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

Update on the Share Buyback Program and the Liquidity Agreement

Period from 2 January 2025 to 8 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 2 January 2025 to 8 January 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 59 869 shares.

The table below provides an overview of the transactions under the First Tranche of the Program during the period from 2 January 2025 to 8 January 2025:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
2 January 2025	Euronext Brussels	8 000	33.66	33.96	33.48	269 280
	MTF CBOE	4 000	33.65	33.86	33.50	134 600
	MTF Turquoise
	MTF Aquis
3 January 2025	Euronext Brussels	8 000	33.29	33.68	33.02	266 329
	MTF CBOE	4 000	33.28	33.52	33.02	133 101
	MTF Turquoise
	MTF Aquis
6 January 2025	Euronext Brussels	7 899	33.83	34.36	33.08	267 223
	MTF CBOE	3 970	33.84	34.32	33.40	134 345
	MTF Turquoise
	MTF Aquis
7 January 2025	Euronext Brussels	7 800	33.79	34.50	33.54	263 562
	MTF CBOE	4 200	33.78	34.44	33.58	141 876
	MTF Turquoise
	MTF Aquis
8 January 2025	Euronext Brussels	7 800	32.93	33.40	32.64	256 854
	MTF CBOE	4 200	32.92	33.32	32.64	138 264
	MTF Turquoise
	MTF Aquis
Total		59 869	33.50	34.50	32.64	2 005 434

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 6 000 shares during the period from 2 January 2025 to 8 January 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 4 100 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 2 January 2025 to 8 January 2025:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
2 January 2025	400	33.53	33.56	33.50	13 412
3 January 2025	2 000	33.26	33.60	33.00	66 520
6 January 2025	0	0.00	0.00	0.00	0
7 January 2025	1 600	33.80	33.90	33.60	54 080
8 January 2025	2 000	33.01	33.40	32.70	66 020
Total	6 000				200 032

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
2 January 2025	1 400	33.91	34.00	33.88	47 474
3 January 2025	0	0.00	0.00	0.00	0
6 January 2025	2 400	33.75	34.42	33.28	81 000
7 January 2025	300	34.50	34.50	34.50	10 350
8 January 2025	0	0.00	0.00	0.00	0
Total	4 100				138 824

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

On 8 January 2025 after closing of the market, Bekaert holds 2 296 856 own shares, or 4.23% of the total number of the outstanding shares.

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

Attachment

• p250110E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement