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

29 Nov 2024 08:15 CET

Issuer

BEKAERT S.A.

Update on the Share Buyback Program and the Liquidity Agreement

Period from 21 November 2024 to 27 November 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 21 November 2024 to 27 November 2024, Kepler Cheuvreux SA on behalf of Bekaert has bought 66 930 shares.

The table below provides an overview of the transactions under the First Tranche of the Program during the period from 21 November 2024 to 27 November 2024:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
21 November 2024	Euronext Brussels
	MTF CBOE
	MTF Turquoise
	MTF Aquis
22 November 2024	Euronext Brussels	7 629	32.33	32.62	31.70	246 683
	MTF CBOE	5 443	32.35	32.60	31.90	176 090
	MTF Turquoise	918	32.36	32.56	32.00	29 709
	MTF Aquis	776	32.37	32.60	32.20	25 120
25 November 2024	Euronext Brussels	9 147	32.81	33.04	32.24	300 098
	MTF CBOE	6 188	32.80	33.08	32.28	202 995
	MTF Turquoise	953	32.88	33.08	32.64	31 330
	MTF Aquis	847	32.82	33.08	32.28	27 798
26 November 2024	Euronext Brussels	9 913	32.75	33.08	32.50	324 637
	MTF CBOE	6 478	32.75	33.08	32.52	212 148
	MTF Turquoise	1 036	32.75	33.04	32.64	33 934
	MTF Aquis	883	32.78	33.06	32.62	28 947
27 November 2024	Euronext Brussels	9 128	33.08	33.24	32.62	301 940
	MTF CBOE	5 835	33.09	33.24	32.60	193 089
	MTF Turquoise	946	33.13	33.24	32.98	31 342
	MTF Aquis	810	33.15	33.24	33.00	26 853
Total		66 930	32.76	33.24	31.70	2 192 713

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 3 218 shares during the period from 21 November 2024 to 27 November 2024 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 9 600 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 21 November 2024 to 27 November 2024:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
21 November 2024	1 469	31.78	31.90	31.70	46 685
22 November 2024	149	31.60	31.60	31.60	4 708
25 November 2024	200	32.20	32.20	32.20	6 440
26 November 2024	1 400	32.61	32.72	32.50	45 654
27 November 2024	0	0.00	0.00	0.00	0
Total	3 218				103 487

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
21 November 2024	0	0.00	0.00	0.00	0
22 November 2024	4 800	32.39	32.60	32.00	155 472
25 November 2024	2 400	32.81	33.00	32.60	78 744
26 November 2024	300	33.10	33.10	33.10	9 930
27 November 2024	2 100	33.04	33.30	32.70	69 384
Total	9 600				313 530