Bekaert NV

Transaction in Own Shares • Sep 29, 2023

Press release Regulated information 29 September 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 21 September 2023 to 27 September 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 21 September 2023 to 27 September 2023, Kepler Cheuvreux on behalf of Bekaert has bought 60 193 shares.

The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 21 September 2023 to 27 September 2023:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
21 September 2023	Euronext Brussels	7 790	41.85	42.14	41.62	326 012
	MTF CBOE	1 441	41.88	42.16	41.70	60 349
	MTF Turquoise	635	41.81	41.96	41.70	26 549
	MTF Aquis	836	41.83	42.14	41.66	34 970
22 September 2023	Euronext Brussels	8 455	41.72	41.86	41.54	352 743
	MTF CBOE	2 834	41.72	41.86	41.54	118 234
	MTF Turquoise	686	41.72	41.82	41.56	28 620
	MTF Aquis	772	41.72	41.82	41.54	32 208
25 September 2023	Euronext Brussels	11 005	41.33	41.58	41.14	454 837
	MTF CBOE	3 711	41.33	41.62	41.14	153 376
	MTF Turquoise	861	41.32	41.56	41.14	35 577
	MTF Aquis	1 057	41.32	41.56	41.20	43 675
26 September 2023	Euronext Brussels	9 663	41.11	41.34	40.96	397 246
	MTF CBOE	4 312	41.14	41.34	40.98	177 396
	MTF Turquoise	1 025	41.13	41.24	41.02	42 158
	MTF Aquis	1 262	41.14	41.28	40.92	51 919
27 September 2023	Euronext Brussels	2 527	41.28	41.42	41.04	104 315
	MTF CBOE	895	41.29	41.42	41.04	36 955
	MTF Turquoise	161	41.38	41.38	41.38	6 662
	MTF Aquis	265	41.32	41.42	41.10	10 950
Total		60 193	41.45	42.16	40.92	2 494 751

On 27 September 2023 after closing of the market, Bekaert holds 3 001 377 own shares, or 5.37% 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.