Bekaert: General Meeting of Shareholders 10 May 2017

Katelijn Bohez

T +32 56 23 05 71

www.bekaert.com

Today Bekaert's Annual General Meeting of Shareholders took place, with Mr Bert De Graeve, Chairman of the Board of Directors, in the chair. The following main subjects were considered.

The meeting approved the balance sheet and the income statement as at 31 December 2016, as submitted by the Board of Directors, including the distribution of a gross dividend of € 1.10 per share.

The dividend ex-date is 11 May 2017. The dividend will be payable on 15 May 2017 by the following banks: ING Belgium, Bank Degroof Petercam, BNP Paribas Fortis, KBC Bank and Belfius Bank in Belgium, Société Générale in France, ABN-AMRO Bank in the Netherlands and UBS in Switzerland.

The meeting acknowledged the 2016 annual report of the Board of Directors, and approved the remuneration report for the year 2016. The meeting discharged the Directors and the Statutory Auditor for the performance of their duties during the financial year 2016 and approved the remuneration of the Directors and the Statutory Auditor.

Bekaert (www.bekaert.com) is a world market and technology leader in steel wire transformation and coating technologies. We pursue to be the preferred supplier for our steel wire products and solutions by continuously delivering superior value to our customers worldwide. Bekaert (Euronext Brussels: BEKB) is a global company with almost 30 000 employees worldwide, headquarters in Belgium and € 4.4 billion in annual revenue.