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Regulatory press release

BW EPIC KOSAN LTD. - COMPLETION OF THE VOLUNTARY UNCONDITIONAL OFFER BY WEB HOLDING LIMITED TO ACQUIRE ALL SHARES OF BW EPIC KOSAN LTD AND CONTEMPLATED COMPULSORY ACQUISITION

BW Epic Kosan
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, INTO OR WITHIN THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND,
SOUTH AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER
MEASURES

Oslo/Singapore, 24 November 2023 - Web Holding Limited (the "Offeror") and BW
Epic Kosan Ltd. (the "Company") refer to the following announcements: (a) the
announcement ("Offer Announcement") made by the Offeror on 9 October 2023, in
connection with the recommended voluntary unconditional general offer (the
"Offer") to acquire all outstanding issued ordinary shares ("Shares") in the
Company (collectively, the "Offer Shares" and each, an "Offer Share")
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