Bekaert NV

Transaction in Own Shares • Aug 25, 2023

Press release Regulated information 25 August 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 17 August 2023 to 23 August 2023

Share Buyback Program

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 17 August 2023 to 23 August 2023, Kepler Cheuvreux on behalf of Bekaert has bought 67 782 shares.

The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 17 August 2023 to 23 August 2023:

Date	Repurchase of shares
	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
17 August 2023	Euronext Brussels	9 844	43.25	43.44	43.06	425 753
	MTF CBOE	4 965	43.27	43.44	43.06	214 836
	MTF Turquoise	1 113	43.26	43.36	43.12	48 148
	MTF Aquis	1 348	43.28	43.40	43.16	58 341
18 August 2023	Euronext Brussels	8 566	43.04	43.30	42.92	368 681
	MTF CBOE	4 218	43.06	43.18	42.98	181 627
	MTF Turquoise	880	43.07	43.14	42.98	37 902
	MTF Aquis	1 197	43.04	43.16	42.96	51 519
21 August 2023	Euronext Brussels	5 051	43.09	43.26	42.98	217 648
	MTF CBOE	2 539	43.09	43.20	42.96	109 406
	MTF Turquoise	662	43.07	43.20	43.00	28 512
	MTF Aquis	862	43.09	43.30	43.00	37 144
22 August 2023	Euronext Brussels	9 575	43.41	43.88	43.10	415 651
	MTF CBOE	4 498	43.41	43.86	43.14	195 258
	MTF Turquoise	1 069	43.38	43.86	43.08	46 373
	MTF Aquis	1 385	43.46	43.86	43.04	60 192
23 August 2023	Euronext Brussels	6 091	42.94	43.40	42.62	261 548
	MTF CBOE	2 055	42.98	43.38	42.64	88 324
	MTF Turquoise	829	42.91	43.36	42.68	35 572
	MTF Aquis	1 035	42.94	43.38	42.82	44 443
Total		67 782	43.18	43.88	42.62	2 926 878

On 23 August 2023 after closing of the market, Bekaert holds 2 729 293 own shares, or 4.88% 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.