Bekaert NV

Transaction in Own Shares • Jul 8, 2022

Update on the Share Buyback Program and the Liquidity Agreement

Period from 30 June 2022 to 6 July 2022

Share Buyback Program

In the context of the share buyback program of Bekaert, announced on 25 February 2022, the second tranche of €30 million started on 11 May 2022.

Bekaert announces today that during the period from 30 June 2022 to 6 July 2022, Kepler Cheuvreux on behalf of Bekaert has bought 106 099 shares.

The table below provides an overview of the transactions under the second tranche of the share buy back program during the period from 30 June 2022 and 6 July 2022:

	Repurchase of shares
Date	Market	Number of	Average Price	Highest Price	Lowest Price	Total
		Shares	paid (€)	paid (€)	paid (€)	Amount (€)
30 June 2022	XBRU	10 055	31.00	31.96	30.36	311 705
	CEUX	8 319	30.98	31.80	30.38	257 723
	TQEX	1 547	30.95	31.80	30.36	47 880
	AQEU	2 073	30.99	31.80	30.42	64 242
1 July 2022	XBRU	10 335	31.07	31.46	30.54	321 108
	CEUX	8 258	31.10	31.46	30.60	256 824
	TQEX	1 312	31.12	31.40	30.68	40 829
	AQEU	2 050	31.16	31.46	30.60	63 878
4 July 2022	XBRU	10 984	31.60	32.02	31.30	347 094
	CEUX	8 761	31.60	31.96	31.40	276 848
	TQEX	1 569	31.60	31.96	31.40	49 580
	AQEU	2 061	31.60	31.96	31.40	65 128
5 July 2022	XBRU	11 144	30.97	31.86	30.28	345 130
	CEUX	8 973	30.98	31.78	30.30	277 984
	TQEX	1 620	30.84	31.72	30.40	49 961
	AQEU	2 038	30.86	31.78	30.40	62 893
6 July 2022	XBRU	7 800	30.80	31.00	30.56	240 240
	CEUX	5 015	30.80	31.00	30.58	154 462
	TQEX	1 056	30.80	31.00	30.62	32 525
	AQEU	1 129	30.85	31.18	30.62	34 830
Total		106 099	31.11	32.02	30.28	3 300 862

As announced on 25 February 2022 and 11 May 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 8 201 shares during the period from 30 June 2022 to 6 July 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 3 701 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 30 June 2022 to 6 July 2022:

Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
30 June 2022	4 201	31.34	32.00	30.50	131 659
1 July 2022	1 200	30.22	30.22	30.22	36 264
4 July 2022	0	0.00	0.00	0.00	0
5 July 2022	2 800	30.77	31.30	30.50	86 156
6 July 2022	0	0.00	0.00	0.00	0
Total	8 201	-	-	-	254 079

Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
30 June 2022	1	32.00	32.00	32.00	32
1 July 2022	0	0.00	0.00	0.00	0
4 July 2022	1 900	31.69	31.80	31.40	60 211
5 July 2022	400	31.70	31.70	31.70	12 680
6 July 2022	1 400	30.84	30.90	30.64	43 176
Total	3 701	-	-	-	116 099

The balance held by Bekaert under the liquidity agreement at the end of the period is 87 322 shares.

On 6 July 2022 after closing of the market, Bekaert holds 2 981 298 own shares, or 5.05 % 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