Bekaert NV

Major Shareholding Notification • Apr 13, 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 12 April 2021 indicating that on 7 April 2021, pursuant to the direct/indirect transfer of shares, Stichting Administratiekantoor Bekaert has crossed the threshold of 40% downward.

The notification dated 12 April 2021 contains the following information:

• Reason for the notification: acquisition or disposal of voting securities or voting rights
• Notification by a parent undertaking or a controlling person
• Persons subject to the notification requirement:
• o Stichting Administratiekantoor Bekaert, Chasséveld 1, 4811 DH Breda, Nederland
• o Bekaert, Bekaertstraat 2, 8550 Zwevegem
• Transaction date: 7 April 2021
• Threshold that is crossed: 40%
• Denominator: 60 414 841
• Notified Details:

Voting rights	Previous notification (20 August 2014)	After the transaction
	Number of voting rights		Number of voting rights		% of voting rights
Holders of voting rights		Linked to securities	Not linked to securities	Linked to securities	Not linked to securities
Stichting Administratiekantoor Bekaert	22 370 001	20 654 557		34.19%
Bekaert*	3 005 875	3 498 164		5.79%
TOTAL	25 375 876	24 152 721	0	39.98%	0.00%

• Chain of controlled undertakings through which the holding is effectively held: Stichting Administratiekantoor Bekaert is not controlled. Bekaert is controlled by Stichting Administratiekantoor Bekaert which, at the date of the threshold crossing, directly held 34.19% of its shares.
• * The voting rights attached to treasury shares held by Bekaert are suspended.

Contact persons

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

Company Profile

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

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.