Bekaert NV

Transaction in Own Shares • Feb 25, 2022

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

Period from 17 February 2022 to 23 February 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 55 200 shares during the period from 17 February 2022 to 23 February 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 25 239 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 17 February 2022 to 23 February 2022:

Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
17 February 2022	10 061	41.79	42.40	41.36	420 449
18 February 2022	7 539	41.67	41.92	41.42	314 150
21 February 2022	16 200	40.96	41.72	40.16	663 552
22 February 2022	15 200	39.32	39.48	38.80	597 664
23 February 2022	6 200	39.98	40.30	39.98	247 876
Total	55 200	-	-	-	2 243 691

Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
17 February 2022	2 800	42.43	42.58	42.26	118 804
18 February 2022	4 985	41.82	42.06	41.58	208 473
21 February 2022	5 454	41.84	42.12	41.62	228 195
22 February 2022	3 502	40.42	40.46	40.38	141 551
23 February 2022	8 498	40.52	40.92	40.14	344 339
Total	25 239	-	-	-	1 041 362

The balance held by Bekaert under the liquidity agreement at the end of the period is 60 536 shares. On 23 February 2022 after closing of the market, Bekaert owns 3 149 596 own shares out of 60 452 261 issued shares (or 5.21 % 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.