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

        

Update on the Share Buyback Program and the Liquidity Agreement

Period from 8 June 2023 to 14 June 2023

Share Buyback Program
On 10 May 2023, Bekaert announced the start of the sixth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Sixth Tranche). All shares bought as part of the Program will be cancelled. The purpose of the Program is to reduce the issued share capital of the company.

Bekaert announces today that during the period from 8 June 2023 to 14 June 2023, Kepler Cheuvreux on behalf of Bekaert has bought 52 664 shares.

The table below provides an overview of the transactions under the sixth tranche of the Program during the period from 8 June 2023 to 14 June 2023:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
8 June 2023	Euronext Brussels	5 841	42.02	42.10	41.86	245 439
	MTF CBOE	3 921	42.02	42.10	41.86	164 760
	MTF Turquoise	619	42.02	42.10	41.86	26 010
	MTF Aquis	1 093	42.02	42.08	41.88	45 928
9 June 2023	Euronext Brussels	5 675	42.07	42.16	41.90	238 747
	MTF CBOE	3 587	42.07	42.24	41.90	150 905
	MTF Turquoise	599	42.08	42.34	41.98	25 206
	MTF Aquis	1 096	42.07	42.16	41.92	46 109
12 June 2023	Euronext Brussels	5 610	42.41	42.52	42.12	237 920
	MTF CBOE	3 739	42.41	42.52	42.12	158 571
	MTF Turquoise	575	42.41	42.50	42.28	24 386
	MTF Aquis	998	42.40	42.52	42.14	42 315
13 June 2023	Euronext Brussels	4 511	42.99	43.18	42.68	193 928
	MTF CBOE	3 162	43.01	43.20	42.76	135 998
	MTF Turquoise	498	43.00	43.14	42.82	21 414
	MTF Aquis	905	43.01	43.18	42.68	38 924
14 June 2023	Euronext Brussels	5 120	43.45	43.60	43.28	222 464
	MTF CBOE	3 494	43.44	43.60	43.26	151 779
	MTF Turquoise	560	43.44	43.58	43.26	24 326
	MTF Aquis	1 061	43.46	43.58	43.28	46 111
Total		52 664	42.56	43.60	41.86	2 241 240

Liquidity agreement

In relation to the renewed liquidity agreement with Kepler Cheuvreux announced on 2 September 2022, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 2 000 shares during the period from 8 June 2023 to 14 June 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 8 100 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 8 June 2023 to 14 June 2023:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
8 June 2023	800	41.90	41.90	41.90	33 520
9 June 2023	1 200	41.97	42.00	41.90	50 364
12 June 2023	0	0.00	0.00	0.00	0
13 June 2023	0	0.00	0.00	0.00	0
14 June 2023	0	0.00	0.00	0.00	0
Total	2 000				83 884

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
8 June 2023	2 400	41.89	42.10	41.80	100 536
9 June 2023	2 000	42.10	42.20	42.00	84 200
12 June 2023	1 200	42.32	42.40	42.26	50 784
13 June 2023	1 200	42.80	43.00	42.60	51 360
14 June 2023	1 300	43.41	43.50	43.30	56 433
Total	8 100				343 313

The balance held by Bekaert under the liquidity agreement at the end of the period is 39 619 shares.

On 14 June 2023 after closing of the market, Bekaert holds 3 291 974 own shares, or 5.78% of the total number of the outstanding shares.

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

Attachment

• p230616E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement