Bewi Invest AS

Report Publication Announcement • Apr 25, 2023

BEWI ASA publishes annual report for 2022

BEWI ASA publishes annual report for 2022

BEWI, a leading provider of packaging, components, and insulation solutions,

today publishes its annual report and the remuneration report for the financial

year of 2022.

The annual report, which was approved by the board of directors of BEWI on 24

April 2023, also includes BEWI's ESG progress report, which has been prepared

with reference to the Global Reporting Initiative (GRI) Standards (2021), and

statement on corporate governance for 2022.

The annual accounts for 2022 were approved without any changes to the

preliminary accounts for the full year 2022 announced on 16 February 2023.

In 2022, BEWI continued to deliver solid results and strong growth from organic

and strategic initiatives, focusing steadily on its three strategic priorities:

innovation, circular economy, and profitable growth - all with a vision to

protect people and goods for a better everyday. The group had net sales of 1 050

million euro, up by 40 per cent over the previous year, with an adjusted EBITDA

of 134 million euro. Including full effect of seven acquired companies in 2022,

annual pro forma sales was more than 1 500 million euro.

The full report is attached in PDF format and the European Single Electronic

format (ESEF) and can be downloaded from the company's website www.bewi.com. In

addition, the group's remuneration report, also approved by the board on 25

April 2023, is attached.

Contact:

Charlotte Knudsen, Director of IR and Communications BEWI ASA, tel: +47 9756

1959

About BEWI ASA

BEWI is an international provider of packaging, components, and insulation

solutions. The company's commitment to sustainability is integrated throughout

the value chain, from production of raw materials and end goods, to recycling of

used products. With a vision to protect people and goods for a better every day,

BEWI is leading the change towards a circular economy.

BEWI ASA is listed at the Oslo Børs under ticker BEWI.

This information is subject to disclosure under the Norwegian Securities

Act section 5-12 and the requirements of Oslo Børs' Continuing Obligations.