Elkem Company Overview and Financials slide image

Elkem Company Overview and Financials

Electrification constitutes an important growth area for Elkem and a significant green value creation opportunity Key highlights 4× higher silicones content in EVs (than ICE vehicles) Elkem Advanced Battery Materials - shaping the future of batteries Large, untapped market opportunity in battery materials Anode material demand in Europe & North America ('000 tonnes) Synthetic graphite 800 Sustainable, energy efficient production process Emission reductions versus market standard production process¹ Natural graphite Aim to build a leading position in advanced battery materials Silicon-based materials 516 Announced battery cell manufacturing (Europe & NaM) FREYR Panasonic PSA GROUPE MORYON FARASIS CATL DO Clean hydro power Disruptive technology 90% reduction Herøya selected for industrial site with FID in 2021 SAMSUNG TESLA SVOLT SAMSUNG SDI 96 96 TOTAL SK innovation Acheson furnace process emissions Elkem greener processing Industrial pilot testing initiated during Q1'21 LG Energy Solution Envision AESC 2020 2025 2030 Ongoing partnership process Elkem Empowering a Greener Life by building the leading, most sustainable customer-focused material solutions for energy storage markets in Europe and North America by 2025 Source: Benchmark Mineral Intelligence; Elkem 1) Indirect CO2 emissions based on data from www.nve.no and www.iea.org of synthetic graphite production 19
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