BEWI Invest: Sale of shareholding in KMC Properties ASA

16 Sep 2025 23:18 CEST

BEWI Invest AS ("BEWI Invest", ticker "BINT") has today sold 2,291,155 shares in
KMC Properties ASA ("KMCP"), representing 46.30% of the issued shares and votes
in KMCP, to Bekken Invest AS at a price per share of NOK 5.80 (the
"Transaction"). Following completion of the Transaction, BEWI Invest will not
own any shares in KMCP.

The reason for the Transaction is related to BEWI Invest triggering the
obligation to present a mandatory offer pursuant to Section 6-6 of the Norwegian
Securities Trading Act. In a stock exchange announcement published on KMCP's
ticker "KMCP" on 18 August 2025, BEWI Invest notified that it would not present
a mandatory offer but instead reduce its shareholding in KMCP in accordance with
Section 6-9, cf. Section 6-8, of the Norwegian Securities Trading Act.
Additional information can also be found in the stock exchange announcement
published earlier today on KMCP's ticker.

For additional information, please contact:
Bjørnar André Ulstein, CEO, bau@bewiinvest.com

About BEWI Invest AS BEWI Invest is a Norwegian industrial owner with a
portfolio mainly comprised of companies operating within three key segments:
industrials, real estate, and seafood. The group has a long-term perspective and
has demonstrated a proven track record of value creation and growth. Through
active and responsible ownership, BEWI Invest has been instrumental in the
growth and value creation in its portfolio companies with sustainability at the
core. For more information: www.bewiinvest.com.

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