Bekaert - Update on the Share Buyback Program and Liquidity Agreement

Update on the Share Buyback Program and the Liquidity Agreement

Period from 13 November 2025 to 19 November 2025

Share Buyback Program
Bekaert announces today that it has completed the fourth tranche of its € 200 million share buyback program. During the tranche, which started 31 July 2025 and ended on 14 November 2025, the company repurchased 667 653 ordinary shares for an aggregate consideration of € 25 million.

Bekaert announces today that during the period from 13 November 2025 to 14 November 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 16 006 shares.

The table below provides an overview of the transactions under the Program during the period from 13 November 2025 to 14 November 2025:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
13 November 2025	Euronext Brussels	4 200	36.08	36.25	35.95	151 536
	MTF CBOE	4 000	36.08	36.25	35.90	144 320
	MTF Turquoise
	MTF Aquis
14 November 2025	Euronext Brussels	4 806	35.60	35.75	35.40	171 094
	MTF CBOE	3 000	35.58	35.75	35.40	106 740
	MTF Turquoise
	MTF Aquis
Total		16 006	35.84	36.25	35.40	573 690

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 5 693 shares during the period from 13 November 2025 to 19 November 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 1 493 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 13 November 2025 to 19 November 2025:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
13 November 2025	1 400	35.94	36.00	35.90	50 316
14 November 2025	1 210	35.52	35.65	35.35	42 979
17 November 2025	1 200	35.32	35.70	34.90	42 384
18 November 2025	1 483	34.44	34.65	34.10	51 075
19 November 2025	400	34.25	34.30	34.20	13 700
Total	5 693				200 454

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
13 November 2025	0	0.00	0.00	0.00	0
14 November 2025	200	35.75	35.75	35.75	7 150
17 November 2025	293	35.57	35.70	35.30	10 422
18 November 2025	0	0.00	0.00	0.00	0
19 November 2025	1 000	34.70	34.90	34.50	34 700
Total	1 493				52 272

The balance held by Bekaert under the liquidity agreement at the end of the period is 31 319 shares.

On 19 November 2025 after closing of the market, Bekaert holds 2 114 609 own shares, or 4.08% of the total number of the outstanding shares.

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

Attachment

• p251121E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement