BEWI completes raw material and traded food packaging transactions

10 Jul 2025 08:03 CEST

With reference to the stock exchange notice dated 5 February 2025, where BEWI
announced the agreement to combine its raw material business, BEWI RAW, with the
Dutch company Unipol owned by The Rock Capital Group, the company today
announces that the transaction has been completed. Furthermore, the transaction
with the Danish packaging company STOK Emballage (STOK), announced on 24 October
2024, has also been completed.

The total value of the BEWI RAW transaction remains up to EUR 75 million,
subject to adjustments for net working capital and net debt. EUR 30 million has
been settled on completion, and the remainder is subject to an earn-out
agreement.

The transaction combining BEWI's traded food packaging business with STOK was
completed on 30 June 2025.

For further information, please 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.

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