BEWi Management

Management criteria checks 4/4

BEWi's CEO is Christian Bekken, appointed in Sep 2020, has a tenure of 4.17 years. total yearly compensation is €290.00K, comprised of 93.1% salary and 6.9% bonuses, including company stock and options. directly owns 0.044% of the company’s shares, worth €187.65K. The average tenure of the management team and the board of directors is 5 years and 4.2 years respectively.

Key information

Christian Bekken

Chief executive officer

€290.0k

Total compensation

CEO salary percentage	93.1%
CEO tenure	4.2yrs
CEO ownership	0.04%
Management average tenure	5yrs
Board average tenure	4.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Christian Bekken's remuneration changed compared to BEWi's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-€27m
Jun 30 2024	n/a	n/a	-€27m
Mar 31 2024	n/a	n/a	-€26m
Dec 31 2023	€290k	€270k	-€18m
Sep 30 2023	n/a	n/a	-€17m
Jun 30 2023	n/a	n/a	€2m
Mar 31 2023	n/a	n/a	€25m
Dec 31 2022	€580k	€270k	€34m
Sep 30 2022	n/a	n/a	€54m
Jun 30 2022	n/a	n/a	€55m
Mar 31 2022	n/a	n/a	€45m
Dec 31 2021	€640k	€240k	€36m
Sep 30 2021	n/a	n/a	€39m
Jun 30 2021	n/a	n/a	€33m
Mar 31 2021	n/a	n/a	€27m
Dec 31 2020	€90k	€60k	€30m
Sep 30 2020	n/a	n/a	€14m
Jun 30 2020	n/a	n/a	€11m
Mar 31 2020	n/a	n/a	€6m
Dec 31 2019	€10k	n/a	€6m
Sep 30 2019	n/a	n/a	€7m
Jun 30 2019	n/a	n/a	€4m
Mar 31 2019	n/a	n/a	€4m
Dec 31 2018	€49k	€49k	€2m
Sep 30 2018	n/a	n/a	€5m
Jun 30 2018	n/a	n/a	€7m
Mar 31 2018	n/a	n/a	€4m
Dec 31 2017	€163k	€163k	€4m

Compensation vs Market: Christian's total compensation ($USD305.30K) is below average for companies of similar size in the German market ($USD1.04M).

Compensation vs Earnings: Christian's compensation has been consistent with company performance over the past year.

CEO

Christian Bekken (42 yo)

4.2yrs

Tenure

€290,000

Compensation

Mr. Christian Bekken has been the Chief Executive Officer at BEWi ASA since September 01, 2020 and served as its Director. He served as Director at BEWI Invest AS. Mr. Bekken had been Director of Business...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christian Bekken	Chief Executive Officer	4.2yrs	€290.00k	0.044% € 187.7k
Karin Marie Danielsson	Chief Financial Officer	9.8yrs	€390.00k	0.097% € 409.5k
Jonas Siljeskar	Chief Operating Officer	no data	€380.00k	0.065% € 274.1k
Charlotte Knudsen	Chief Communications & IR Officer	no data	€160.00k	0.022% € 94.2k
Petra Brantmark	Chief Legal Officer	2.1yrs	€230.00k	0.012% € 50.6k
Roger Olofsson	Chief Human Resources Officer	5.8yrs	€210.00k	0.0031% € 13.1k
Camilla Bjerkli	Chief Sustainability Officer	no data	€120.00k	0.039% € 164.3k
Karl Olesen	Executive VP and Head of Insulation & Construction	no data	no data	no data

5.0yrs

Average Tenure

50yo

Average Age

Experienced Management: 5T0's management team is seasoned and experienced (5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rik Dobbelaere	Director	3.5yrs	€150.00k	0.051% € 217.5k
Maria Schauman	Independent Director	8.8yrs	€30.00k	0.10% € 427.1k
Svenn Bekken	Alternate Director	no data	no data	no data
Anne-Lise Aukner	Independent Director	4.8yrs	€30.00k	no data
Pernille Christensen	Director	1.4yrs	€20.00k	no data
Gunnar Syvertsen	Chairman	10.8yrs	€140.00k	0.18% € 768.5k
Andreas Akselsen	Director	2.1yrs	€180.00k	0.32% € 1.3m

4.2yrs

Average Tenure

64yo

Average Age

Experienced Board: 5T0's board of directors are considered experienced (4.2 years average tenure).

BEWi Management

Management criteria checks 4/4

Key information

Recent management updates

Director recently bought €1.2m worth of stock

Director recently bought €718k worth of stock

BEWi ASA Approves the Appointment of Members of Nomination Committee

Less than half of directors are independent

Less than half of directors are independent

Chief Operating Officer recently sold €311k worth of stock

Recent updates

Director recently bought €1.2m worth of stock

Third quarter 2024 earnings released: €0.043 loss per share (vs €0.045 loss in 3Q 2023)

Director recently bought €718k worth of stock

Second quarter 2024 earnings released: EPS: €0.002 (vs €0.009 in 2Q 2023)

BEWi ASA Approves the Appointment of Members of Nomination Committee

First quarter 2024 earnings released: €0.047 loss per share (vs €0.007 loss in 1Q 2023)

Full year 2023 earnings released: €0.094 loss per share (vs €0.21 profit in FY 2022)

Full year 2023 earnings released: €0.094 loss per share (vs €0.21 profit in FY 2022)

Bewi Announces Launch of New Production Line for Recycling Raw Material

BEWi ASA to Report Q3, 2024 Results on Nov 06, 2024

An undisclosed buyer acquired 8.4% stake in KMC Properties ASA (OB:KMCP) from BEWi ASA (OB:BEWI).

Third quarter 2023 earnings released: €0.045 loss per share (vs €0.063 profit in 3Q 2022)

New minor risk - Share price stability

New minor risk - Share price stability

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: €0.009 (vs €0.16 in 2Q 2022)

BEWi ASA Approves to Distribute Dividends of 2022

Full year 2022 earnings released: EPS: €0.21 (vs €0.23 in FY 2021)

Full year 2022 earnings released: EPS: €0.21 (vs €0.23 in FY 2021)

BEWI Proposes to Pay Dividend

BEWi ASA to Report Q4, 2023 Results on Feb 15, 2024

Now 21% undervalued after recent price drop

BEWi ASA (OB:BEWI) acquired remaining 66% stake in Inoplast s.r.o.

BEWi ASA entered into an agreement to acquire 80% stake in Aislamientos y Envases S.L.

Now 21% undervalued after recent price drop

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: €0.065 (vs €0.082 in 3Q 2021)

Now 22% undervalued after recent price drop

Bewi Asa Authorises Dividend Distribution for the Financial Year of 2021, Payable on or About 18 November 2022

BEWi ASA (OB:BEWI) acquired Jackon Holding AS from Haas AS and others for an enterprise value of NOK 3.6 billion.

BEWi ASA (OB:BEWI) completed the acquisition of Baltijos polistirenas, UAB for €28.8 million.

Second quarter 2022 earnings released: EPS: €0.16 (vs €0.095 in 2Q 2021)

BEWi ASA (OB:BEWI) entered into an agreement to acquire Baltijos polistirenas, UAB.

Investor sentiment deteriorated over the past week

BEWi ASA (OB:BEWI) acquired Berga Recycling Inc.

Upcoming dividend of kr1.10 per share

BEWi ASA (OB:BEWI) acquired remaining 49% stake in Bewi Cellpack A/S from Thomas J. Bladt on May 25, 2022.

BEWi ASA (OB: BEWI) acquired an additional 51% stake in Jablite Ltd. for £10 million.

BEWi ASA (OB:BEWI) acquired an additional 51% stake in Jablite Ltd. for £10 million.

Full year 2021 earnings released: EPS: €0.23 (vs €0.21 in FY 2020)

Less than half of directors are independent

Chief Operating Officer recently sold €311k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Now 25% undervalued

BEWi ASA Proposes Dividend for the Financial Year of 2021

BEWi ASA Approves Board and Committee Appointments

Now 20% undervalued

Investor sentiment improved over the past week

BEWi ASA (OB:BEWI) completed the acquisition of Kemisol Group from a family.

Third quarter 2021 earnings released: EPS €0.082 (vs €0.04 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Chief Operating Officer recently bought €72k worth of stock

Second quarter 2021 earnings released

First quarter 2021 earnings released

Full year 2020 earnings released: EPS €0.21 (vs €0.04 in FY 2019)

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age