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

06 Dec 2024 08:15 CET

Issuer

BEKAERT S.A.

Update on the Share Buyback Program and the Liquidity Agreement

Period from 28 November 2024 to 4 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 28 November 2024 to 4 December 2024, Kepler Cheuvreux SA on behalf of Bekaert has bought 93 569 shares.

The table below provides an overview of the transactions under the First Tranche of the Program during the period from 28 November 2024 to 4 December 2024:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
28 November 2024	Euronext Brussels	9 870	33.09	33.50	32.78	326 598
	MTF CBOE	5 362	33.08	33.50	32.78	177 375
	MTF Turquoise	1 038	32.99	33.16	32.80	34 244
	MTF Aquis	882	33.04	33.40	32.78	29 141
29 November 2024	Euronext Brussels	10 325	32.71	33.00	32.52	337 731
	MTF CBOE	5 579	32.71	32.90	32.52	182 489
	MTF Turquoise	1 081	32.69	32.86	32.58	35 338
	MTF Aquis	914	32.71	32.84	32.60	29 897
2 December 2024	Euronext Brussels	10 566	32.69	32.88	32.54	345 403
	MTF CBOE	5 962	32.70	32.82	32.52	194 957
	MTF Turquoise	1 105	32.72	32.84	32.62	36 156
	MTF Aquis	768	32.68	32.82	32.50	25 098
3 December 2024	Euronext Brussels	12 529	32.89	33.00	32.74	412 079
	MTF CBOE	5 837	32.90	32.96	32.72	192 037
	MTF Turquoise	1 048	32.90	32.96	32.76	34 479
	MTF Aquis	861	32.88	32.96	32.78	28 310
4 December 2024	Euronext Brussels	11 589	33.34	33.56	33.02	204 941
	MTF CBOE	6 147	33.35	33.52	33.02	205 002
	MTF Turquoise	1 173	33.35	33.52	33.04	39 120
	MTF Aquis	933	33.39	33.52	33.02	31 153
Total		93 569	31.01	33.56	32.50	2 901 548

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 3 600 shares during the period from 28 November 2024 to 4 December 2024 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 5 787 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 28 November 2024 to 4 December 2024:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
28 November 2024	1 400	33.02	33.20	32.80	46 228
29 November 2024	1 000	32.62	32.70	32.54	32 620
2 December 2024	1 000	32.70	32.72	32.60	32 700
3 December 2024	0	0.00	0.00	0.00	0
4 December 2024	200	33.26	33.26	33.26	6 652
Total	3 600				118 200

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
28 November 2024	900	33.37	33.50	33.22	30 033
29 November 2024	1 200	32.80	33.00	32.70	39 360
2 December 2024	600	32.85	32.90	32.80	19 710
3 December 2024	987	32.94	33.00	32.80	32 512
4 December 2024	2 100	33.36	33.56	33.10	70 056
Total	5 787				191 671