Bekaert - Update on the Share Buyback Program and Liquidity Agreement

Update on the Share Buyback Program and the Liquidity Agreement

Period from 11 December 2025 to 17 December 2025

Share Buyback Program
On 21 November 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 11 December 2025 to 17 December 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 50 000 shares.

The table below provides an overview of the transactions under the Program during the period from 11 December 2025 to 17 December 2025:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
11 December 2025	Euronext Brussels	7 000	36.80	37.10	36.40	257 600
	MTF CBOE	3 000	36.74	37.00	36.35	110 220
	MTF Turquoise
	MTF Aquis
12 December 2025	Euronext Brussels	7 000	37.30	37.45	37.05	261 100
	MTF CBOE	3 000	37.31	37.40	37.10	111 930
	MTF Turquoise					—
	MTF Aquis					—
15 December 2025	Euronext Brussels	7 000	37.46	37.60	37.25	262 220
	MTF CBOE	3 000	37.46	37.60	37.25	112 380
	MTF Turquoise					—
	MTF Aquis					—
16 December 2025	Euronext Brussels	7 000	37.75	37.95	37.60	264 250
	MTF CBOE	3 000	37.77	37.95	37.55	113 310
	MTF Turquoise					—
	MTF Aquis
17 December 2025	Euronext Brussels	7 000	37.32	37.70	37.00	261 240
	MTF CBOE	3 000	37.33	37.65	37.00	111 990
	MTF Turquoise
	MTF Aquis
Total		50 000	37.32	37.95	36.35	1 866 240

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 5 420 shares during the period from 11 December 2025 to 17 December 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 7 100 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 11 December 2025 to 17 December 2025:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
11 December 2025	200	36.40	36.40	36.40	7 280
12 December 2025	0	0.00	0.00	0.00	0
15 December 2025	1 000	37.31	37.40	37.25	37 310
16 December 2025	2 219	37.62	37.80	37.30	83 479
17 December 2025	2 001	37.27	37.60	37.00	74 577
Total	5 420				202 646

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
11 December 2025	1 200	36.73	37.00	36.50	44 076
12 December 2025	1 000	37.26	37.40	37.15	37 260
15 December 2025	1 800	37.47	37.60	37.20	67 446
16 December 2025	1 900	37.86	38.00	37.70	71 934
17 December 2025	1 200	37.47	37.70	37.20	44 964
Total	7 100				265 680

The balance held by Bekaert under the liquidity agreement at the end of the period is 26 453 shares.

On 17 December 2025 after closing of the market, Bekaert holds 1 776 391 own shares, or 3.46% of the total number of the outstanding shares.

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

Attachment

• p251219E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement