Bekaert NV

Transaction in Own Shares • Oct 13, 2023

Press release Regulated information 13 October 2023 • 08:15 a.m. CET Press Katelijn Bohez T +32 56 76 66 10 katelijn.bohez@bekaert.com

Investor Relations Guy Marks T +32 56 76 74 73 guy.marks@bekaert.com

bekaert.com

Update on the Share Buyback Program

Period from 5 October 2023 to 11 October 2023

On 28 July 2023, Bekaert announced the start of the seventh tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Seventh Tranche). All shares bought as part of the Program will be cancelled. The purpose of the Program is to reduce the issued share capital of the company.

Bekaert announces today that during the period from 5 October 2023 to 11 October 2023, Kepler Cheuvreux on behalf of Bekaert has bought 47 818 shares.

The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 5 October 2023 to 11 October 2023:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
5 October 2023	Euronext Brussels	2 941	42.16	42.24	42.04	123 993
	MTF CBOE	1 395	42.15	42.38	42.06	58 799
	MTF Turquoise	173	42.16	42.22	42.10	7 294
	MTF Aquis	237	42.17	42.20	42.14	9 994
6 October 2023	Euronext Brussels	1 775	42.51	42.58	42.24	75 455
	MTF CBOE	799	42.52	42.60	42.38	33 973
	MTF Turquoise	80	42.50	42.50	42.50	3 400
	MTF Aquis	36	42.40	42.40	42.40	1 526
9 October 2023	Euronext Brussels	6 676	42.66	42.98	42.46	284 798
	MTF CBOE	3 353	42.65	42.98	42.48	143 005
	MTF Turquoise	944	42.67	42.90	42.54	40 280
	MTF Aquis	1 109	42.66	42.82	42.50	47 310
10 October 2023	Euronext Brussels	8 329	42.34	42.88	41.98	352 650
	MTF CBOE	4 379	42.36	42.94	42.04	185 494
	MTF Turquoise	916	42.38	42.82	41.98	38 820
	MTF Aquis	994	42.31	42.86	42.08	42 056
11 October 2023	Euronext Brussels	10 669	41.60	42.12	41.34	443 830
	MTF CBOE	3 013	41.59	42.04	41.36	125 311
	MTF Turquoise
	MTF Aquis
Total		47 818	42.20	42.98	41.34	2 017 988

On 11 October 2023 after closing of the market, Bekaert holds 3 111 954 own shares, or 5.57% of the total number of the outstanding shares.

This information is also made available on the investor relations pages of our website.

Company profile

Bekaert's ambition is to be the leading partner for shaping the way we live and move, and to always do this in a way that is safe, smart, and sustainable. As a global market and technology leader in material science of steel wire transformation and coating technologies, Bekaert (bekaert.com) also applies its expertise beyond steel to create new solutions with innovative materials and services for markets including new mobility, low-carbon construction, and green energy. Founded in 1880, with its headquarters in Belgium, Bekaert (Euronext Brussels, BEKB) is a global company whose 27 000 employees worldwide together generated almost € 7 billion in combined revenue in 2022.

Disclaimer

This press release may contain forward-looking statements. Such statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Bekaert is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release in light of new information, future events or otherwise. Bekaert disclaims any liability for statements made or published by third parties and does not undertake any obligation to correct inaccurate data, information, conclusions or opinions published by third parties in relation to this or any other press release issued by Bekaert.