OSLO, Norway, Feb. 13, 2026 /PRNewswire/ -- Reference is made to the stock exchange announcement published earlier today by Elkem ASA ("Elkem" or the "Company") regarding the entry into of an agreement (the "Share Purchase Agreement") to sell the majority of its Silicones division to Bluestar to be settled with all Elkem shares held by Bluestar through Bluestar Elkem International Co. Ltd. S.A. (collectively with its relevant affiliate(s), "Bluestar") (the "Contemplated Transaction").

An extraordinary general meeting of Elkem will be held on 9 March 2026 at 09:00 (CET) to, inter alia, vote on the approval of the Share Purchase Agreement and resolve the redemption of Bluestar's shares. The meeting will be held digitally on the Lumi AGM-platform (including live webcast from the meeting), and with utilisation of electronic voting for all attending shareholders. The full notice is attached, and all relevant documents can be found on www.elkem.com/investor/debt-and-share-information/annual-general-meeting/.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:
Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.com 

About Elkem:
Elkem is one of the world's leading providers of advanced silicon-based materials 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 7,000 people has a joint commitment to stakeholders: Delivering your potential. In 2025, Elkem achieved an operating income of NOK 31 billion. Elkem has been awarded top score of A on Forests and Water Security, and B on Climate Change from CDP. Elkem is listed on the Oslo Stock Exchange (ticker: ELK), where the company is also included in the ESG Index. www.elkem.com.

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SOURCE Elkem