Bewi Invest AS

Capital/Financing Update • Sep 5, 2025

BEWI EXTENDS THE TENDER OFFER FOR ITS OUTSTANDING SENIOR UNSECURED BONDS

BEWI EXTENDS THE TENDER OFFER FOR ITS OUTSTANDING SENIOR UNSECURED BONDS

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE

UNITED STATES, ITS TERRITORIES AND POSSESSIONS OR TO ANY U.S. PERSON (AS DEFINED

IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) (THE

"SECURITIES ACT") OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE,

PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN

CERTAIN JURISDICTIONS MAY BE RESTRICTED BY LAW.

BEWI ASA ("BEWI") announced on 29 August 2025, a tender offer to the holders of

BEWI's outstanding EUR 250,000,000 bonds issued under the 2021/2026 senior

unsecured bond framework due 2026 with ISIN SE0016276398 (the "Existing Bonds")

to tender any and all of their Existing Bonds for purchase by BEWI for cash at a

purchase price equal to 101.40% of the nominal amount plus accrued and unpaid

interest (the "Tender Offer").

Pursuant to BEWI's press release issued on 29 August 2025, the Tender Offer

expired at 12:00 CEST on 4 September 2025, unless extended, re-opened, withdrawn

or terminated at the sole discretion of BEWI.

BEWI hereby announces that it extends / re-opens the Tender Offer until the

closing of the bookbuilding process for the new bonds as announced pursuant to

BEWI's press release issued on 29 August 2025 (the "New Bonds"), which is

expected to occur today, 5 September 2025, on otherwise unchanged terms, unless

it is again extended, re-opened, withdrawn or terminated at the sole discretion

of BEWI. The Existing Bonds repurchased in the Tender Offer will be repurchased

at a purchase price equal to 101.40% of the nominal amount plus accrued and

unpaid interest and otherwise in accordance with the terms and conditions

described in the tender information document dated 29 August 2025 which is

available via the following https://bewi.com/investors/financing/.

In accordance with BEWI's press release issued on 29 August 2025, BEWI intends

to, conditional upon the successful issuance of New Bonds, exercise its right

for early redemption of the Existing Bonds not being tendered in the Tender

Offer, in accordance with the terms and conditions of the Existing Bonds at the

redemption price of 101.380% of the nominal amount together with accrued but

unpaid interest up to (and including) the redemption date.

BEWI has mandated DNB Carnegie, a part of DNB Bank ASA and Nordea Bank Abp as

dealer managers for the Tender Offer.

Dealer managers:

DNB Carnegie, a part of DNB Bank ASA: _BEWI_Tender_Offer@dnbcarnegie.no

Nordea Bank Abp: nordealiabilitymanagement@nordea.com

For further information, please contact:

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

1959

Marie Danielsson, CFO BEWI ASA, tel: +46 70 661 0047

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 09:00 CEST on 5

September 2025.