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

Update on the Share Buyback Program and the Liquidity Agreement

Period from 12 December 2024 to 18 December 2024

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 12 December 2024 to 18 December 2024, Kepler Cheuvreux SA on behalf of Bekaert has bought 67 764 shares.

The table below provides an overview of the transactions under the First Tranche of the Program during the period from 12 December 2024 to 18 December 2024:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
12 December 2024	Euronext Brussels	8 500	33.63	34.08	33.38	285 855
	MTF CBOE	4 500	33.57	33.86	33.40	151 065
	MTF Turquoise
	MTF Aquis
13 December 2024	Euronext Brussels	8 000	33.57	33.86	33.38	268 560
	MTF CBOE	4 000	33.58	33.84	33.36	134 320
	MTF Turquoise
	MTF Aquis
16 December 2024	Euronext Brussels	9 849	32.85	33.20	32.58	323 540
	MTF CBOE	3 000	32.77	32.82	32.74	98 310
	MTF Turquoise
	MTF Aquis
17 December 2024	Euronext Brussels	10 816	32.67	32.76	32.56	353 359
	MTF CBOE	4 099	32.67	32.78	32.56	133 914
	MTF Turquoise
	MTF Aquis
18 December 2024	Euronext Brussels	11 000	32.70	32.82	32.52	359 700
	MTF CBOE	4 000	32.70	32.80	32.54	130 800
	MTF Turquoise
	MTF Aquis
Total		67 764	33.05	34.08	32.52	2 239 423

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 4 948 shares during the period from 12 December 2024 to 18 December 2024 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 3 181 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 12 December 2024 to 18 December 2024:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
12 December 2024	1 500	33.55	33.70	33.40	50 325
13 December 2024	600	33.57	33.70	33.40	20 142
16 December 2024	1 448	32.95	33.20	32.70	47 712
17 December 2024	1 400	32.63	32.78	32.46	45 682
18 December 2024	0	0.00	0.00	0.00	0
Total	4 948				163 861

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
12 December 2024	281	34.00	34.00	34.00	9 554
13 December 2024	1 100	33.78	33.82	33.70	37 158
16 December 2024	0	0.00	0.00	0.00	0
17 December 2024	600	32.71	32.74	32.70	19 626
18 December 2024	1 200	32.73	32.80	32.60	39 276
Total	3 181				105 614

The balance held by Bekaert under the liquidity agreement at the end of the period is 42 505 shares.

On 18 December 2024 after closing of the market, Bekaert holds 2 156 021 own shares, or 3.97% of the total number of the outstanding shares.

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

Attachment

• p241220E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement