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

Update on the Share Buyback Program and the Liquidity Agreement

Period from 23 January 2025 to 29 January 2025

Share Buyback Program
On 22 November 2024, Bekaert announced the start of the first tranche of its share buyback program, for a total maximum consideration of up to € 25 million (the First Tranche). As announced previously, the purpose of the Program is to cancel all shares repurchased.

Bekaert announces today that during the period from 23 January 2025 to 29 January 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 51 335 shares.

The table below provides an overview of the transactions under the First Tranche of the Program during the period from 23 January 2025 to 29 January 2025:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
23 January 2025	Euronext Brussels	8 000	33.23	33.38	33.02	265 840
	MTF CBOE	4 000	33.24	33.34	33.06	132 960
	MTF Turquoise
	MTF Aquis
24 January 2025	Euronext Brussels	7 335	33.44	33.80	33.16	245 282
	MTF CBOE	4 000	33.43	33.72	33.14	133 720
	MTF Turquoise
	MTF Aquis
27 January 2025	Euronext Brussels	9 000	33.37	33.54	33.08	300 330
	MTF CBOE	3 000	33.42	33.54	33.22	100 260
	MTF Turquoise
	MTF Aquis
28 January 2025	Euronext Brussels	6 000	33.44	33.64	33.24	200 640
	MTF CBOE	2 000	33.44	33.70	33.24	66 880
	MTF Turquoise
	MTF Aquis
29 January 2025	Euronext Brussels	6 000	33.13	33.40	32.92	198 800
	MTF CBOE	2 000	33.13	33.38	32.86	66 260
	MTF Turquoise
	MTF Aquis
Total		51 335	33.33	33.80	32.86	1 710 973

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 4 050 shares during the period from 23 January 2025 to 29 January 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 2 150 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 23 January 2025 to 29 January 2025:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
23 January 2025	300	33.18	33.18	33.18	9 954
24 January 2025	906	33.29	33.34	33.10	30 161
27 January 2025	744	33.00	33.00	33.00	24 552
28 January 2025	1 000	33.18	33.18	33.16	33 180
29 January 2025	1 100	32.99	33.10	32.90	36 289
Total	4 050				134 136

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
23 January 2025	0	0.00	0.00	0.00	0
24 January 2025	750	33.67	33.80	33.50	25 253
27 January 2025	500	33.46	33.46	33.46	16 730
28 January 2025	300	33.60	33.60	33.60	10 080
29 January 2025	600	33.35	33.40	33.30	20 010
Total	2 150				72 073

The balance held by Bekaert under the liquidity agreement at the end of the period is 42 305 shares.

On 29 January 2025 after closing of the market, Bekaert holds 2 464 714 own shares, or 4.54% of the total number of the outstanding shares.

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

Attachment

• p250131E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement