Disclosure of large shareholding: Tranche 1 of the Private Placement – BEWI ASA

27 Aug 2025 17:04 CEST

On 21.08.2025 BEWI ASA (ticker BEWI (the "Company") placed a private placement
of 44,800,000 new shares, whereby TIND Asset Management AS (org.no 930961469)
(“TIND”) was allocated 4,618,645 shares in Tranche 1. The share capital increase
pertaining to the issuance of the 38,344,458 Tranche 1 Shares in the Private
Placement has today, 27.08.2025 been registered with the Norwegian Register of
Business Enterprises. As a consequence, TIND (the "Manager") has now fallen
below 5% of the Company’s shares and votes, having crossed the applicable
disclosure threshold.

Reason for notification:
Changes resulting from Tranche 1 Shares in the Private Placement registered with
the Norwegian Register of Business Enterprises

Type of financial instrument(s):
Ordinary equity shares

Percentage of outstanding shares and votes before registered shares in Tranche
1:
5.68%

Percentage of outstanding shares and votes after registered shares in Tranche 1:
4.73%

This disclosure is made pursuant to section 4-2 of the Norwegian Securities
Trading Act.

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