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") has mandated DNB Carnegie, a part of DNB Bank ASA and Nordea
Bank Abp to arrange a series of credit investor meetings to explore the
possibility of issuing floating rate senior secured bonds under a total
framework of EUR 325,000,000, with an expected tenor of 4 years and an expected
initial amount of EUR 250,000,000 (the "New Bonds"), subject to prevailing
market conditions. The proceeds from the contemplated issue will be used to
refinance the outstanding EUR 250,000,000 bonds issued under the 2021/2026
senior unsecured bond framework due 2026 with ISIN SE0016276398 (the "Existing
Bonds") and for general corporate purposes.

In conjunction with the potential issue of New Bonds, BEWI is offering holders
of the Existing Bonds to tender any and all of their Existing Bonds for purchase
by BEWI for cash (the "Tender Offer") at the purchase price set out below, plus
accrued and unpaid interest. The Existing Bonds will be repurchased subject to
the terms and conditions described in a tender information document dated 29
August 2025 (the "Tender Information Document").

Description of the Bonds / ISIN / Outstanding Amount / Minimum Denomination /
Purchase Price

2021/2026 Sr. Unsec. FRN / SE0016276398 / EUR 250,000,000 / EUR 100,000 /
101.40%

The full terms and conditions of the Tender Offer can be found in the Tender
Information Document, which is available in the following link:
https://bewi.com/investors/financing/

The Tender Offer expires at 12:00 CEST on 4 September 2025, unless extended,
shortened, re-opened, withdrawn or terminated at the sole discretion of BEWI.
Settlement of the Tender Offer is expected to occur at or around 11 September
2025 and to the extent possible on the same day as the settlement of the New
Bonds, such Settlement Date to be announced as part of the New Bonds book
building process. Settlement of the transactions pursuant to the Tender Offer
will occur as a secondary trade via the relevant dealer manager. BEWI will, in
connection with the allocation of the New Bonds, consider, among other factors,
whether or not the relevant investor seeking an allocation of the New Bonds has,
prior to such allocation, validly tendered Existing Bonds pursuant to the Tender
Offer, subject to the terms in the Tender Information Document.

BEWI further announces that it intends to exercise its right to make a voluntary
early redemption of the Existing Bonds which are not repurchased through the
Tender Offer (the "Early Redemption"). The Early Redemption will be conditional
upon a successful issuance of the New Bonds and receipt of proceeds. The
Existing Bonds will be redeemed at a call option price of 101.380% of the
nominal amount of such Existing Bonds plus accrued and unpaid interest from, but
excluding, the previous interest payment date until, and including, the
settlement date of the Early Redemption, which is expected to occur on or around
25 September 2025. The redemption amount will be paid to each person who is
registered as owner of Existing Bonds as of the record date, being 18 September
2025, in the debt register maintained by Euroclear Sweden. In connection with
the early redemption, the Existing Bonds will be delisted from the corporate
bond list of Nasdaq Stockholm. A notice of the early redemption will be sent to
directly registered owners of the Existing Bonds in the debt register as of 29
August 2025.

BEWI has mandated DNB Carnegie, a part of DNB Bank ASA and Nordea Bank Abp as
joint bookrunners and arrangers in respect of the issuance of the New Bonds, and
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 15.05 CEST on 29
August 2025