Bewi Invest AS

Major Shareholding Notification • Aug 27, 2021

BEWI ASA - Mandatory notification of trade and flagging announcement

BEWI ASA - Mandatory notification of trade and flagging announcement

Frøya Invest AS, a related party of CEO Christian Bekken, a PDMR of BEWI ASA,

has on 27 August 2021, purchased a total of 6,779,661 shares from Verdane ETF

III SPV K/S at NOK 29,50 per share. Following the transaction, Frøya Invest AS

holds 95,112,813 shares. In addition, EBE Eiendom AS, also related to the Bekken

family, owns 2,529,637 shares, and Christian Bekken holds 5,952 shares

privately, summing up to a total holding of 97,648,402 shares, representing

62.35 per cent of the total outstanding shares in BEWI ASA. Christian Bekken

also holds 250,000 options in BEWI ASA.

Please see the attached notification in accordance with MAR article 19.

Verdane ETF III SPV K/S sold 6,779,661 shares as described above. Following the

transaction, Verdane ETF III SPV K/S owns 2,142,597 shares and votes in BEWI

ASA, and Verdane ETF III SPV K/S has thereby passed the flagging threshold of 5

per cent. In addition, the close associate Verdane Skuld 1 AS owns 9,810,958

shares and votes in BEWI ASA. Following the transaction, Verdane ETF III SPV K/S

and its close associates, hold a total of 11,953,555 shares and votes,

representing 7.63 per cent of the shares and votes in BEWI ASA, and the

consolidated holding has therefore passed the flagging threshold of 10%.

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 08:55 CEST on 27

August 2021.

This information is also subject to the disclosure requirements pursuant to

Section 4-2 of the Norwegian Securities Trading Act.