BEWI Invest (BINT) Company presentation summary

Transaction overview

• Merger between KMC Properties and BEWI Invest creates a stronger listed company with a combined equity value of ~NOK 3.6bn, leveraging BEWI Invest's active ownership model for value creation.

• The merged entity will be listed on Euronext Oslo Børs or Euronext Expand, providing access to public markets and capital.

• KMCP will launch a NOK 3-10m share offering to expand its shareholder base prior to the merger.

• KMC Properties will be renamed BEWI Invest post-merger, consolidating portfolio companies under one listed holding.

Company background and strategy

• BEWI Invest evolved from a local producer to a pan-European investment platform with ~45 years of industrial experience.

• Focuses on active ownership, disciplined M&A, and financial flexibility to drive operational improvements and value creation.

• Portfolio spans industrials, seafood, and real estate, with a strong emphasis on sustainable growth and sector-focused investments.

• Family-rooted ownership since 1980, with a proven track record in operational improvement and M&A execution.

Core portfolio and sector exposure

• Holds ~51% of BEWI ASA, a leading European EPS player with integrated, circular value chains and a diversified revenue stream.

• Owns ~31% of Sinkaberg, an integrated salmon farmer with >21kt MAB capacity and strong operational performance.

• 100% ownership of Corvus Estate, a real estate platform focused on value creation through portfolio rotation and strategic M&A.

• Additional specialist investments in industrials (BEFORM, Delprodukt), energy (BEWI Energy), food (Kokkeriet), and aquaculture technology (FiiZK).