Bekaert - Update on the Share Buyback Program and Liquidity Agreement

Update on the Share Buyback Program and the Liquidity Agreement Period from 15 May 2025 to 21 May 2025 Share Buyback ProgramOn 28 February 2025 , Bekaert announced the start of the next tranche of its share buyback program, for a total maximum consideration of up to € 25 million. As announced previously, the purpose of the Program is to cancel all shares repurchased. Bekaert announces today that during the period from 15 May 2025 to 21 May 2025, Kepler Cheuvreux SA on behalf of...

Period from 15 May 2025 to 21 May 2025

Share Buyback Program
On 28 February 2025, Bekaert announced the start of the next tranche of its share buyback program, for a total maximum consideration of up to € 25 million. As announced previously, the purpose of the Program is to cancel all shares repurchased.

Bekaert announces today that during the period from 15 May 2025 to 21 May 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 59 000 shares.

The table below provides an overview of the transactions under the Program during the period from 15 May 2025 to 21 May 2025:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
15 May 2025	Euronext Brussels					—
	MTF CBOE					—
	MTF Turquoise					—
	MTF Aquis					—
16 May 2025	Euronext Brussels	7 500	33.91	34.10	33.70	254 325
	MTF CBOE	5 500	33.91	34.10	33.75	186 505
	MTF Turquoise	1 000	33.92	34.10	33.80	33 920
	MTF Aquis	1 000	33.93	34.10	33.75	33 930
19 May 2025	Euronext Brussels	7 500	34.17	34.40	33.85	256 275
	MTF CBOE	5 000	34.16	34.35	33.85	170 800
	MTF Turquoise	1 200	34.20	34.30	34.10	41 040
	MTF Aquis	1 300	34.14	34.30	33.85	44 382
20 May 2025	Euronext Brussels	7 500	34.27	34.60	33.70	257 025
	MTF CBOE	5 000	34.24	34.60	33.80	171 200
	MTF Turquoise	1 200	34.25	34.55	33.80	41 100
	MTF Aquis	1 300	34.22	34.55	33.80	44 486
21 May 2025	Euronext Brussels	8 000	34.54	34.95	34.00	276 320
	MTF CBOE	5 500	34.55	34.95	34.00	190 025
	MTF Turquoise	—	—			—
	MTF Aquis	500	34.72	34.90	34.60	17 360
Total		59 000	34.22	34.95	33.70	2 018 693

Liquidity agreement
In relation to the renewed liquidity agreement with Kepler Cheuvreux announced on 25 June 2024, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 5 700 shares during the period from 15 May 2025 to 21 May 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 2 930 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 15 May 2025 to 21 May 2025:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
15 May 2025	2 000	35.00	35.40	34.80	70 000
16 May 2025	1 700	33.91	34.00	33.70	57 647
19 May 2025	1 000	34.02	34.20	33.80	34 020
20 May 2025	800	34.03	34.20	33.80	27 224
21 May 2025	200	34.00	34.00	34.00	6 800
Total	5 700				195 691

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
15 May 2025	0	0.00	0.00	0.00	0
16 May 2025	0	0.00	0.00	0.00	0
19 May 2025	1 300	34.20	34.40	34.00	44 460
20 May 2025	1 000	34.54	34.60	34.40	34 540
21 May 2025	630	34.65	35.00	34.50	21 830
Total	2 930				100 830

The balance held by Bekaert under the liquidity agreement at the end of the period is 35 837 shares.

On 21 May 2025 after closing of the market, Bekaert holds 3 298 104 own shares, or 6.08% of the total number of the outstanding shares.

This information is also made available on the investor relations pages of our website.

Attachment

• p250523E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement