Bekaert NV

Transaction in Own Shares • Oct 6, 2023

Press release Regulated information 6 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 28 September 2023 to 4 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 28 September 2023 to 4 October 2023, Kepler Cheuvreux on behalf of Bekaert has bought 69 259 shares.

The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 28 September 2023 to 4 October 2023:

			Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
28 September 2023 Euronext Brussels		5 509	41.74	42.14	41.56	229 946
	MTF CBOE	1 256	41.78	42.14	41.50	52 476
	MTF Turquoise	306	41.71	41.80	41.66	12 763
	MTF Aquis	385	41.80	42.00	41.68	16 093
29 September 2023 Euronext Brussels		8 622	42.43	42.60	42.06	365 831
	MTF CBOE	3 531	42.42	42.60	42.06	149 785
	MTF Turquoise	953	42.43	42.60	42.08	40 436
	MTF Aquis	1 038	42.42	42.60	42.12	44 032
2 October 2023	Euronext Brussels	10 355	42.58	42.78	42.42	440 916
	MTF CBOE	3 914	42.62	42.82	42.40	166 815
	MTF Turquoise	731	42.66	42.82	42.60	31 184
	MTF Aquis	1 242	42.61	42.82	42.48	52 922
3 October 2023	Euronext Brussels	10 257	42.43	42.66	42.18	435 205
	MTF CBOE	4 576	42.43	42.68	42.22	194 160
	MTF Turquoise	1 228	42.46	42.70	42.20	52 141
	MTF Aquis	1 318	42.46	42.62	42.26	55 962
4 October 2023	Euronext Brussels	8 365	42.04	42.24	41.92	351 665
	MTF CBOE	3 811	42.03	42.24	41.88	160 176
	MTF Turquoise	906	42.03	42.18	41.94	38 079
	MTF Aquis	956	42.04	42.20	41.96	40 190
Total		69 259	42.32	42.82	41.50	2 930 777

On 4 October 2023 after closing of the market, Bekaert holds 3 069 136 own shares, or 5.49% 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.