Bewi Invest Asa · OSL:BINT
Bewi Invest Asa — Q1 2026 Earnings Presentation
19 slides from Bewi Invest Asa's earnings presentation, 2026
Slide 1: Company presentation BEWI Invest Q1 2026
Company presentation BEWI Invest Q1 2026
Slide 2: Table of contents
Table of contents 1 Introduction 2 Company overview 3 Outlook 2
Slide 3: BEWI Invest is a long-term, hands-on investor with a high-quality asset portfolio ensuring a conservative LTV
BEWI Invest is a long-term, hands-on investor with a high-quality asset portfolio ensuring a conservative LTV BEWI Invest in brief High quality asset portfolio(1) ▪ BEWI Invest was established in 2017 as the Bekken family’s private investment arm to hold and grow their portfolio assets Industrials S
Slide 4: Value creation through active ownership and disciplined capital allocation
Value creation through active ownership and disciplined capital allocation BEWI Invest’s platform drives additional value creation Distinct value creation levers BEWI Invest is built to identify, create, and realise value in and through the following value creation levers: 1 Active ownership: Creati
Slide 5: Overview of the merger
Overview of the merger Summary of the KMC Properties & BEWI Invest merger Key transaction considerations Existing ownership of KMCP and BEWI Invest pre-merger Ownership post merger ▪ Following the sale of its portfolio to Logistea, KMCP remained a single-purpose listed vehicle with limited assets an
Slide 6: Trading update YTD
Trading update YTD ▪ BEWI ASA delivered a strong Q1 2026 with 6% revenue growth and an adjusted EBITDA margin of 11.2%, up 44% from Q1 2025, while reiterating a clear path to a 15% EBITDA margin. Growth is driven by higher volumes, improved operational efficiency and stronger profitability across ke
Slide 7: Table of contents
Table of contents 1 Introduction 2 Company overview 3 Outlook 7
Slide 8: BEWI Invest has developed from a local producer to a European provider and consolidator
BEWI Invest has developed from a local producer to a European provider and consolidator, building on ~45 years of industrial experience 2026 2025 2024 2023 Merger between BEWI Successful placement of Invest and KMC a NOK 1bn 3.25-year Properties to list on Oslo 2020 Value realization through senior
Slide 9: An integrated investment ecosystem across industry, seafood and real estate
An integrated investment ecosystem across industry, seafood and real estate - offering exposure across growth sectors and megatrends Investment philosophy centred around: ✓ Sustainable value creation through family-rooted ownership and active involvement Sustainable materials and ✓ Long-term secular
Slide 10: BEWI ASA – a strong European platform from ~45 years of development
BEWI ASA – a strong European platform from ~45 years of development BEWI ASA in brief Integrated, flexible and circular value chain, positioned towards global structural megatrends Strong European platform from ~45 years of business development ▪ Competitive advantage from integrated and circular va
Slide 11: Sinkaberg is a privately held salmon farmer, operating in prime farming locations
Sinkaberg is a privately held salmon farmer, operating in prime farming locations Sinkaberg in brief Key highlights Kt, HOG Harvest volume NOK EBIT/kg Own licenses Sinkaberg is an integrated salmon farmer with operations in Operated 23.2 Nærøysund, Bindal, Brønnøy and Herøy. The head office and proc
Slide 12: Corvus Estate – a real estate focused platform with a disciplined investment strategy
Corvus Estate – a real estate focused platform with a disciplined investment strategy Corvus Estate in brief BEWI Invest is an experienced real estate investor Corvus Estate is a well-established real estate portfolio KMCP case study and a platform for owning and developing assets, and consolidating
Slide 13: BEWI Invest has a clear portfolio strategy that is divided into three main groups
BEWI Invest has a clear portfolio strategy that is divided into three main groups M&A platform Specialist companies Lont-term core portfolio companies Portfolio companies Key • Strong secular trends • Growth focus • Strategic ownership characteristics • Long-term competitive advantage • Consolidatio
Slide 14: Family-rooted ownership built on active involvement and extensive experience
Family-rooted ownership built on active involvement and extensive experience Family-rooted ownership Investment enabler Long-term perspective since-1980 1980 2014 Strategic development • Extensive industry expertise, founded • Executed 40 M&A transactions, • Maintaining a long-term perspective in BE
Slide 15: Highly experienced management team and board leveraging decades of industrial experience
Highly experienced management team and board leveraging decades of industrial experience Key personnel for the merged company Board for the merged company Bjørnar Andrè Ulstein Bård Skogstad Stig Wærnes Lisa Lockert Bekken Karl-Erik Bekken Marianne Bekken CEO CFO Chairman of Board Director of the Bo
Slide 16: Table of contents
Table of contents 1 Introduction 2 Company overview 3 Outlook 16
Slide 17: Create long-term value for shareholders by growing NAV and cash flow
Create long-term value for shareholders by growing NAV and cash flow Conservative LTV Distributions Conservative net loan to value level to preserve a solid Dividend payout target of balance sheet and increase 2-5% of value adjusted the financial robustness equity per year 15% - 25% 2% - 5% 17
Slide 18: Outlook: Cautiously optimistic about all segments
Outlook: Cautiously optimistic about all segments 1 Public listing to improve access to growth capital and support strategic initiatives BEWI ASA improve activity levels across several key end markets, supporting operational improvements 2 and stronger cash generation Sinkaberg to continue deliverin
Slide 19: BeW/
BeW/