Bewi Invest AS

Report Publication Announcement • Sep 30, 2021

BEWI hosts Capital Markets Update and launches updated financial targets

BEWI hosts Capital Markets Update and launches updated financial targets

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

today hosts a Capital Markets Update in Haakon VIIs gate 2 in Oslo, Norway,

where members of BEWI's management team will provide insights to the company's

strategy, operations, and long-term ambitions.

The event, taking place from 09:00 to 11:30 CEST, can also be viewed through a

live webcast from BEWI's website, www.bewi.com/capital-markets-day/

BEWI's continued growth outlook is the key topic for the event. Within the

current operational and financial framework, the company outlines the following

targets by the end of 2026:

· Aiming to roughly double revenue and more than double EBITDA

· Growth strategy combining innovation-driven organic growth and continued M&A

· Increasing production capacity to 230-250 thousand tonnes, with annual

recycling capacity matching production of high turnover products

· Targeting to increase ROCE to 20 per cent

"We are operating in a large and fragmented European market where we have set

out to be a leading consolidator. At the same time, we see solid organic growth,

and we will continue to bring innovative new products to the market. To

capitalise on these growth opportunities, we need to become a 100 per cent

circular company, and we believe we can do that while increasing profitability

over the coming years," says CEO Christian Bekken in BEWI.

Please find the presentation material attached or download from the link below.

The material and the recording of the webcast from the presentations will be

available on the company's website, www.bewi.com/capital-markets-day/

For further information, please 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.

The information is such that BEWI ASA is required to disclose in accordance with

the EU Market Abuse Regulation. The information was submitted for publication,

through the agency of the contact person set out above, at 08:30 CEST on 30

September 2021.