Reference is made to previous announcements made by REC Silicon ASA (the "Company") regarding the fully underwritten rights issue of 4,078,000,000 new shares in the Company (the "Rights Issue"), including the announcement regarding the final results of the Rights Issue made on 8 April 2026. As described in the aforementioned announcement, a total of 113,000,457 new shares in the Company (the "Underwriting Commission Shares") shall be issued to the underwriter of the Rights Issue, Anchor AS, at the same subscription price as in the Rights Issue (i.e. NOK 0.2385 per share), as settlement of the underwriting fee that Anchor AS is entitled to.
The Underwriting Commission Shares have been resolved issued by the Board of Directors of the Company, in accordance with the board authorization granted by the extraordinary general meeting of the Company held on 12 March 2026. Following registration of the share capital increase pertaining to the issuance of the Underwriting Commission Shares with the Norwegian Register of Business Enterprises, the Company's new share capital will be NOK 461,162,611.60 divided on 4,611,626,116 shares, each with a par value of NOK 0.10.
Advisors:
Arctic Securities AS acted as manager and bookrunner in connection with the Rights Issue. Advokatfirmaet Schjødt AS acted as legal advisor to the Company in connection with the Rights Issue.