Bekaert - Update on the Share Buyback Program and Liquidity Agreement

25 Jul 2025 08:15 CEST

Issuer

BEKAERT S.A.

Update on the Share Buyback Program and the Liquidity Agreement

Update on the Share Buyback Program
Bekaert announces today that it has completed the third tranche of its € 200 million share buyback program. During the tranche, which started 16 May 2025 and ended on 23 July 2025, the company repurchased 707 044 ordinary shares for an aggregate consideration of € 25 million.

Bekaert announces today that during the period from 17 July 2025 to 23 July 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 82 731 shares. The table below provides an overview of the transactions under the Program during the period from 17 July 2025 to 23 July 2025:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
17 July 2025	Euronext Brussels	10 031	37.23	37.35	37.10	373 454
	MTF CBOE	4 469	37.23	37.40	37.00	166 381
	MTF Turquoise					—
	MTF Aquis					—
18 July 2025	Euronext Brussels	10 355	37.26	37.45	36.95	385 827
	MTF CBOE	4 145	37.27	37.40	36.95	154 484
	MTF Turquoise					—
	MTF Aquis					—
21 July 2025	Euronext Brussels	10 000	37.74	37.95	37.50	377 400
	MTF CBOE	6 500	37.73	37.95	37.55	245 245
	MTF Turquoise	1 300	37.70	37.80	37.55	49 010
	MTF Aquis	1 400	37.71	37.80	37.55	52 794
22 July 2025	Euronext Brussels	10 000	37.59	37.80	37.20	375 900
	MTF CBOE	6 627	37.59	37.80	37.20	249 109
	MTF Turquoise	1 550	37.59	37.80	37.20	58 265
	MTF Aquis	1 422	37.60	37.80	37.20	53 467
23 July 2025	Euronext Brussels	9 543	37.90	38.40	37.55	361 680
	MTF CBOE	5 389	37.82	38.35	37.55	203 812
	MTF Turquoise					—
	MTF Aquis					—
Total		82 731	37.55	38.40	36.95	3 106 828

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 2 000 shares during the period from 17 July 2025 to 23 July 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 4 800 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 17 July 2025 to 23 July 2025:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
17 July 2025	0	0.00	0.00	0.00	0
18 July 2025	200	37.10	37.10	37.10	7 420
21 July 2025	0	0.00	0.00	0.00	0
22 July 2025	1 800	37.14	37.50	36.90	66 852
23 July 2025	0	0.00	0.00	0.00	0
Total	2 000				74 272

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
17 July 2025	1 200	37.18	37.30	37.05	44 616
18 July 2025	200	37.40	37.40	37.40	7 480
21 July 2025	1 000	37.72	37.90	37.50	37 720
22 July 2025	200	37.80	37.80	37.80	7 560
23 July 2025	2 200	37.87	38.40	37.45	83 314
Total	4 800				180 690