Press release Regulated information 28 April 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 20 April 2023 to 26 April 2023

Share Buyback Program

On 1 March 2023, Bekaert announced the continuation of its program to buy back own shares for an additional amount of up to € 120 million (the "Program") and the immediate start of a fifth tranche of the Program for an aggregate amount of up to € 30 million. 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 20 April 2023 to 26 April 2023, Kepler Cheuvreux on behalf of Bekaert has bought 54 151 shares.

The table below provides an overview of the transactions under the fourth tranche of the Program during the period from 20 April 2023 to 26 April 2023:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
20 April 2023	Euronext Brussels	6 240	42.61	43.00	42.28	265 886
	MTF CBOE	4 038	42.59	42.96	42.32	171 978
	MTF Turquoise	833	42.49	42.92	42.32	35 394
	MTF Aquis	863	42.65	42.94	42.38	36 807
21 April 2023	Euronext Brussels	6 018	41.72	42.46	41.36	251 071
	MTF CBOE	4 217	41.74	42.42	41.28	176 018
	MTF Turquoise	802	41.40	42.28	41.32	33 203
	MTF Aquis	1 354	41.73	42.34	41.34	56 502
24 April 2023	Euronext Brussels	6 700	41.67	41.88	41.42	279 189
	MTF CBOE	4 746	41.66	41.88	41.46	197 718
	MTF Turquoise	798	41.65	41.88	41.46	33 237
	MTF Aquis	1 552	41.66	41.88	41.46	64 656
25 April 2023	Euronext Brussels	2 241	41.36	41.62	41.10	92 688
	MTF CBOE	1 683	41.36	41.62	41.12	69 609
	MTF Turquoise	792	41.55	41.64	41.14	32 908
	MTF Aquis	1 501	41.51	41.62	41.12	62 307
26 April 2023	Euronext Brussels	4 642	41.53	41.70	41.12	192 782
	MTF CBOE	3 422	41.53	41.70	41.12	142 116
	MTF Turquoise	582	41.53	41.70	41.14	24 170
	MTF Aquis	1 127	41.54	41.68	41.14	46 816
Total		54 151	41.83	43.00	41.10	2 265 055

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 7 600 shares during the period from 20 April 2023 to 26 April 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 3 900 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 20 April 2023 to 26 April 2023:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
20 April 2023	1 200	42.60	42.80	42.40	51 120
21 April 2023	2 400	41.97	42.50	41.30	100 728
24 April 2023	1 200	41.50	41.60	41.40	49 800
25 April 2023	1 592	41.25	41.40	41.20	65 670
26 April 2023	1 208	41.27	41.40	41.20	49 854
Total	7 600				317 172

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
20 April 2023	0	0.00	0.00	0.00	0
21 April 2023	0	0.00	0.00	0.00	0
24 April 2023	0	0.00	0.00	0.00	0
25 April 2023	1 700	41.55	41.70	41.40	70 635
26 April 2023	2 200	41.51	41.64	41.40	91 322
Total	3 900				161 957

The balance held by Bekaert under the liquidity agreement at the end of the period is 37 292 shares.

On 26 April 2023 after closing of the market, Bekaert holds 2 986 118 own shares, or 5.24% 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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