Bekaert NV

Share Issue/Capital Change • Sep 2, 2022

NV Bekaert SA Bekaertstraat 2 8550 Zwevegem Belgium T +32 56 76 66 90 isabelle.vandervekens@bekaert.com bekaert.com

TO WHOM IT MAY CONCERN

The undersigned, Isabelle Vander Vekens, Company Secretary of NV Bekaert SA, hereby certifies that the following is a true and accurate excerpt from the minutes of the meeting of the Board of Directors of NV Bekaert SA of 28 July 2022:

On 2 September 2021, the Company entered into a liquidity management agreement with Kepler Cheuvreux SA ("Kepler Cheuvreux") (the "Liquidity Arrangement"), upon terms which were approved by the Board on 11 May 2021. The Liquidity Arrangement was entered into for an initial duration of 12 months. It is now proposed to renew/extend the Liquidity Arrangement for an additional period of up to 12 months based on the same terms and conditions as included in the current Liquidity Arrangement, as amended on 15 March 2022.

The Board is reminded that under the Liquidity Arrangement, Kepler Cheuvreux makes, on Bekaert's behalf, trades in the Bekaert share on the regulated market of Euronext Brussels, aiming at increasing the liquidity of the Bekaert share and reducing price swings in the share not reflecting market trends.

For the above reasons, the Board believes that renewing/extending the Liquidity Arrangement is in the interest of the Company.

As the Liquidity Arrangement qualifies as a share buy-back program under Belgian law, the Board is reminded that the Extraordinary General Meeting of Shareholders of the Company of 13 May 2020 has authorized the Board, for a period of 5 years beginning from the publication of such authorization in the Annexes to the Belgian Official Gazette, to acquire own shares, provided that (i) the total number of own shares held by the Company pursuant to such authorization shall never exceed twenty per cent of the total number of shares outstanding and (ii) such acquisitions are made at a price ranging between minimum one euro and maximum thirty per cent above the arithmetic average of the closing price of the Bekaert share during the last thirty trading days preceding the resolution of the Board.

RESOLUTION

Upon the recommendation of the Audit, Risk and Finance Committee, the Board resolves:

• − to approve the extension/renewal of the Liquidity Arrangement for a period of up to 12 months, in accordance with, and subject to the conditions of, the mandate of the Extraordinary General Meeting of Shareholders of the Company of 13 May 2020;
• − to authorize any two of the following persons, acting jointly and with the power of substitution, to negotiate, finalize, amend, agree, and execute any agreements and any other document related to the renewal/extension of the Liquidity Arrangement in the name and on behalf of the Company:
  • o Oswald Schmid;
  • o Taoufiq Boussaid;
  • o Kathryn Taylor;
  • o Philip Eyskens;
  • o Arnaud Jacqmin; and
  • o Isabelle Vander Vekens,

(such persons, the "Authorized Signatories").

Zwevegem, 1 September 2022

Isabelle Vander Vekens Company Secretary