Bekaert - Update on the Share Buyback Program and Liquidity Agreement

Update on the Share Buyback Program and the Liquidity Agreement

Period from 23 October 2025 to 29 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 23 October 2025 to 29 October 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 40 000 shares.

The table below provides an overview of the transactions under the Program during the period from 23 October 2025 to 29 October 2025:

Repurchase of sharesDateMarketNumber of SharesAverage Price paid (€)Highest Price
paid (€)Lowest Price
paid (€)Total
Amount (€)23 October 2025Euronext Brussels4 10135.4535.6535.20145 380 MTF CBOE3 89935.4435.6535.15138 181 MTF Turquoise MTF Aquis 24 October 2025Euronext Brussels4 00035.5935.8035.30142 360 MTF CBOE4 00035.5735.7535.30142 280 MTF Turquoise MTF Aquis 27 October 2025Euronext Brussels4 00035.8235.9035.50143 280 MTF CBOE4 00035.8335.9535.50143 320 MTF Turquoise MTF Aquis 28 October 2025Euronext Brussels4 00035.8335.9535.50143 320 MTF CBOE4 00035.7935.9035.50143 160 MTF Turquoise MTF Aquis 29 October 2025Euronext Brussels4 00035.9936.1535.75143 960 MTF CBOE4 00035.9536.1035.80143 800 MTF Turquoise MTF Aquis Total 40 00035.7336.1535.151 429 041

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 1 760 shares during the period from 23 October 2025 to 29 October 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 5 000 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 23 October 2025 to 29 October 2025:

Purchase of sharesDateNumber of SharesAverage Price (€)Highest Price (€)Lowest Price (€)Total Amount (€)23 October 202500.000.000.00024 October 202576035.3535.4035.3026 86627 October 202540035.6535.7035.6014 26028 October 202540035.6535.7035.6014 26029 October 202520035.7035.7035.707 140Total1 760 62 526

Sale of sharesDateNumber of SharesAverage Price (€)Highest Price (€)Lowest Price (€)Total Amount (€)23 October 20251 00035.4735.5035.4535 47024 October 20251 20035.6835.7035.6042 81627 October 20251 00035.8735.9035.8535 87028 October 202560035.8535.8535.8521 51029 October 20251 20036.0736.1536.0043 284Total5 000 178 950

The balance held by Bekaert under the liquidity agreement at the end of the period is 26 729 shares.

On 29 October 2025 after closing of the market, Bekaert holds 2 008 813 own shares, or 3.88% of the total number of the outstanding shares.

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

Attachment

p251031E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement