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issued on 29 August 2025, the Tender Offer expired at 12:00 CEST on 4 September 2025, unless extended, re-opened, withdrawn or terminated at the sole discretion of BEWI.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is expected to occur today, 5 September 2025, on otherwise unchanged terms, unless it is again extended, re-opened, withdrawn or terminated at the sole discretion of BEWI.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.

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