BEWI ASA: Mandatory notification of trade and disclosure of large shareholding – share lending in Tranche 1 of the Private Placement

Reference is made to the stock exchange announcement made by BEWI ASA ("BEWI" or the "Company") yesterday (the "Announcement") regarding the successful private placement raising gross proceeds of approximately NOK 896 million, equivalent to EUR 75 million (the "Private Placement"), through issuance of new shares (the "Offer Shares") at a subscription price of NOK 20.00 per Offer Share (the "Offer Price"). All capitalised terms not defined herein shall have the meaning ascribed to such terms in the Announcement.

To facilitate DVP settlement of the Offer Shares allocated to investors in the Private Placement, BEWI Invest AS has lent a total of 21,039,345 existing and unencumbered shares in BEWI already admitted to trading on Euronext Oslo Børs to DNB Carnegie, a part of DNB Bank ASA, acting as settlement agent on behalf of the Managers, pursuant to a share lending agreement. Prior to the share capital increases pertaining to the Offer Shares, BEWI Invest AS held 97,958,328 shares in the Company (representing ~51.09% of the issued shares and votes).

Following the registration of the share capital increase pertaining to the issuance of Tranche 1 in the Private Placement, BEWI Invest AS will hold 115,263,441 shares in BEWI (representing ~50.10% of the issued shares and votes). Furthermore, due to the share loan, BEWI Invest AS will temporarily reduce its shareholding to 94,224,096 shares, equivalent to ~40.96% of the issued shares and votes following registration of the share capital increase pertaining to Tranche 1 in the Private Placement. BEWI Invest AS does not have any rights to further shares or votes in the Company. Following registration of the share capital increase for Tranche 1 in the Private Placement, BEWI's share capital will be NOK 230,066,748, divided into 230,066,748 shares, each with a par value of NOK 1.00 (prior to the issuance of the Tranche 2 shares in the Private Placement). For more information about the, the Private Placement, please refer to BEWI's stock exchange announcements of 20 August 2025.

Please see further details in the attached notification of trade.

This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation (EU) 596/2014 (MAR) article 19 number 3 and sections 4-2 and 5-12 of the Norwegian Securities Trading Act.

Läs mer på Cision