Bekaert - Update on the Share Buyback Program and Liquidity Agreement

Update on the Share Buyback Program and the Liquidity Agreement

Period from 20 November 2025 to 26 November 2025

Share Buyback Program
On 21 November 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 20 November 2025 to 26 November 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 43 407 shares.

The table below provides an overview of the transactions under the Program during the period from 20 November 2025 to 26 November 2025:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
20 November 2025	Euronext Brussels					—
	MTF CBOE					—
	MTF Turquoise
	MTF Aquis
21 November 2025	Euronext Brussels	5 592	35.61	36.15	34.15	199 131
	MTF CBOE	4 732	35.59	36.15	34.10	168 412
	MTF Turquoise	730	35.78	36.10	35.35	26 119
	MTF Aquis	910	35.74	36.10	34.65	32 523
24 November 2025	Euronext Brussels	6 000	37.39	37.85	36.60	224 340
	MTF CBOE	5 000	37.39	37.90	37.10	186 950
	MTF Turquoise	500	37.46	37.80	37.15	18 730
	MTF Aquis	500	37.46	37.85	37.15	18 730
25 November 2025	Euronext Brussels	7 000	36.96	37.30	36.25	258 720
	MTF CBOE	3 000	36.96	37.25	36.40	110 880
	MTF Turquoise
	MTF Aquis
26 November 2025	Euronext Brussels	6 721	36.87	37.15	36.65	247 803
	MTF CBOE	2 722	36.85	37.00	36.65	100 306
	MTF Turquoise
	MTF Aquis
Total		43 407	36.67	37.90	34.10	1 592 644

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 4 200 shares during the period from 20 November 2025 to 26 November 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 7 714 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 20 November 2025 to 26 November 2025:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
20 November 2025	400	34.70	34.80	34.60	13 880
21 November 2025	1 000	33.92	34.00	33.70	33 920
24 November 2025	200	37.10	37.10	37.10	7 420
25 November 2025	1 400	36.77	37.10	36.30	51 478
26 November 2025	1 200	36.78	36.90	36.70	44 136
Total	4 200				150 834

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
20 November 2025	400	35.05	35.10	35.00	14 020
21 November 2025	3 700	35.47	36.30	34.20	131 239
24 November 2025	2 500	37.18	37.80	36.40	92 950
25 November 2025	1 000	37.06	37.20	36.80	37 060
26 November 2025	114	37.30	37.30	37.30	4 252
Total	7 714				279 521

The balance held by Bekaert under the liquidity agreement at the end of the period is 27 805 shares.

On 26 November 2025 after closing of the market, Bekaert holds 2 154 502 own shares, or 4.16% of the total number of the outstanding shares.

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

Attachment

• p251128E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement