Bekaert NV

Major Shareholding Notification • Mar 28, 2023

Press release Regulated information 28 March 2023 • 18.00 CET Press Katelijn Bohez T +32 56 76 66 10 katelijn.bohez@bekaert.com

Investor Relations Guy Marks

T +32 56 76 74 73 guy.marks@bekaert.com

Company Secretary Isabelle Vander Vekens T +32 56 76 66 90 isabelle.vandervekens@bekaert.com

bekaert.com

Publication of a transparency notification

(in accordance with the Law of 2 May 2007 on disclosure of major holdings)

NV Bekaert SA ("Bekaert") has received a transparency notification dated 24 March 2023 showing that Dimensional Fund Advisors LP has crossed the threshold of 3%.

• Reason for the notification: Passive crossing of a threshold
• Notification by a parent undertaking or a controlling person
• Persons subject to the notification requirement:
• o David Booth
• o Rex Sinquefield
• o Dimensional Holdings Inc., in its capacity as general partner of Dimensional Fund Advisors LP, 6300 Bee Cave Road Building One, Austin, Texas, 78746, USA
• o Dimensional Fund Advisors LP, 6300 Bee Cave Road Building One, Austin, Texas, 78746, USA
• Date on which the threshold is crossed: 24 February 2023
• Threshold that is crossed: 3%
• Denominator: 56 990 317

• 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
David Booth		0		0.00%
Rex Sinquefield		0		0.00%
Dimensional Holdings Inc., in its capacity as general partner of Dimensional Fund Advisors LP		0		0.00%
Dimensional Fund Advisors LP		1 748 293		3.07%
TOTAL		1 748 293	0	3.07%	0.00%

• Full chain of controlled undertakings through which the holding is effectively held: Dimensional Holdings Inc. (in its capacity as general partner of Dimensional Fund Advisors LP) is the ultimate controller but Dimensional Fund Advisors LP (and its subsidiaries) are the discretionary investment managers who exercise the voting rights associated with the shares held in the funds and segregated accounts (collectively, the "Accounts") they manage. Pursuant to voting agreements, David Booth and Rex Sinquefield, both shareholders of Dimensional Holdings Inc., have the power to appoint the majority of the directors of the entity.
• Please note that Dimensional Fund Advisors LP also has investment management discretion over an additional 7 912 shares where the voting rights are not controlled by Dimensional or its subsidiary undertakings.

About Bekaert

Bekaert's ambition is to be the leading partner for shaping the way we live and move, and to always do this in a way that is safe, smart, and sustainable. As a global market and technology leader in material science of steel wire transformation and coating technologies, Bekaert also applies its expertise beyond steel to create new solutions with innovative materials and services for markets including new mobility, low-carbon construction, and green energy. Founded in 1880, with its headquarters in Belgium, Bekaert (Euronext Brussels, BEKB) is a global company whose 27 000 employees worldwide together generated almost € 7 billion in combined revenue in 2022.

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.