BEWI announces intention to issue subsequent bonds under existing sustainability-linked bond framework

BEWI ASA (“BEWI” or “the Company”) intends to issue subsequent bonds under the existing EUR 250 million senior unsecured sustainability-linked bond framework with an outstanding amount of EUR 160 million and maturity in September 2026 (ISIN: SE0016276398) (“the Bonds”).

The Company has mandated Carnegie AS, DNB Markets, a part of DNB ASA and Nordea Bank Abp as Joint Bookrunners to arrange a series of fixed income investor meetings commencing on 4 November 2021. An up to EUR 90 million tap issue of the Bonds may follow, subject to inter alia market conditions. The net proceeds from the contemplated tap issue will be used for general corporate purposes, including financing of the acquisition of 100 per cent of the shares in Jackon Holding AS subject to completion.

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 06:45 CEST on 3 November 2021.