Fornebu, Norway 9 July 2019. Reference is made to the resolution by the annual general meeting of REC Silicon ASA on 9 May 2019 which included the resolution of a reverse share split with a ratio of 10:1. The Company has resolved that the reverse split shall be implemented based on the key dates set out below:

Date on which the corporate action was made public: 12 April 2019
Reverse split ratio: 10 old shares give 1 new share
Last day including right: 11 July 2019
Ex-date: 12 July 2019
Record date: 15 July 2019
Date of approval: 9 May 2019

Following completion of the share consolidation, the Company will have 279,820,066 shares in issue, each with a nominal value of NOK 1.

For further information, please contact:
James A. May II, Chief Financial Officer
Phone: +1 509 989 1023
Email: james.may@recsilicon.com

Nils O. Kjerstad IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@crux.no