Bekaert Investor

Presentation

November 2021

Introduction to Bekaert

OVERVIEW

  • The global leader in steel wire transformation and coating technologies
  • Leading market position across diverse markets and geographies
  • Rich 140-year history of value creation and technological innovation
  • Global presence with deep understanding of local needs

STRATEGY

  • Optimizing value by actively managing and renewing the core business portfolio
  • Unlocking further growth through value-creating innovation, digital and sustainable opportunities, active portfolio management, and selective M&A in existing and adjacent markets

CAPITAL ALLOCATION

  • Well-capitalizedto invest in R&D, organic growth, and accretive M&A opportunities
  • Net debt / underlying EBITDA has been reduced from 2.7x to 0.7x
  • Dividend pay-out ratio policy targeted at 40% of net income

1800

patents and patent

rights

120

countries with

customers served

27000

engaged employees

globally

Investor presentation - Bekaert

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Global presence across diverse end markets

Combined sales, including sales of joint ventures in Brazil of ~€0.7Bn in 2020

2020 SALES BY END MARKET

23%

14%33%

44%

Tire & Automotive

30%

19%

Construction - Infrastructure

9%

Agriculture

9%

Basic materials

8%

Energy & utilities

6%

Equipment

5%

Consumer goods

Bekaert production plants

Bekaert offices

Bekaert Technology Centers

Investor presentation - Bekaert

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140+ years of innovation, growth and value creation

PIONEERING

Established in Belgium in

1880 as a small barbed wire

manufacturer

First acquisition abroad in 1920 - first investment in Latin America in 1948

Pioneering in new

technologies that address

mega trends:

new mobility | urbanization |

connected & smart | renewable energy | sustainability | reverse globalization

INNOVATING

First patent application in

June 1881

Tire cord development 1952

In-house Engineering and R&D centers since 1960's

Preferred innovation partner of global technology leaders

1 800+ patents in portfolio

Services and adjacent

solutions: Creativity beyond steel

GROWING

Global expansion programs

throughout history

Early presence in Latin

America and China

Largest acquisition (Pirelli) and merger (Bridon): 2014- 2016

Organic/inorganic growth plans in target markets:

Mobility | energy & utilities |

lifting & hoisting | agri |

construction & infrastructure

PERFORMING

Performance

culture

Delivery on priorities

  • 200 million paid in dividends since 2018

Significant performance improvement since 2019

Very strong balance sheet Strong margin performance

in all Business Units Lorem ipsum dolor

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PURSUING

Partnerships and

collaboration better together

Operational and commercial

excellence

Actions to unlock the

company's full potential

Innovation, digital, and sustainability strategy

Value creation for all

stakeholders

Investor presentation - Bekaert

4

Bekaert Group Executive

Leading with a shared ambition

Oswald Schmid

CEO

Stijn Vanneste

Arnaud Lesschaeve

Curd Vandekerckhove

Yves Kerstens

Divisional CEO

Divisional CEO

Divisional CEO

Divisional CEO

Steel Wire Solutions

Rubber Reinforcement

Bridon-Bekaert Ropes Group

Specialty Businesses

Chief Operations Officer

Taoufiq Boussaid

Kerstin Artenberg

Juan Carlos Alonso

Chief Financial Officer

Chief HR Officer

Chief Strategy Officer

5

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Disclaimer

Bekaert NV published this content on 19 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2021 08:19:01 UTC.