BEWI – Sale of shares issued under share option programme, mandatory notifications of trade

Reference is made to the stock exchange notice by BEWI ASA (BEWI or the Company) on 2 March 2022 regarding the exercise of options under the Company's share option programme.

Pursuant to the sales process conducted by a third party for shares issued upon the exercise of share options, the following persons discharging managerial responsibilities (PDMRs) in the Company have sold shares at a price of NOK 61.2633 per share:

Jonas Siljeskär, COO, has sold 50,000 shares. Following the transaction, Siljeskär holds 124,126 shares and 200,000 options in BEWI ASA.

Petra Brantmark, General Counsel, has sold 25,000 shares. In addition, Petra Brantmark has transferred 5,952 shares between her personal accounts. Following the transaction, Brantmark holds 7,202 shares and 100,000 options in BEWI ASA.

See the attached forms for further details about the transactions.

Contact:

Charlotte Knudsen, Director of IR and Communications BEWI ASA, tel: +47 9756 1959

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.

This information is published in accordance with the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities Trading Act.