Bewi Invest AS

Notice of Dividend Amount • May 11, 2022

BEWI - Changes to timing of announced dividend

BEWI - Changes to timing of announced dividend

Reference is made to the stock exchange notice by BEWI ASA (BEWI or the Company)

on 8 March 2022 with key information on a proposed dividend of NOK 1.10 per

share for the financial year of 2021 (the Initial Notice).

As set out in item 5 of the notice of the annual general meeting (the AGM)

published earlier today, the board of directors has resolved to propose that the

AGM authorizes the board to resolve the distribution of a dividend in the same

amount (NOK 1.10 per share). The proposed authorization replaces the board's

former resolution and key dates as set out in the Initial Notice.

The basis for the new proposal is to give the board flexibility to resolve the

dividend distribution after completion of BEWI's offer to acquire all shares in

Jackon Holding AS (the Jackon Offer), please see the stock exchange notice of 1

October 2021 and the prospectus dated 21 February 2022 which is available on

https://bewi.com/investors/reports-presentations. As set out in the notice of

the AGM, the board expects to make use of the authorization after completion of

the Jackon Offer.

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 published in accordance with the disclosure requirements in

section 5-12 of the Norwegian Securities Trading Act and the Oslo Rule Book II.