Bekaert NV

Transaction in Own Shares • Aug 5, 2022

Update on the Share Buyback Program and the Liquidity Agreement

Period from 28 July 2022 to 3 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 29 July 2022 to 3 August 2022, Kepler Cheuvreux on behalf of Bekaert has bought 52 000 shares.

The table below provides an overview of the transactions under the third tranche of the share buy back program during the period from 29 July 2022 to 3 August 2022:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
29 July 2022	XBRU	8 000	34.52	35.10	33.22	276 160
	CEUX	5 000	34.67	35.10	33.40	173 350
	TQEX	-	-	-	-	-
	AQEU	-	-	-	-	-
1 August 2022	XBRU	8 000	33.60	33.96	33.30	268 800
	CEUX	5 000	33.60	33.98	33.30	168 000
	TQEX	-	-	-	-	-
	AQEU	-	-	-	-	-
2 August 2022	XBRU	8 000	32.25	32.72	31.88	258 000
	CEUX	5 000	32.23	32.62	31.88	161 150
	TQEX	-	-	-	-	-
	AQEU	-	-	-	-	-
3 August 2022	XBRU	8 000	32.62	33.16	32.12	260 960
	CEUX	5 000	32.66	33.14	31.74	163 300
	TQEX	-	-	-	-	-
	AQEU	-	-	-	-	-
Total		52 000	33.26	35.10	31.74	1 729 720

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 7 600 shares during the period from 28 July 2022 to 3 August 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 12 473 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 28 July 2022 to 3 August 2022:

Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
28 July 2022	1 600	31.55	31.80	31.40	50 480
29 July 2022	0	0.00	0.00	0.00	0
1 August 2022	3 200	33.42	33.80	32.94	106 944
2 August 2022	2 400	32.30	32.80	31.80	77 520
3 August 2022	400	31.60	31.60	31.60	12 640
Total	7 600	-	-	-	247 584

Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
28 July 2022	2 330	31.95	32.20	31.78	74 444
29 July 2022	7 300	33.64	34.80	32.56	245 572
1 August 2022	243	34.90	34.90	34.90	8 481
2 August 2022	0	0.00	0.00	0.00	0
3 August 2022	2 600	32.76	33.10	32.30	85 176
Total	12 473	-	-	-	413 672

The balance held by Bekaert under the liquidity agreement at the end of the period is 79 371 shares.

On 3 August 2022 after closing of the market, Bekaert holds 3 076 987 own shares, or 5.21% 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