of the board of directors and Mr. Maeng Yoon KIM as deputy chair of the board of directors. The Extraordinary General Meeting also approved the election of Dr. Renate Oberhoffer-Fritz and Ms. Heike Heiligtag as members of the board of directors. The election will take effect from the completion of the share purchase by Hanwa Solutions Corporation in Rec Silicon ASA that was announced on 23 March 2022.