Bekaert NV

Transaction in Own Shares • Sep 8, 2023

Press release Regulated information 8 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 31 August 2023 to 6 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 31 August 2023 to 6 September 2023, Kepler Cheuvreux on behalf of Bekaert has bought 45 023 shares.

The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 31 August 2023 to 6 September 2023:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
31 August 2023	Euronext Brussels	3 272	43.69	43.84	43.24	142 954
	MTF CBOE	1 337	43.70	43.86	43.22	58 427
	MTF Turquoise	330	43.65	43.68	43.36	14 405
	MTF Aquis	422	43.69	43.80	43.24	18 437
1 September 2023	Euronext Brussels	5 735	43.96	44.08	43.70	252 111
	MTF CBOE	821	43.85	43.98	43.70	36 001
	MTF Turquoise	313	43.90	43.98	43.74	13 741
	MTF Aquis	574	43.94	43.98	43.68	25 222
4 September 2023	Euronext Brussels	9 006	43.84	44.56	43.50	394 823
	MTF CBOE	3 146	43.84	44.48	43.40	137 921
	MTF Turquoise	766	43.84	44.48	43.50	33 581
	MTF Aquis	998	43.84	44.56	43.54	43 752
5 September 2023	Euronext Brussels	8 040	43.70	43.80	43.40	351 348
	MTF CBOE	3 550	43.67	43.80	43.40	155 029
	MTF Turquoise	758	43.70	43.80	43.40	33 125
	MTF Aquis	975	43.71	43.76	43.46	42 617
6 September 2023	Euronext Brussels	3 202	43.44	43.64	43.34	139 095
	MTF CBOE	1 130	43.45	43.70	43.34	49 099
	MTF Turquoise	286	43.42	43.56	43.34	12 418
	MTF Aquis	362	43.46	43.66	43.36	15 733
Total		45 023	43.75	44.56	43.22	1 969 839

On 6 September 2023 after closing of the market, Bekaert holds 2 813 393 own shares, or 5.03% 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.