Strong earnings improvement and cash generation for BEWI ASA

Bevest ASA (the “Company”) is a significant and majority shareholder in BEWI ASA (“BEWI”).

BEWI is a leading provider of packaging, components, and insulation solutions. The group today reported its results for the second quarter and first half of 2026. Net sales came in at 247.8 million euro for the second quarter of 2026, up 19 per cent from 208.2 million euro for the corresponding period last year. Adjusted EBITDA increased by 57 per cent to 34.2 million euro, corresponding to an adjusted EBITDA margin of 13.8 per cent. The strong performance was driven by volume growth and operational improvements across all business segments.

Disciplined working capital management and lower inventory levels contributed to strong cash generation during the quarter, reducing net interest-bearing debt and strengthening the group's financial flexibility.

The results are available on the company's homepage www.bewi.com and Oslo Børs' news site www.newsweb.no. A live webcast presentation will be held at 10:00 CEST. The webcast link is available from BEWI’s website www.bewi.com/investors/reports-presentations/.

Contacts:

Bjørnar André Ulstein tel: +47 402 30 785

About the Company The Company is a long-term partner for companies in industrial production, real estate and seafood. Headquartered in Trondheim, the group operates across several countries and employs thousands of professionals committed to driving sustained profitable growth and value creation within its portfolio companies. Through active and responsible ownership, the group maintains a long-term perspective with sustainability at the core. For more information: www.bewiinvest.com.