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

Update on the Share Buyback Program and the Liquidity Agreement
Period from 8 September 2022 to 14 September 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 8 September 2022 to 14 September 2022, Kepler Cheuvreux on behalf of Bekaert has bought 73 643 shares.

The table below provides an overview of the transactions under the third tranche of the share buyback program during the period from 8 September 2022 to 14 September 2022:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
8 September 2022	Euronext Brussels	7 490	28.70	29.20	28.44	214 963
	MTF CBOE	4 820	28.69	29.12	28.40	138 286
	MTF Turquoise	345	28.67	28.86	28.42	9 891
	MTF Aquis	345	28.68	28.86	28.50	9 895
9 September 2022	Euronext Brussels	7 600	28.95	29.18	28.80	220 020
	MTF CBOE	5 000	28.94	29.14	28.80	144 700
	MTF Turquoise	400	28.95	29.04	28.82	11 580
	MTF Aquis	—	—	—	—	—
12 September 2022	Euronext Brussels	7 700	29.21	29.46	28.98	224 917
	MTF CBOE	5 300	29.20	29.36	29.04	154 760
	MTF Turquoise	—	—	—	—	—
	MTF Aquis	—	—	—	—	—
13 September 2022	Euronext Brussels	8 400	28.69	29.36	28.16	240 996
	MTF CBOE	5 900	28.69	29.30	28.14	169 271
	MTF Turquoise	1 200	29.12	29.12	29.12	34 944
	MTF Aquis	1 400	29.07	29.36	29.04	40 698
14 September 2022	Euronext Brussels	8 700	27.80	28.26	27.52	241 860
	MTF CBOE	6 243	27.79	28.18	27.52	173 493
	MTF Turquoise	1 300	28.21	28.38	28.20	36 673
	MTF Aquis	1 500	28.20	28.20	28.20	42 300
Total		73 643	28.64	29.46	27.52	2 109 247

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 12 002 shares during the period from 8 September 2022 to 14 September 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 5 301 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 8 September 2022 to 14 September 2022:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
8 September 2022	2 100	28.66	28.80	28.40	60 186
9 September 2022	2	28.70	28.70	28.70	57
12 September 2022	1 596	29.05	29.20	29.00	46 364
13 September 2022	5 304	28.82	29.10	28.40	152 861
14 September 2022	3 000	27.81	28.00	27.60	83 430
Total	12 002	—	—	—	342 898

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
8 September 2022	400	29.20	29.20	29.20	11 680
9 September 2022	2 201	28.98	29.20	28.70	63 785
12 September 2022	2 200	29.36	29.40	29.20	64 592
13 September 2022	500	29.50	29.50	29.50	14 750
14 September 2022	0	0.00	0.00	0.00	0
Total	5 301	—	—	—	154 807

The balance held by Bekaert under the liquidity agreement at the end of the period is 96 667 shares.

On 14 September 2022 after closing of the market, Bekaert holds 3 489 340 own shares, or 5.91% 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

• p220916E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement