Bekaert NV

Major Shareholding Notification • Jun 23, 2021

Publication of a transparency notification

(Article 14, first paragraph, of the Law of 2 May 2007 on disclosure of major holdings)

NV Bekaert SA ("Bekaert") has received a transparency notification dated 22 June 2021 indicating the conclusion of an agreement to act in concert as a result of which the 35% threshold was crossed on 16 June 2021.

The notification dated 22 June 2021 contains the following information:

• Reason for the notification: Conclusion or modification of an agreement to act in concert
• Notification by the persons acting in concert
• Persons subject to the notification requirement:

Name	Address (for legal entities)
Stichting Administratiekantoor Bekaert	Chasséveld 1, 4811 DH Breda, The Netherlands
Individual controlling Aliunde Ltd
Aliunde Ltd	Barnhouse Farm, Barnhouse Lane, Brookland, Kent TN29 9TR, United Kingdom
Three individuals controlling Velge Holding NV
Velge Holding NV	Horstebaan 207, 2900 Schoten, Belgium
Individual controlling Berfin SA
Berfin SA	Square Vergote 19, 1200 Brussel, Belgium
Four individuals controlling Genefin SA
Genefin SA	Boulevard Emmanuel Servais 16, 2535 Luxemburg, Grand Duchy of Luxembourg
Individual controlling Millenium 3 SA
Accacia société simple	Avenue Nestor Plissart 8, 1040 Brussel, Belgium
Charisa SA	Avenue Nestor Plissart, 1040 Brussel, Belgium
Millenium 3 SA	Avenue Nestor Plissart 8, 1040 Brussel, Belgium

• Date on which the threshold is crossed: 16 June 2021
• Threshold that is crossed: 35%
• Denominator: 60 414 841

• Notified Details:

Voting rights	Previous notification	After the transaction
Holders of voting rights	Number of voting rights	Number of voting rights		% of voting rights
		Linked to securities	Not linked to securities	Linked to securities	Not linked to securities
Stichting Administratiekantoor Bekaert	20 654 557	20 522 237		33.97%
Subtotal	20 654 557	20 522 237		33.97%
Individual controlling Aliunde Ltd		0		0.00%
Aliunde Ltd		421 370		0.70%
Subtotal		421 370		0.70%
Three individuals controlling Velge Holding NV		0		0.00%
Velge Holding NV		284 190		0.47%
Subtotal		284 190		0.47%
Individual controlling Berfin SA		0		0.00%
Berfin SA		108 470		0.18%
Subtotal		108 470		0.18%
Four individuals controlling Genefin SA		0		0.00%
Genefin SA		600 000		0.99%
Subtotal		600 000		0.99%
Individual controlling Millenium 3 SA		0		0.00%
Millenium 3 SA		130 200		0.22%
Subtotal		130 200		0.22%
TOTAL		22 066 467	0	36.52%	0,00%

• Entire chain of controlled undertakings through which the holding is actually held: Stichting Administratiekantoor Bekaert is not controlled. Aliunde Ltd is controlled by one individual. Velge Holding NV is controlled by three individuals. Millenium 3 SA is controlled by Charisa SA, controlled by Accacia société simple which itself is controlled by one individual. Genefin SA is controlled by four individuals. Berfin SA is controlled by one individual.

Contact persons Press & Investors Company Secretary Katelijn Bohez Isabelle Vander Vekens Phone: +32 56 76 66 10 Phone: +32 56 76 66 90

E-mail: katelijn.bohez@bekaert.com E-mail: isabelle.vandervekens@bekaert.com

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 € 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.