Bekaert NV

Transaction in Own Shares • Feb 4, 2022

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

Period from 27 January 2022 to 2 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 35 364 shares during the period from 27 January 2022 to 2 February 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 37 800 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 27 January 2022 to 2 February 2022:

Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
27 January 2022	3 564	41.75	41.78	41.64	148 797
28 January 2022	16 000	41.72	42.38	41.20	667 520
31 January 2022	9 351	41.45	41.76	41.12	387 599
1 February 2022	4 849	41.36	42.02	41.04	200 555
2 February 2022	1 600	42.33	42.40	42.26	67 728
Total	35 364	-	-	-	1 472 199

Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
27 January 2022	6 800	42.31	42.58	42.02	287 708
28 January 2022	0	0.00	0.00	0.00	0
31 January 2022	8 274	41.71	42.08	41.30	345 109
1 February 2022	14 326	41.63	42.18	41.12	596 391
2 February 2022	8 400	42.46	42.64	42.32	356 664
Total	37 800	-	-	-	1 585 872

The balance held by Bekaert under the liquidity agreement at the end of the period is 28 585 shares. On 2 February 2022 after closing of the market, Bekaert owns 3 147 045 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 € 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.