BEWI completes raw material and traded food packaging transactions

With reference to the stock exchange notice dated 5 February 2025, where BEWIannounced the agreement to combine its raw material business, BEWI RAW, withtheDutch company Unipol owned by The Rock Capital Group, the company todayannounces that the transaction has been completed. Furthermore, thetransactionwith the Danish packaging company STOK Emballage (STOK), announced on 24October2024, has also been completed.

The total value of the BEWI RAW transaction remains up to EUR 75 million,subject to adjustments for net working capital and net debt. EUR 30 millionhasbeen settled on completion, and the remainder is subject to an earn-outagreement.

The transaction combining BEWI's traded food packaging business with STOK wascompleted on 30 June 2025.

For further information, please contact:Charlotte Knudsen, Director of IR and Communications BEWI ASA, tel: +47 97561959

About BEWI ASA

BEWI is an international provider of packaging, components, and insulationsolutions. The company's commitment to sustainability is integrated throughoutthe value chain, from production of raw materials and end goods, to recyclingofused products. With a vision to protect people and goods for a better everyday,BEWI is leading the change towards a circular economy.

BEWI ASA is listed at the Oslo Børs under ticker BEWI.

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