BEWI ASA: Mandatory notifications of trade – Tranche 1 of the Private Placement

Reference is made to the stock exchange announcement made by BEWI ASA ("BEWI" or the "Company") earlier today (the "Announcement") regarding the successful private placement raising gross proceeds of approximately NOK 896 million, equivalent to EUR 75 million (the "Private Placement"), through issuance of new shares (the "Offer Shares") at a subscription price of NOK 20.00 per Offer Share (the "Offer Price"). All capitalised terms not defined herein shall have the meaning ascribed to such terms in the Announcement.

The following close associates of primary insiders in BEWI have on 20 August 2025 been allocated Offer Shares at the Offer Price in Tranche 1 of the Private Placement as set out below:

– BEWI Invest AS, close associate of Christian Bekken (CEO), has been allocated 17,305,113 Offer Shares in Tranche 1;

– HAAS AS, close associate of Andreas Mjølner Akselsen (board member), has been allocated 681,332 Offer Shares in Tranche 1;

– Kverva Industrier AS, close associate of Pernille Skarstein (board member), has been allocated 3,597,368 Offer Shares in Tranche 1; and

– Calea AB, close associate of Kristina Schauman (board member), has been allocated 27,253  Offer Shares in Tranche 1.

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 5-12 of the Norwegian Securities Trading Act.