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

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

Update on the Share Buyback Program and the Liquidity Agreement

Period from 19 December 2024 to 24 December 2024

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 19 December 2024 to 24 December 2024, Kepler Cheuvreux SA on behalf of Bekaert has bought 47 820 shares.

The table below provides an overview of the transactions under the First Tranche of the Program during the period from 19 December 2024 to 24 December 2024:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
19 December 2024	Euronext Brussels	10 900	32.69	33.06	32.38	356 321
	MTF CBOE	5 936	32.72	33.24	32.34	194 226
	MTF Turquoise
	MTF Aquis
20 December 2024	Euronext Brussels	9 619	32.58	32.88	32.16	313 387
	MTF CBOE	5 381	32.64	32.82	32.16	175 636
	MTF Turquoise
	MTF Aquis
23 December 2024	Euronext Brussels	10 000	33.00	33.14	32.64	330 000
	MTF CBOE	2 000	32.98	33.14	32.68	65 960
	MTF Turquoise
	MTF Aquis
24 December 2024	Euronext Brussels	2 486	33.01	33.04	33.00	82 063
	MTF CBOE	1 498	33.02	33.10	33.00	49 464
	MTF Turquoise
	MTF Aquis
25 December 2024	Euronext Brussels
	MTF CBOE
	MTF Turquoise
	MTF Aquis
Total		47 820	32.77	33.24	32.16	1 567 057

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 2 600 shares during the period from 19 December 2024 to 24 December 2024 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 4 700 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 19 December 2024 to 24 December 2024:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
19 December 2024	1 600	32.62	32.84	32.40	52 192
20 December 2024	800	32.38	32.54	32.18	25 904
23 December 2024	200	32.80	32.80	32.80	6 560
24 December 2024	0	0.00	0.00	0.00	0
25 December 2024	0	0.00	0.00	0.00	0
Total	2 600				84 656

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
19 December 2024	2 200	33.23	33.50	32.84	73 106
20 December 2024	1 300	32.88	32.90	32.88	42 744
23 December 2024	1 200	33.03	33.06	33.00	39 636
24 December 2024	0	0.00	0.00	0.00	0
25 December 2024	0	0.00	0.00	0.00	0
Total	4 700				155 486

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

On 24 December 2024 after closing of the market, Bekaert holds 2 201 741 own shares, or 4.06% of the total number of the outstanding shares.

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

Attachment

• p241227E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement