Bekaert NV

Transaction in Own Shares • Jun 9, 2023

Press release Regulated information 9 June 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 and the Liquidity Agreement

Period from 1 June 2023 to 7 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 1 June 2023 to 7 June 2023, Kepler Cheuvreux on behalf of Bekaert has bought 56 062 shares.

The table below provides an overview of the transactions under the sixth tranche of the Program during the period from 1 June 2023 to 7 June 2023:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
1 June 2023	Euronext Brussels	6 385	40.37	40.54	40.22	257 762
	MTF CBOE	3 413	40.37	40.54	40.22	137 783
	MTF Turquoise	524	40.40	40.54	40.28	21 170
	MTF Aquis	868	40.37	40.54	40.20	35 041
2 June 2023	Euronext Brussels	3 613	41.24	41.66	40.60	149 000
	MTF CBOE	2 065	41.32	41.76	40.94	85 326
	MTF Turquoise	334	41.40	41.76	40.94	13 828
	MTF Aquis	504	41.33	41.70	40.94	20 830
5 June 2023	Euronext Brussels	7 596	41.81	42.04	41.52	317 589
	MTF CBOE	4 180	41.81	42.02	41.50	174 766
	MTF Turquoise	643	41.81	42.02	41.50	26 884
	MTF Aquis	1 074	41.81	42.04	41.52	44 904
6 June 2023	Euronext Brussels	6 064	41.62	41.88	41.42	252 384
	MTF CBOE	4 343	41.65	41.86	41.44	180 886
	MTF Turquoise	720	41.67	41.88	41.48	30 002
	MTF Aquis	1 188	41.67	41.86	41.50	49 504
7 June 2023	Euronext Brussels	6 783	41.76	41.92	41.50	283 258
	MTF CBOE	4 020	41.82	41.92	41.50	168 116
	MTF Turquoise	636	41.83	41.92	41.56	26 604
	MTF Aquis	1 109	41.82	41.92	41.50	46 378
Total		56 062	41.42	42.04	40.20	2 322 015

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 3 600 shares during the period from 1 June 2023 to 7 June 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 8 400 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 1 June 2023 to 7 June 2023:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
1 June 2023	0	0.00	0.00	0.00	0
2 June 2023	0	0.00	0.00	0.00	0
5 June 2023	900	41.57	41.60	41.54	37 413
6 June 2023	400	41.50	41.50	41.50	16 600
7 June 2023	2 300	41.65	41.70	41.60	95 795
Total	3 600				149 808

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
1 June 2023	800	40.40	40.40	40.40	32 320
2 June 2023	4 000	41.23	41.80	40.60	164 920
5 June 2023	800	41.95	42.00	41.90	33 560
6 June 2023	400	41.70	41.70	41.70	16 680
7 June 2023	2 400	41.83	42.00	41.70	100 392
Total	8 400				347 872

The balance held by Bekaert under the liquidity agreement at the end of the period is 45 719 shares.

On 7 June 2023 after closing of the market, Bekaert holds 3 250 510 own shares, or 5.70% 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.