Bekaert NV

Transaction in Own Shares • Sep 9, 2022

Update on the Share Buyback Program and the Liquidity Agreement

Period from 1 September 2022 to 7 September 2022

Share Buyback Program

In the context of the share buyback program of Bekaert, announced on 25 February 2022, the third tranche of € 30 million started on 29 July 2022.

Bekaert announces today that during the period from 1 September 2022 to 7 September 2022, Kepler Cheuvreux on behalf of Bekaert has bought 64 030 shares.

The table below provides an overview of the transactions under the third tranche of the share buyback program during the period from 1 September 2022 to 7 September 2022:

Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price	paid (€) Total Amount (€)
1 September 2022	Euronext Brussels	7 187	29.55	30.30	29.22	212 376
	MTF CBOE	4 227	29.57	30.30	29.22	124 992
	MTF Turquoise	522	29.53	30.10	29.22	15 415
	MTF Aquis	984	29.56	30.32	29.26	29 087
2 September 2022	Euronext Brussels	7 020	29.87	30.10	29.42	209 687
	MTF CBOE	4 745	29.87	30.14	29.44	141 733
	MTF Turquoise	584	29.89	30.10	29.60	17 456
	MTF Aquis	583	29.87	30.10	29.54	17 414
5 September 2022	Euronext Brussels	7 100	29.39	29.60	29.16	208 669
	MTF CBOE	4 800	29.39	29.60	29.16	141 072
	MTF Turquoise	600	29.40	29.54	29.20	17 640
	MTF Aquis	500	29.40	29.60	29.20	14 700
6 September 2022	Euronext Brussels	7 287	29.53	29.76	29.22	215 185
	MTF CBOE	4 439	29.52	29.72	29.22	131 039
	MTF Turquoise	334	29.56	29.70	29.42	9 873
	MTF Aquis	335	29.53	29.72	29.34	9 893
7 September 2022	Euronext Brussels	7 260	28.75	29.22	28.46	208 725
	MTF CBOE	4 636	28.75	29.14	28.46	133 285
	MTF Turquoise	442	28.73	29.10	28.50	12 699
	MTF Aquis	445	28.75	29.10	28.46	12 794
Total		64 030	29.42	30.32	28.46	1 883 734

Repurchase of shares

As announced on 25 February 2022 and 29 July 2022, the purpose of the program is to reduce the issued share capital of the company. All shares repurchased as part of the program will be cancelled.

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 12 201 shares during the period from 1 September 2022 to 7 September 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 6 406 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 1 September 2022 to 7 September 2022:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
1 September 2022	4 000	29.94	30.36	29.30	119 760
2 September 2022	500	29.50	29.50	29.50	14 750
5 September 2022	4 000	29.36	29.40	29.20	117 440
6 September 2022	0	0.00	0.00	0.00	0
7 September 2022	3 701	28.95	29.10	28.60	107 144
Total	12 201	—	—	—	359 094

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
1 September 2022	0	0.00	0.00	0.00	0
2 September 2022	3 300	30.00	30.08	29.70	99 000
5 September 2022	0	0.00	0.00	0.00	0
6 September 2022	3 105	29.62	29.76	29.50	91 970

7 September 2022 1 29.10 29.10 29.10 29 Total 6 406 — — — 190 999

The balance held by Bekaert under the liquidity agreement at the end of the period is 89 966 shares.

On 7 September 2022 after closing of the market, Bekaert holds 3 408 996 own shares, or 5.78% 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