Bewi Invest AS

BEWI ASA publishes annual report for 2021

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

today publishes its annual report for the financial year of 2021.

The annual report, approved by the board of directors of BEWI on 26 April 2022,

also includes BEWI's sustainability report, which has been prepared with

reference to the Global Reporting Initiative (GRI) Standards (2021).

The annual accounts for 2021 were approved without any changes to the

preliminary accounts for the full year 2021 announced on 24 February 2022.

The full report is attached and can also be downloaded from the company's

website www.bewi.com.

For 2021, BEWI continued to demonstrate solid growth, recording revenues of EUR

748 million, representing 62 per cent growth over 2020, and posting an adjusted

EBITDA of 109 million euro, up from 65 million euro for 2020. The positive

development was mainly explained by continued strong demand in the company's key

markets.

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.

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