Bekaert NV

Transaction in Own Shares • Nov 4, 2022

Update on the Liquidity Agreement

Period from 27 October 2022 to 2 November 2022

Liquidity agreement

In the context of the renewed liquidity agreement with Kepler Cheuvreux, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 7 700 shares during the period from 27 October 2022 to 2 November 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 5 200 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 27 October 2022 to 2 November 2022:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
27 October 2022	1 600	28.00	28.10	27.90	44 800
28 October 2022	2 000	27.78	27.90	27.60	55 560
31 October 2022	0	0.00	0.00	0.00	0
1 November 2022	1 980	28.02	28.14	27.82	55 480
2 November 2022	2 120	27.76	27.90	27.60	58 851
Total	7 700	—	—	—	214 691

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
27 October 2022	400	28.20	28.20	28.20	11 280
28 October 2022	1 000	27.85	27.90	27.82	27 850
31 October 2022	3 000	28.11	28.14	28.10	84 330
1 November 2022	800	28.40	28.40	28.40	22 720
2 November 2022	0	0.00	0.00	0.00	0
Total	5 200	—	—	—	146 180

The balance held by Bekaert under the liquidity agreement at the end of the period is 87 771 shares.

On 2 November 2022 after closing of the market, Bekaert holds 4 066 690 own shares, or 6.89% of the total number of the outstanding shares.

Related press release: 2 September 2022: Bekaert renews existing liquidity contract

This information is also made available on the investor relations pages of our website.

Company profile

Bekaert (bekaert.com) is a world market and technology leader in steel wire transformation and coating technologies. We pursue to be the preferred supplier for our steel wire products and solutions by continuously delivering superior value to our customers worldwide. Bekaert (Euronext Brussels: BEKB) is a global company with more than 27 000 employees worldwide, headquarters in Belgium and € 5.9 billion in combined revenue in 2021.

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.

Press & Investor Relations

Katelijn Bohez Phone: +32 56 76 66 10 - E-mail: katelijn.bohez@bekaert.com