Bekaert NV

Transaction in Own Shares • Mar 4, 2022

Purchase and sale of shares in the context of the liquidity agreement

Period from 24 February 2022 to 2 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 57 600 shares during the period from 24 February 2022 to 2 March 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 26 459 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 24 February 2022 to 2 March 2022:

Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
24 February 2022	16 600	38.28	38.32	37.96	635 448
25 February 2022	0	0.00	0.00	0.00	0
28 February 2022	17 000	39.25	39.80	38.50	667 250
1 March 2022	16 200	38.20	39.02	37.00	618 840
2 March 2022	7 800	36.60	36.92	36.28	285 480
Total	57 600	-	-	-	2 207 018

Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
24 February 2022	0	0.00	0.00	0.00	0
25 February 2022	24 859	39.84	40.74	39.32	990 383
28 February 2022	0	0.00	0.00	0.00	0
1 March 2022	1 600	39.11	39.18	39.06	62 576
2 March 2022	0	0.00	0.00	0.00	0
Total	26 459	-	-	-	1 052 959

The balance held by Bekaert under the liquidity agreement at the end of the period is 91 677 shares. On 2 March 2022 after closing of the market, Bekaert owns 3 175 087 own shares out of 60 452 261 issued shares (or 5.25 % 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.