REC Silicon – Proposal for new board member

Reference is made to the stock exchange release December 1 2022 regarding the notice to an Extraordinary General Meeting ("EGM").

Regarding item 4 on the agenda of the EGM - Election of new board member.

The current board has four shareholder-elected directors: Tae Won Jun (chair), Dong Kwan Kim (deputy chair), and independent directors Renate Oberhoffer-Fritz and Vivian Bertseka. The committee proposes that Roberta Benedetti is appointed as an additional independent director for a period until the annual general meeting in 2023.

Chairman of the nomination committee Junghey Chae comments:
“Roberta Benedetti will significantly contribute to the current board and REC Silicon ASA with a wealth of experience gained in vertically integrated energy businesses in the areas of leadership, corporate finance, corporate governance, sustainability reporting and risk management, which are crucial for the sustainable growth of REC Silicon ASA”.

As stated in the calling notice, Lodbrok Capital has previously proposed Gøran Bye as candidate for election.

CVs and additional information on the candidates attached.