Update on the Share Buyback Program and the Liquidity Agreement
Period from 2 October 2025 to 8 October 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 2 October 2025 to 8 October 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 41 500 shares.
The table below provides an overview of the transactions under the Program during the period from 2 October 2025 to 8 October 2025:
|  | Repurchase of shares | |||||
| Date | Market | Number of Shares | Average Price paid (€) | Highest Price paid (€) | Lowest Price paid (€) | Total Amount (€) | 
| 2 October 2025 | Euronext Brussels | 6 600 | 39.25 | 39.40 | 39.15 | 259 050 | 
|  | MTF CBOE | 2 000 | 39.33 | 39.65 | 39.15 | 78 660 | 
|  | MTF Turquoise |  |  |  |  |  | 
|  | MTF Aquis |  |  |  |  |  | 
| 3 October 2025 | Euronext Brussels | 6 300 | 39.59 | 39.80 | 39.35 | 249 417 | 
|  | MTF CBOE | 2 000 | 39.59 | 39.75 | 39.50 | 79 180 | 
|  | MTF Turquoise |  |  |  |  |  | 
|  | MTF Aquis |  |  |  |  |  | 
| 6 October 2025 | Euronext Brussels | 6 300 | 39.65 | 39.90 | 39.35 | 249 795 | 
|  | MTF CBOE | 2 000 | 39.67 | 39.90 | 39.40 | 79 340 | 
|  | MTF Turquoise |  |  |  |  |  | 
|  | MTF Aquis |  |  |  |  |  | 
| 7 October 2025 | Euronext Brussels | 6 000 | 40.00 | 40.25 | 39.45 | 240 000 | 
|  | MTF CBOE | 2 300 | 40.02 | 40.30 | 39.40 | 92 046 | 
|  | MTF Turquoise |  |  |  |  |  | 
|  | MTF Aquis |  |  |  |  |  | 
| 8 October 2025 | Euronext Brussels | 6 000 | 40.03 | 40.15 | 39.80 | 240 180 | 
|  | MTF CBOE | 2 000 | 40.02 | 40.15 | 39.80 | 80 040 | 
|  | MTF Turquoise |  |  |  |  |  | 
|  | MTF Aquis |  |  |  |  |  | 
| Total |  | 41 500 | 39.70 | 40.30 | 39.15 | 1 647 708 | 
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 2 100 shares during the period from 2 October 2025 to 8 October 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 4 200 shares on Euronext Brussels.
The tables below provide an overview of the transactions under the liquidity agreement during the period from 2 October 2025 to 8 October 2025:
|  | Purchase of shares | ||||
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) | 
| 2 October 2025 | 1 000 | 39.33 | 39.40 | 39.20 | 39 330 | 
| 3 October 2025 | 0 | 0.00 | 0.00 | 0.00 | 0 | 
| 6 October 2025 | 500 | 39.50 | 39.50 | 39.50 | 19 750 | 
| 7 October 2025 | 400 | 39.45 | 39.50 | 39.40 | 15 780 | 
| 8 October 2025 | 200 | 40.00 | 40.00 | 40.00 | 8 000 | 
| Total | 2 100 |  |  |  | 82 860 | 
|  | Sale of shares | ||||
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) | 
| 2 October 2025 | 600 | 39.67 | 39.80 | 39.40 | 23 802 | 
| 3 October 2025 | 800 | 39.64 | 39.80 | 39.50 | 31 712 | 
| 6 October 2025 | 600 | 39.78 | 39.85 | 39.70 | 23 868 | 
| 7 October 2025 | 1 200 | 40.00 | 40.20 | 39.70 | 48 000 | 
| 8 October 2025 | 1 000 | 40.10 | 40.20 | 40.00 | 40 100 | 
| Total | 4 200 |  |  |  | 167 482 | 
The balance held by Bekaert under the liquidity agreement at the end of the period is 28 335 shares.
On 8 October 2025 after closing of the market, Bekaert holds 1 866 764 own shares, or 3.60% of the total number of the outstanding shares.
This information is also made available on the investor relations pages of our website.
Attachment
