Reference is made to the stock exchange announcement made by BEWI ASA ("BEWI" or
the "Company") on 20 August 2025 regarding the successful private placement
raising gross proceeds of NOK 896 million (the "Private Placement") by the
allocation of new shares (the "Offer Shares") at a subscription price of NOK
20.00 per Offer Share. Reference is further made to the mandatory notifications
of trade and disclosure of large shareholding on 11 September 2025, regarding
BEWI Invest AS' loan of 872,335 existing and unencumbered shares in BEWI already
admitted to trading on Euronext Oslo Børs (the "Share Loan") to DNB Carnegie, a
part of DNB Bank ASA, acting as settlement agent in the Private Placement, to
facilitate delivery-versus-payment (DVP) settlement of Offer Shares allocated in
tranche 2 of the Private Placement.
Following registration of the share capital increase relating to tranche 2 of
the Private Placement, BEWI's share capital is NOK 236,522,290, divided into NOK
236,522,290 shares, each with a par value of NOK 1.00.
DNB Carnegie will today redeliver 872,335 shares in the Company to BEWI Invest
AS, as settlement of the Share Loan. Upon registration of the share capital
increase with the Norwegian Register of Business Enterprises, settlement of the
Share Loan, and delivery of Offer Shares allocated to BEWI Invest AS in tranche
2 of the Private Placement, BEWI Invest AS will hold 120,846,648 shares in the
Company, representing 51.09 per cent of the issued shares and votes. BEWI Invest
AS does not have any rights to further shares or votes in the Company.
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 section 4-2
of the Norwegian Securities Trading Act.