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

Update on the Share Buyback Program and the Liquidity Agreement

Period from 26 December 2024 to 1 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 26 December 2024 to 1 January 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 33 346 shares.

The table below provides an overview of the transactions under the First Tranche of the Program during the period from 26 December 2024 to 1 January 2025:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
26 December 2024	Euronext Brussels	—	—	—	—	—
	MTF CBOE	—	—	—	—	—
	MTF Turquoise
	MTF Aquis
27 December 2024	Euronext Brussels	8 000	33.05	33.32	32.82	264 400
	MTF CBOE	4 000	33.05	33.34	32.80	132 200
	MTF Turquoise
	MTF Aquis
30 December 2024	Euronext Brussels	8 000	32.73	32.98	32.40	261 840
	MTF CBOE	4 000	32.71	33.00	32.42	130 840
	MTF Turquoise
	MTF Aquis
31 December 2024	Euronext Brussels	6 279	32.82	33.34	32.44	206 077
	MTF CBOE	3 067	32.93	33.34	32.46	100 996
	MTF Turquoise
	MTF Aquis
1 January 2025	Euronext Brussels	—	—	—	—	—
	MTF CBOE	—	—	—	—	—
	MTF Turquoise
	MTF Aquis
Total		33 346	32.88	33.34	32.40	1 096 353

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 2 801 shares during the period from 26 December 2024 to 1 January 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 2 801 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 26 December 2024 to 1 January 2025:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
26 December 2024	0	0.00	0.00	0.00	0
27 December 2024	800	32.90	33.00	32.80	26 320
30 December 2024	2 000	32.66	32.90	32.40	65 320
31 December 2024	1	32.66	32.66	32.66	33
1 January 2025	0	0.00	0.00	0.00	0
Total	2 801				91 673

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
26 December 2024	0	0.00	0.00	0.00	0
27 December 2024	200	33.20	33.20	33.20	6 640
30 December 2024	200	33.00	33.00	33.00	6 600
31 December 2024	2 401	32.95	33.40	32.66	79 113
1 January 2025	0	0.00	0.00	0.00	0
Total	2 801				92 353

The balance held by Bekaert under the liquidity agreement at the end of the period is 40 405 shares.

On 31 December 2024 after closing of the market, Bekaert holds 2 235 087 own shares, or 4.12% of the total number of the outstanding shares.

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

Attachment

• p250103E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement