Bekaert NV

Transaction in Own Shares • Aug 11, 2023

Press release Regulated information 11 August 2023 • 07:45 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 3 August 2023 to 9 August 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 3 August 2023 to 9 August 2023, Kepler Cheuvreux on behalf of Bekaert has bought 94 561 shares.

The table below provides an overview of the transactions under the sixth tranche of the Program during the period from 3 August 2023 to 9 August 2023:

Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price	Lowest Price	Total
3 August 2023	Euronext Brussels	11 382	43.14	paid (€) 43.36	paid (€) 42.60	Amount (€) 491 019
	MTF CBOE	6 043	43.13	43.34	42.88	260 635
	MTF Turquoise	1 298	43.14	43.36	42.82	55 996
	MTF Aquis	1 431	43.16	43.36	42.66	61 762
4 August 2023	Euronext Brussels	9 080	43.61	43.88	43.12	395 979
	MTF CBOE	4 656	43.67	43.88	43.16	203 328
	MTF Turquoise	1 089	43.67	43.84	43.22	47 557
	MTF Aquis	1 188	43.67	43.88	43.16	51 880
7 August 2023	Euronext Brussels	12 125	43.83	44.16	43.50	531 439
	MTF CBOE	5 610	43.85	44.02	43.56	245 999
	MTF Turquoise	1 329	43.85	44.16	43.56	58 277
	MTF Aquis	1 448	43.84	43.92	43.56	63 480
8 August 2023	Euronext Brussels	11 188	43.06	43.54	42.70	481 755
	MTF CBOE	5 811	43.09	43.56	42.72	250 396
	MTF Turquoise	1 405	43.08	43.58	42.72	60 527
	MTF Aquis	1 521	43.07	43.54	42.70	65 509
9 August 2023	Euronext Brussels	9 995	43.55	43.76	43.04	435 282
	MTF CBOE	5 147	43.55	43.76	43.04	224 152
	MTF Turquoise	1 280	43.53	43.76	43.28	55 718
	MTF Aquis	1 535	43.57	43.70	43.36	66 880
Total		94 561	43.44	44.16	42.60	4 107 570

On 9 August 2023 after closing of the market, Bekaert holds 2 617 612 own shares, or 4.68% 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.