REC Silicon shareholders reject investigation proposal at EGM

REC Silicon ASA held an extraordinary general meeting on December 10, 2025, which addressed a proposal for an investigation into various aspects of the company. These included the termination of a supply agreement with Hanwha Solutions Corporation's subsidiary, polysilicon specifications, and information disclosure.

Initiated by a group of shareholders representing over 5% of the company's share capital, the proposal received support from approximately 22.48% of the total share capital represented at the meeting. Attorney Thomas Aanmoen chaired the meeting, with Cathrine Berglund co-signing the minutes. Of the 420,625,235 total shares, 327,919,486 shares were represented, equating to 77.96% of the company’s share capital.

The proposal garnered 73,702,858 votes in favor, with 254,199,421 votes against, and 17,206 abstentions. Despite significant representation, the proposal ultimately did not pass.