Bekaert NV

Transaction in Own Shares • Nov 19, 2021

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

Period from 11 November 2021 to 17 November 2021

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 15 644 shares during the period from 11 November 2021 to 17 November 2021 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 14 800 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 11 November 2021 to 17 November 2021:

Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
11 November 2021	0	0.00	0.00	0.00	0
12 November 2021	4 991	38.49	38.66	38.42	192 104
15 November 2021	6 009	38.39	38.62	38.12	230 686
16 November 2021	3 712	38.18	38.26	38.08	141 724
17 November 2021	932	38.13	38.16	38.08	35 537
Total	15 644	-	-	-	600 050

Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
11 November 2021	2 000	38.78	38.84	38.74	77 560
12 November 2021	3 600	38.66	38.84	38.36	139 176
15 November 2021	2 821	38.65	38.80	38.24	109 032
16 November 2021	3 979	38.27	38.36	38,16	152 276
17 November 2021	2 400	38.39	38.50	38.28	92 136
Total	14 800	-	-	-	570 180

The balance held by Bekaert under the liquidity agreement at the end of the period is 64 759 shares. On 17 November 2021 after closing of the market, Bekaert owns 3 214 119 own shares out of 60 446 061 issued shares (or 5.32 % 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 € 4.4 billion in combined revenue in 2020.

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.