- AGM on 30 April 2026 elected five shareholder board members: Helge Aasen, Marianne E. Johnsen, Christian Must, Astrid Margrethe Hilde and Richard Olav Aa
- Helge Aasen's board seat becomes effective upon his retirement as CEO, and Marianne E. Johnsen will serve as interim chair until then
- The new board approved a fully underwritten EUR 1,000 million refinancing comprising a EUR 400 million Revolving Credit Facility and a EUR 600 million Term Loan
- Both facilities have a five-year tenor and board approval was a condition of the refinancing agreement
Board elections and interim chair
The AGM on 30 April 2026 elected five shareholder board members: Helge Aasen, Marianne E. Johnsen, Christian Must, Astrid Margrethe Hilde and Richard Olav Aa; Helge Aasen's board seat becomes effective on his retirement as CEO and the board resolved that Marianne E. Johnsen will serve as interim chair until his election is effective.
Refinancing approved by new board
Reference is made to the Q1 2026 announcement that Elkem had initiated a refinancing and that a EUR 1,000 million package had been fully underwritten by relationship banks subject to board approval; the new board has now approved the EUR 1,000 million refinancing, consisting of a EUR 400 million Revolving Credit Facility and a EUR 600 million Term Loan, both with five-year tenor.
Regulatory disclosure
This information is disclosed pursuant to section 5-12 of the Norwegian Securities Trading Act.
