Press release Regulated information 23 June 2023 • 08:15 a.m. CET Press Katelijn Bohez T +32 56 76 66 10 [email protected]

Investor Relations Guy Marks T +32 56 76 74 73 [email protected]

Update on the Share Buyback Program and the Liquidity Agreement

Period from 15 June 2023 to 21 June 2023

Share Buyback Program

On 10 May 2023, Bekaert announced the start of the sixth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Sixth 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 15 June 2023 to 21 June 2023, Kepler Cheuvreux on behalf of Bekaert has bought 54 813 shares.

The table below provides an overview of the transactions under the sixth tranche of the Program during the period from 15 June 2023 to 21 June 2023:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
15 June 2023	Euronext Brussels	5 321	42.85	43.22	42.46	228 005
	MTF CBOE	3 688	42.86	43.22	42.50	158 068
	MTF Turquoise	538	42.82	42.94	42.54	23 037
	MTF Aquis	1 131	42.85	43.22	42.62	48 463
16 June 2023	Euronext Brussels	5 486	43.07	43.26	42.84	236 282
	MTF CBOE	3 715	43.07	43.24	42.86	160 005
	MTF Turquoise	570	43.07	43.24	42.86	24 550
	MTF Aquis	1 106	43.07	43.22	42.86	47 635
19 June 2023	Euronext Brussels	5 847	42.89	43.10	42.62	250 778
	MTF CBOE	3 707	42.91	43.10	42.62	159 067
	MTF Turquoise	479	42.94	43.00	42.82	20 568
	MTF Aquis	1 030	42.92	43.02	42.64	44 208
20 June 2023	Euronext Brussels	5 862	42.10	42.62	41.82	246 790
	MTF CBOE	3 710	42.11	42.62	41.88	156 228
	MTF Turquoise	603	42.11	42.48	41.86	25 392
	MTF Aquis	1 135	42.12	42.64	41.86	47 806
21 June 2023	Euronext Brussels	5 802	41.83	42.02	41.62	242 698
	MTF CBOE	3 395	41.85	42.00	41.62	142 081
	MTF Turquoise	596	41.84	41.98	41.68	24 937
	MTF Aquis	1 092	41.84	42.00	41.68	45 689
Total		54 813	42.55	43.26	41.62	2 332 287

Liquidity agreement

In relation to the renewed liquidity agreement with Kepler Cheuvreux announced on 2 September 2022, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 8 801 shares during the period from 15 June 2023 to 21 June 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 801 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 15 June 2023 to 21 June 2023:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
15 June 2023	2 000	42.86	43.20	42.60	85 720
16 June 2023	400	42.90	42.90	42.90	17 160
19 June 2023	2 000	42.74	42.80	42.60	85 480
20 June 2023	2 555	42.16	42.72	41.80	107 719
21 June 2023	1 846	41.68	41.72	41.60	76 941
Total	8 801				373 020

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
15 June 2023	0	0.00	0.00	0.00	0
16 June 2023	400	43.10	43.10	43.10	17 240
19 June 2023	0	0.00	0.00	0.00	0
20 June 2023	1	42.72	42.72	42.72	43
21 June 2023	400	42.00	42.00	42.00	16 800
Total	801				34 083

The balance held by Bekaert under the liquidity agreement at the end of the period is 47 619 shares.

On 21 June 2023 after closing of the market, Bekaert holds 3 352 087 own shares, or 5.88% 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.

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