Bekaert - Update on the Share Buyback Program and Liquidity Agreement

Update on the Share Buyback Program and the Liquidity Agreement

Period from 6 November 2025 to 12 November 2025

Share Buyback Program
On 31 July 2025, Bekaert announced the start of the next tranche of its share buyback program, for a total maximum consideration of up to € 25 million. As announced previously, the purpose of the Program is to cancel all shares repurchased.

Bekaert announces today that during the period from 6 November 2025 to 12 November 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 43 200 shares.

The table below provides an overview of the transactions under the Program during the period from 6 November 2025 to 12 November 2025:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
6 November 2025	Euronext Brussels	5 000	35.33	35.75	35.10	176 650
	MTF CBOE	4 000	35.33	35.65	35.10	141 320
	MTF Turquoise
	MTF Aquis
7 November 2025	Euronext Brussels	5 000	35.38	35.65	35.25	176 900
	MTF CBOE	4 000	35.38	35.75	35.20	141 520
	MTF Turquoise
	MTF Aquis
10 November 2025	Euronext Brussels	4 400	35.62	35.95	35.40	156 728
	MTF CBOE	4 000	35.61	35.90	35.35	142 440
	MTF Turquoise
	MTF Aquis
11 November 2025	Euronext Brussels	4 400	36.01	36.20	35.50	158 444
	MTF CBOE	4 000	36.02	36.20	35.80	144 080
	MTF Turquoise
	MTF Aquis
12 November 2025	Euronext Brussels	4 400	36.32	36.50	36.10	159 808
	MTF CBOE	4 000	36.32	36.45	36.15	145 280
	MTF Turquoise
	MTF Aquis
Total		43 200	35.73	36.50	35.10	1 543 170

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 2 981 shares during the period from 6 November 2025 to 12 November 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 4 601 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 6 November 2025 to 12 November 2025:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
6 November 2025	990	35.22	35.50	35.10	34 868
7 November 2025	1 201	35.21	35.40	35.20	42 287
10 November 2025	590	35.50	35.65	35.35	20 945
11 November 2025	0	0.00	0.00	0.00	0
12 November 2025	200	36.10	36.10	36.10	7 220
Total	2 981				105 320

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
6 November 2025	400	35.73	35.80	35.65	14 292
7 November 2025	903	35.56	35.80	35.40	32 111
10 November 2025	1 098	35.69	35.80	35.65	39 188
11 November 2025	1 400	36.09	36.20	35.90	50 526
12 November 2025	800	36.36	36.50	36.25	29 088
Total	4 601				165 204

The balance held by Bekaert under the liquidity agreement at the end of the period is 27 119 shares.

On 12 November 2025 after closing of the market, Bekaert holds 2 094 403 own shares, or 4.04% of the total number of the outstanding shares.

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

Attachment

• p251114E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement