Bekaert NV

Transaction in Own Shares • Mar 18, 2022

Purchase and sale of shares in the context of the liquidity agreement Period from 10 March 2022 to 16 March 2022

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 4 600 shares during the period from 10 March 2022 to 16 March 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 33 330 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 10 March 2022 to 16 March 2022:

Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
10 March 2022	1 900	31.86	32.10	31.60	60 534
11 March 2022	1 500	31.50	31.70	31.30	47 250
14 March 2022	0	0.00	0.00	0.00	0
15 March 2022	1 200	33.06	33.30	32.80	39 672
16 March 2022	0	0.00	0.00	0.00	0
Total	4 600	-	-	-	147 456

Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
10 March 2022	1 700	32.02	32.20	31.76	54 434
11 March 2022	12 800	32.50	33.20	31.60	416 000
14 March 2022	3 200	33.31	33.80	33.26	106 592
15 March 2022	4 000	33.53	33.70	33.40	134 120
16 March 2022	11 630	34.73	35.20	34.54	403 910
Total	33 330	-	-	-	1 115 056

The balance held by Bekaert under the liquidity agreement at the end of the period is 74 567 shares. On 16 March 2022 after closing of the market, Bekaert owns 2 899 717 own shares out of 60 452 261 issued shares (or 4.80 % of all outstanding shares).

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 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.

Investor Relations

Elizabeth O'Reilly Phone: +32 471 33 10 72 - E-mail: elizabeth.oreilly@bekaert.com

Press Relations Katelijn Bohez Phone: +32 56 76 66 10 - E-mail: katelijn.bohez@bekaert.com