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

Update on the Share Buyback Program and the Liquidity Agreement
Period from 6 October 2022 to 12 October 2022

Share Buyback Program

In the context of the share buyback program of Bekaert, announced on 25 February 2022, the third tranche of € 30 million started on 29 July 2022.

Bekaert announces today that during the period from 6 October 2022 to 12 October 2022, Kepler Cheuvreux on behalf of Bekaert has bought 101 171 shares.

The table below provides an overview of the transactions under the third tranche of the share buyback program during the period from 6 October 2022 to 12 October 2022:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
6 October 2022	Euronext Brussels	9 763	26.65	27.10	26.38	260 184
	MTF CBOE	9 892	26.64	27.10	26.36	263 523
	MTF Turquoise	—	—	—	—	—
	MTF Aquis	—	—	—	—	—
7 October 2022	Euronext Brussels	10 708	26.39	26.68	26.20	282 584
	MTF CBOE	10 433	26.40	26.64	26.18	275 431
	MTF Turquoise	1 700	26.24	26.30	26.18	44 608
	MTF Aquis	2 100	26.23	26.30	26.16	55 083
10 October 2022	Euronext Brussels	11 240	27.06	27.38	26.18	304 154
	MTF CBOE	10 299	27.11	27.36	26.80	279 206
	MTF Turquoise	—	—	—	—	—
	MTF Aquis	—	—	—	—	—
11 October 2022	Euronext Brussels	8 399	27.40	27.74	26.54	230 133
	MTF CBOE	8 100	27.37	27.72	26.56	221 697
	MTF Turquoise	—	—	—	—	—
	MTF Aquis	—	—	—	—	—
12 October 2022	Euronext Brussels	9 237	27.93	28.30	27.56	257 989
	MTF CBOE	9 300	27.94	28.30	27.60	259 842
	MTF Turquoise	—	—	—	—	—
	MTF Aquis	—	—	—	—	—
Total		101 171	27.03	28.30	26.16	2 734 434

As announced on 25 February 2022 and 29 July 2022, the purpose of the program is to reduce the issued share capital of the company. All shares repurchased as part of the program will be cancelled.

Liquidity agreement

In the context of the renewed liquidity agreement with Kepler Cheuvreux, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 3 207 shares during the period from 6 October 2022 to 12 October 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 15 571 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 6 October 2022 to 12 October 2022:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
6 October 2022	800	26.45	26.50	26.40	21 160
7 October 2022	1 200	26.25	26.36	26.18	31 500
10 October 2022	400	26.20	26.20	26.20	10 480
11 October 2022	801	26.65	27.90	26.60	21 347
12 October 2022	6	27.80	27.80	27.80	167
Total	3 207	—	—	—	84 653

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
6 October 2022	1 200	26.97	27.10	26.80	32 364
7 October 2022	400	26.60	26.60	26.60	10 640
10 October 2022	5 500	27.04	27.40	26.40	148 720
11 October 2022	6 871	27.70	28.00	27.10	190 327
12 October 2022	1 600	28.21	28.30	28.00	45 136
Total	15 571	—	—	—	427 187

The balance held by Bekaert under the liquidity agreement at the end of the period is 82 777 shares.

On 12 October 2022 after closing of the market, Bekaert holds 3 911 124 own shares, or 6.63% of the total number of the outstanding shares.

Related press release: 2 September 2022: Bekaert renews existing liquidity contract

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

Attachment

• p221014E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement