Bekaert - Update on the Share Buyback Program and Liquidity Agreement

Update on the Share Buyback Program and the Liquidity Agreement

Period from 18 December 2025 to 24 December 2025

Share Buyback Program
On 21 November 2025, Bekaert announced the start of the next tranche of its share buyback program, for a total maximum consideration of up to € 25 million. As announced previously, the purpose of the Program is to cancel all shares repurchased.

Bekaert announces today that during the period from 18 December 2025 to 24 December 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 49 066 shares.

The table below provides an overview of the transactions under the Program during the period from 18 December 2025 to 24 December 2025:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
18 December 2025	Euronext Brussels	6 536	37.14	37.35	37.05	242 747
	MTF CBOE	2 530	37.13	37.20	37.05	93 939
	MTF Turquoise
	MTF Aquis
19 December 2025	Euronext Brussels	7 000	37.03	37.30	36.90	259 210
	MTF CBOE	3 000	37.03	37.25	36.90	111 090
	MTF Turquoise
	MTF Aquis
22 December 2025	Euronext Brussels	7 505	37.18	37.35	36.95	279 036
	MTF CBOE	2 495	37.14	37.25	36.95	92 664
	MTF Turquoise
	MTF Aquis
23 December 2025	Euronext Brussels	7 000	37.42	37.65	37.20	261 940
	MTF CBOE	3 000	37.43	37.65	37.20	112 290
	MTF Turquoise
	MTF Aquis
24 December 2025	Euronext Brussels	7 000	38.17	38.30	37.70	267 190
	MTF CBOE	3 000	38.17	38.25	37.70	114 510
	MTF Turquoise
	MTF Aquis
Total		49 066	37.39	38.30	36.90	1 834 616

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 4 000 shares during the period from 18 December 2025 to 24 December 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 6 400 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 18 December 2025 to 24 December 2025:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
18 December 2025	600	37.12	37.15	37.10	22 272
19 December 2025	1 800	37.06	37.30	36.90	66 708
22 December 2025	800	37.03	37.10	37.00	29 624
23 December 2025	800	37.28	37.30	37.20	29 824
24 December 2025	0	0.00	0.00	0.00	0
Total	4 000				148 428

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
18 December 2025	1 000	37.28	37.40	37.20	37 280
19 December 2025	800	37.14	37.20	37.10	29 712
22 December 2025	1 200	37.23	37.40	37.10	44 676
23 December 2025	1 400	37.44	37.60	37.30	52 416
24 December 2025	2 000	38.00	38.40	37.60	76 000
Total	6 400				240 084

The balance held by Bekaert under the liquidity agreement at the end of the period is 24 053 shares.

On 24 December 2025 after closing of the market, Bekaert holds 1 823 057 own shares, or 3.55% of the total number of the outstanding shares.

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

Attachment

• p251226E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement