Bekaert NV

Transaction in Own Shares • Aug 26, 2022

Update on the Share Buyback Program and the Liquidity Agreement Period from 18 August 2022 to 24 August 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 18 August 2022 to 24 August 2022, Kepler Cheuvreux on behalf of Bekaert has bought 65 000 shares.

The table below provides an overview of the transactions under the third tranche of the share buy back program during the period from 18 August 2022 to 24 August 2022:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
18 August 2022	Euronext Brussels	7 800	33.29	33.68	33.02	259 647
	MTF CBOE	5 200	33.29	33.66	33.04	173 101
	MTF Turquoise	-	-	-	-	-
	MTF Aquis	-	-	-	-	-
19 August 2022	Euronext Brussels	7 700	32.47	33.00	32.14	250 017
	MTF CBOE	5 300	32.47	32.84	32.14	172 091
	MTF Turquoise	-	-	-	-	-
	MTF Aquis	-	-	-	-	-
22 August 2022	Euronext Brussels	7 900	31.53	32.08	31.32	249 073
	MTF CBOE	5 100	31.51	32.00	31.36	160 690
	MTF Turquoise	-	-	-	-	-
	MTF Aquis	-	-	-	-	-
23 August 2022	Euronext Brussels	8 000	31.48	31.72	31.12	251 829
	MTF CBOE	5 000	31.48	31.72	31.00	157 423
	MTF Turquoise	-	-	-	-	-
	MTF Aquis	-	-	-	-	-
24 August 2022	Euronext Brussels	7 900	31.25	31.60	31.04	246 877
	MTF CBOE	5 100	31.24	31.56	31.04	159 301
	MTF Turquoise	-	-	-	-	-
	MTF Aquis	7 800	33.29	33.68	33.02	259 647
Total		65 000	32.00	33.68	31.00	2 080 049

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 liquidity agreement entered into by Bekaert with Kepler Cheuvreux on 2 September 2021 (see press release of 3 September 2021), Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 10 937 shares during the period from 18 August 2022 to 24 August 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 1 400 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 18 August 2022 to 24 August 2022:

Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
18 August 2022	1 200	33.33	33.35	33.10	39 996
19 August 2022	3 700	32.60	33.00	32.20	120 620
22 August 2022	3 500	31.72	32.10	31.40	111 020
23 August 2022	1 300	31.17	31.28	31.00	40 521
24 August 2022	1 237	31.23	31.40	31.10	38 632
Total	10 937	-	-	-	350 789

Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
18 August 2022	1 400	33.60	33.70	33.40	47 040
19 August 2022	0	0.00	0.00	0.00	0
22 August 2022	0	0.00	0.00	0.00	0
23 August 2022	0	0.00	0.00	0.00	0
24 August 2022	0	0.00	0.00	0.00	0
Total	1 400	-	-	-	47 040

The balance held by Bekaert under the liquidity agreement at the end of the period is 85 808 shares.

On 24 August 2022 after closing of the market, Bekaert holds 3 277 062 own shares, or 5.55% 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 (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