Tag: GlobeNewswire

Highlights⁽¹⁾

Delivered strong third-quarter 2026 results, reflecting continued productivity improvements and disciplined execution.

• Sales decreased 4% to $10.1 billion, reflecting lower light vehicle production and impact of divestitures
• Income from operations before income taxes increased 17% to $552 million
• Adjusted EBIT increased 11% to $683 million, with Adjusted EBIT margin expanding 90 basis points to 6.8%
• Diluted earnings per share were $1.44; Adjusted EPS increased 38% to $1.83
• Returned $658 million to shareholders during the quarter through dividends and share repurchases
• Reaffirming midpoint of full year Outlook for Adjusted EPS and increasing Free Cash Flow Outlook
• Board approved new Normal Course Issuer Bid to repurchase up to 10% of public float over the next 12 months

AURORA, Ontario, Oct. 30, 2026 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the third quarter ended September 30, 2026.

Please click HERE for full third quarter MD&A and Financial Statements. 

 

“Magna’s strong third-quarter results demonstrate that disciplined execution and operational improvements are driving higher earnings, margins and cash generation. Our year-to-date performance reinforces confidence in our Adjusted EPS outlook and supports a higher Free Cash Flow outlook, enabling us to return meaningful capital to shareholders and continue to invest for future growth. We remain focused on finishing 2026 strong and positioning Magna for success in 2027 and beyond. At our Investor Day on November 11, we look forward to sharing more about our strategic priorities and longer-term outlook.” – Swamy Kotagiri, Chief Executive Officer

		THREE MONTHS ENDED SEPTEMBER 30,						NINE MONTHS ENDED SEPTEMBER 30,
			2026			2025			2026			2025
Reported
Sales		$	10,059		$	10,462		$	31,420		$	31,162
Income from operations before income taxes			552			473			1,238			1,194
Net income attributable to Magna
International Inc.			383			305			840			830
Diluted earnings per share			1.44			1.08			3.08			2.94
Non-GAAP Financial Measures(1)
Adjusted EBIT		$	683		$	613		$	1,918		$	1,550
Adjusted EPS			1.83			1.33			5.06			3.55
Free Cash Flow			584			572			1,573			560
All results are reported in millions of U.S. dollars, except per share figures, which are in U.S. dollars
(1) Adjusted EBIT, Adjusted EPS, and Free Cash Flow are Non-GAAP financial measures that have no standardized meaning under U.S. GAAP, and as a result may not be comparable to the calculation of similar measures by other companies. Further information and a reconciliation of these Non-GAAP financial measures is included in the back of this press release.

THREE MONTHS ENDED SEPTEMBER 30, 2026

We posted sales of $10.1 billion for the third quarter of 2026, a decrease of 4% from the third quarter of 2025. The lower sales largely reflects:

• lower global light vehicle production, including lower vehicle production in North America and China of 5% and 7%, respectively, partially offset by 3% higher vehicle production in Europe;
• the end of production of certain programs;
• the divestitures of our Lighting and Rooftop Systems businesses during 2026;
• net customer price concessions as compared to the prior year;
• lower engineering revenue, primarily in our Complete Vehicles segment; and
• the net weakening of foreign currencies against the U.S. dollar.

These factors were partially offset by:

• the launch of new programs during or subsequent to the third quarter of 2025; and
• net favourable commercial items.

Adjusted EBIT increased 11% to $683 million for the third quarter of 2026 compared to $613 million for the third quarter of 2025, primarily due to:

• net favourable commercial items;
• productivity and efficiency improvements, including the benefit of operational excellence initiatives and prior restructuring actions, net of customer price concessions; and
• recoveries for tariffs and lower tariff costs incurred.

These factors were partially offset by:

• reduced earnings on lower organic sales, and related product mix impacts;
• higher commodity costs, partially offset by higher scrap recoveries; and
• net transactional foreign exchange losses in the third quarter of 2026, compared to net transactional foreign exchange gains in the third quarter of 2025.

Income from operations before income taxes was $552 million in the third quarter of 2026, up $79 million or 17% compared to the third quarter of 2025. Income from operations before income taxes includes Other expense, net⁽²⁾ and Amortization of acquired intangible assets totaling $96 million and $75 million in the third quarters of 2026 and 2025, respectively. Excluding Other expense, net and Amortization of acquired intangible assets from both periods, income from operations before income taxes in the third quarter of 2026 increased $100 million or 18% compared to the third quarter of 2025, largely reflecting the increase in Adjusted EBIT and lower interest expense.

Net income attributable to Magna International Inc. was $383 million for the third quarter of 2026 compared to $305 million in the third quarter of 2025. Excluding Other expense, net, after tax and Amortization of acquired intangibles from both periods, net income attributable to Magna International Inc. was $486 million in the third quarter of 2026 compared to $375 million in the third quarter of 2025.

Diluted earnings per share were $1.44 in the third quarter of 2026, an increase of 33% from the comparable period. Adjusted EPS were $1.83, compared to $1.33 for the third quarter of last year, an increase of 38%. The increase in Adjusted EPS primarily reflects the impact of higher Adjusted EBIT, lower interest expense and effective tax rate, and a decrease in average diluted shares outstanding resulting from share repurchases over the past 12 months.

In the third quarter of 2026, we generated cash from operations of $950 million, and Free Cash Flow of $584 million.

_{⁽²⁾ Other expense, net is comprised of restructuring activities, loss on assets held for sale, impacts related to Fisker, and gain on investment during the three months ended September 30, 2026 & 2025. A reconciliation of these Non-GAAP financial measures is included in the back of this press release.}

NINE MONTHS ENDED SEPTEMBER 30, 2026

We posted sales of $31.4 billion for the nine months ended September 30, 2026, an increase of 1% compared to $31.2 billion for the nine months ended September 30, 2025. The higher sales largely reflects:

• the launch of new programs during or subsequent to the first nine months of 2025;
• the net strengthening of foreign currencies against the U.S. dollar, which increased reported U.S. dollar sales by $678 million; and
• net favourable commercial items.

These factors were partially offset by:

• the end of production of certain programs;
• lower global light vehicle production;
• lower complete vehicle assembly volumes with full-cost contractual arrangements;
• the divestitures of our Lighting and Rooftop Systems businesses during 2026;
• lower engineering revenue, primarily in our Complete Vehicles segment; and
• net customer price concessions subsequent to the first nine months of 2025.

Adjusted EBIT increased 24% to $1.9 billion for the nine months ended September 30, 2026 compared to $1.6 billion for the nine months ended September 30, 2025 primarily due to:

• productivity and efficiency improvements, including the benefit of operational excellence initiatives and prior restructuring actions, net of customer price concessions;
• net favourable commercial items;
• higher equity income, including favourable commercial items during the first nine months of 2026;
• recoveries for tariffs and lower tariff costs incurred;
• higher net transactional foreign exchange gains in the first nine months of 2026, compared to the first nine months of 2025;
• the net strengthening of foreign currencies against the U.S. dollar, which had a favourable impact on reported U.S. dollar Adjusted EBIT; and
• lower warranty costs.

These factors were partially offset by:

• higher commodity costs, partially offset by higher scrap recoveries;
• reduced earnings on lower organic sales;
• lower income on lower engineering revenue;
• higher employee profit sharing and incentive compensation; and
• higher professional fees.

During the nine months ended September 30, 2026, income from operations before income taxes was $1.2 billion, up $44 million or 4% over the prior year. Income from operations before income taxes includes Other expense, net⁽²⁾ and Amortization of acquired intangible assets totaling $571 million and $189 million in the first nine months of 2026 and 2025, respectively. Net income attributable to Magna International Inc. was $840 million in the nine months ended September 30, 2026, compared to $830 million in the prior year period. Excluding Other expense, net, after tax and Amortization of acquired intangibles from both periods, net income attributable to Magna International Inc. was $1.4 billion in the first nine months of 2026 compared to $1.0 billion in the prior year period.

Diluted earnings per share were $3.08 during the nine months ended September 30, 2026, compared to $2.94 in the comparable period. Adjusted diluted earnings per share were $5.06, compared to $3.55 for the nine months ended September 30, 2025. The increase in Adjusted EPS primarily reflects the impact of higher Adjusted EBIT, lower interest expense and effective tax rate, and a decrease in average diluted shares outstanding resulting from share repurchases over the past 12 months.

During the nine months ended September 30, 2026, we generated cash from operations of $2.6 billion. Free Cash Flow was $1.6 billion in the period, including balance sheet-related customer recoveries for contract adjustments associated with certain electric vehicle programs in North America.

RETURN OF CAPITAL TO SHAREHOLDERS

During the three and nine months ended September 30, 2026, we paid dividends of $129 million and $397 million, respectively. In addition, we repurchased 7.9 million shares for $529 million and 22.9 million shares for $1.434 billion, respectively, for the three and nine months ended September 30, 2026. There were 1.3 million remaining shares available for repurchase as of September 30, 2026, under our current Normal Course Issuer Bid (“NCIB”); the remaining shares were repurchased in October.

On October 29, our Board of Directors declared a third quarter dividend of $0.495 per Common Share. The dividend is payable on November 27, 2026, to shareholders of record as of the close of business on November 13, 2026.

OTHER MATTERS

Subject to the approval by the Toronto Stock Exchange, our Board of Directors approved a new NCIB to repurchase up to approximately 25.8 million of our Common Shares, representing 10% of our public float of Common Shares. This NCIB is expected to be effective on November 9, 2026 and will terminate no later than November 8, 2027.

SEGMENT SUMMARY

($Millions)	THREE MONTHS ENDED SEPTEMBER 30,
	Sales										Adjusted EBIT
		2026			2025		Change					2026			2025			Change
Body Exteriors & Structures	$	4,158		$	4,147		$	11			$	387		$	305		$	82
Power & Vision		3,773			3,854			(81	)			287			236			51
Seating Systems		1,247			1,520			(273	)			28			62			(34	)
Complete Vehicles		996			1,085			(89	)			33			29			4
Corporate and Other		(115	)		(144	)		29				(52	)		(19	)		(33	)
Total Reportable Segments	$	10,059		$	10,462		$	(403	)		$	683		$	613		$	70

		THREE MONTHS ENDED SEPTEMBER 30,
		Adjusted EBIT as a percentage of sales
		2026		2025		Change
Body Exteriors & Structures		9.3	%	7.4	%	1.9	%
Power & Vision		7.6	%	6.1	%	1.5	%
Seating Systems		2.2	%	4.1	%	(1.9	)%
Complete Vehicles		3.3	%	2.7	%	0.6	%
Consolidated Average		6.8	%	5.9	%	0.9	%

($Millions)	NINE MONTHS ENDED SEPTEMBER 30,
	Sales										Adjusted EBIT
		2026			2025			Change				2026			2025			Change
Body Exteriors & Structures	$	12,658		$	12,366		$	292			$	1,021		$	882		$	139
Power & Vision		11,747			11,357			390				784			522			262
Seating Systems		4,035			4,265			(230	)			104			74			30
Complete Vehicles		3,380			3,587			(207	)			102			101			1
Corporate and Other		(400	)		(413	)		13				(93	)		(29	)		(64	)
Total Reportable Segments	$	31,420		$	31,162		$	258			$	1,918		$	1,550		$	368

		NINE MONTHS ENDED SEPTEMBER 30,
		Adjusted EBIT as a percentage of sales
		2026		2025		Change
Body Exteriors & Structures		8.1	%	7.1	%	1.0	%
Power & Vision		6.7	%	4.6	%	2.1	%
Seating Systems		2.6	%	1.7	%	0.9	%
Complete Vehicles		3.0	%	2.8	%	0.2	%
Consolidated Average		6.1	%	5.0	%	1.1	%

For further details on our segment results, please see our Management’s Discussion and Analysis of Results of Operations and Financial Position and our Interim Financial Statements.

2026 OUTLOOK

The Company is updating its outlook for Full Year 2026. Compared to our previous Outlook (July 2026), Sales have been updated primarily to reflect lower expected vehicle production in China and the unfavourable impacts of program mix. Magna is also narrowing its Outlook for Adjusted EBIT margin, reaffirming the midpoint of its Outlook for Adjusted EPS, and increasing its Outlook for Free Cash Flow.

Updated 2026 Outlook:

			Current		Previous
Segment Sales
Body Exteriors & Structures Power & Vision Seating Systems Complete Vehicles			$16.7 – $16.9 billion $15.4 – $15.6 billion $5.2 – $5.4 billion $4.4 – $4.6 billion		$16.6 – $17.1 billion $15.4 – $15.7 billion $5.4 – $5.6 billion $4.3 – $4.5 billion
Total Sales			$41.2 – $42.0 billion		$41.3 – $42.5 billion
Adjusted EBIT Margin(3)			6.3% – 6.5%		6.3% – 6.6%
Adjusted EPS(4)			$6.85 – $7.15		$6.70 – $7.30
Free Cash Flow(5)			$1.85 – $1.90 billion		$1.75 – $1.85 billion
Macro Assumptions:
Light Vehicle Production (millions of units)
North America			15.0		15.0
Europe			16.8		16.8
China			30.4		31.2
Average Foreign exchange rates:
1 Canadian dollar equals			U.S. $0.719		U.S. $0.713
1 euro equals			U.S. $1.156		U.S. $1.153
Other Key Assumptions:
Capital Spending			Approx. $1.5 billion		$1.5 – $1.6 billion
Equity Income (included in EBIT)			Approx. $200 million		$190 – $210 million
Interest Expense, net			Approx. $150 million		Approx. $160 million
Income Tax Rate(6)			Approx. 22%		Approx. 23%
Weighted average diluted shares outstanding			Approx. 270 million		Approx. 270 million
Notes: (3) Adjusted EBIT Margin is the ratio of Adjusted EBIT to Total Sales. Refer to the reconciliation of Non-GAAP financial measures in the back of this press release for further information. (4) Adjusted EPS represents Adjusted Net Income attributable to Magna divided by the Diluted weighted average number of Common Shares outstanding during the period. (5) Refer to the reconciliation of Non-GAAP financial measures in the back of this press release for further information on Free Cash Flow. (6) The Income Tax Rate has been calculated using Adjusted EBIT and is based on current tax legislation.

Our full year Outlook for 2026 is provided annually, with quarterly updates, and is intended to provide information about management’s current expectations and plans and may not be appropriate for other purposes. Although considered reasonable by Magna as of the date of this document, the 2026 Outlook above and the underlying assumptions may prove to be inaccurate. Accordingly, our actual results could differ materially from our expectations as set forth herein. The risks identified in the “Forward-Looking Statements” section below represent the primary factors which we believe could cause actual results to differ materially from our expectations.

KEY DRIVERS OF OUR BUSINESS

Our business and operating results are dependent on light vehicle production by our customers in three key regions – North America, Europe, and China. While we supply systems and components to many OEMs globally, we do not supply systems and components for every vehicle, nor is the value of our content consistent from one vehicle to the next. As a result, customer and program mix relative to market trends, as well as the value of our content on specific vehicle production programs, are also important drivers of our results.

Ordinarily, OEM production volumes are aligned with vehicle sales levels and thus affected by changes in such levels. Aside from vehicle sales levels, production volumes are typically impacted by a range of factors, including: geopolitical factors, such as military conflicts and tariffs; supply chains, including disruption to supply of and/or increased costs of steel, aluminum, resin, and energy supplies, as well as semiconductor and memory (DRAM) chips; OEM, supplier or sub-supplier disruptions; relative currency values; commodity prices; labour disruptions, as well as the availability and relative cost of skilled labour; regulatory frameworks; and other factors.

Overall vehicle sales levels are significantly affected by changes in consumer confidence levels, which may in turn be impacted by consumer perceptions and general trends related to the job, housing, and stock markets, as well as other macroeconomic and political factors. Other factors which typically impact vehicle sales levels and thus production volumes include: vehicle affordability; interest rates and/or availability of credit; fuel and energy prices; relative currency values; and considerations applicable to EVs, including EV range, charging infrastructure, and electricity pricing.

NON-GAAP FINANCIAL MEASURES RECONCILIATION

In addition to the financial results reported in accordance with U.S. GAAP, this press release contains references to the Non-GAAP financial measures reconciled below. We believe the Non-GAAP financial measures used in this press release are useful to both management and investors in their analysis of the Company’s financial position and results of operations, and to improve comparability between fiscal periods. In particular, management believes that Adjusted EBIT and Adjusted diluted earnings per share are useful measures in assessing the Company’s financial performance by excluding certain items that are not indicative of the Company’s core operating performance. Management also believes that Free Cash Flow is a useful measure in assessing the Company’s ability to generate cash to maintain operations and repay its debt. The presentation of Non-GAAP financial measures should not be considered in isolation, or as a substitute for the Company’s related financial results prepared in accordance with U.S. GAAP.

The following table reconciles Net income to Adjusted EBIT:

Adjusted EBIT
			THREE MONTHS ENDED SEPTEMBER 30,								NINE MONTHS ENDED SEPTEMBER 30,
				2026				2025				2026				2025
Net income			$	400			$	333			$	878			$	880
Add:
Amortization of acquired intangible assets				17				27				53				82
Interest expense, net				35				65				109				167
Other expense, net				79				48				518				107
Income taxes				152				140				360				314
Adjusted EBIT			$	683			$	613			$	1,918			$	1,550
Adjusted EBIT as a percentage of sales (“Adjusted EBIT margin”)
			THREE MONTHS ENDED SEPTEMBER 30,								NINE MONTHS ENDED SEPTEMBER 30,
				2026				2025				2026				2025
Sales			$	10,059			$	10,462			$	31,420			$	31,162
Adjusted EBIT			$	683			$	613			$	1,918			$	1,550
Adjusted EBIT as a percentage of sales				6.8	%			5.9	%			6.1	%			5.0	%

NON-GAAP FINANCIAL MEASURES RECONCILIATION (CONTINUED)

Adjusted EPS
			THREE MONTHS ENDED SEPTEMBER 30,								NINE MONTHS ENDED SEPTEMBER 30,
				2026				2025				2026				2025
Net income attributable to Magna International Inc.			$	383			$	305			$	840			$	830
Add (deduct):
Amortization of acquired intangible assets				17				27				53				82
Tax effect on Amortization of acquired intangible assets				(1	)			(5	)			(4	)			(15	)
Other expense, net				79				48				518				107
Tax effect on Other expense, net				8				—				(27	)			(3	)
Adjusted net income attributable to Magna International Inc.			$	486			$	375			$	1,380			$	1,001
Diluted weighted average number of Common Shares
outstanding during the period (millions):				266.0				281.8				273.0				281.9
Adjusted EPS			$	1.83			$	1.33			$	5.06			$	3.55

The following table reconciles Cash provided from operating activities to Free Cash Flow:

Free Cash Flow
			THREE MONTHS ENDED SEPTEMBER 30,								NINE MONTHS ENDED SEPTEMBER 30,
				2026				2025				2026				2025
Cash provided from operating activities			$	950			$	912			$	2,581			$	1,616
(Deduct) add:
Fixed asset additions				(307	)			(267	)			(795	)			(781	)
Increase in investment, other assets, and intangible assets				(75	)			(100	)			(320	)			(342	)
Proceeds from disposition				16				27				107				67
Free Cash Flow			$	584			$	572			$	1,573			$	560

Certain of the forward-looking financial measures provided in our Outlook are provided on a Non-GAAP basis. We do not provide a reconciliation of such forward-looking measures to the most directly comparable financial measures calculated and presented in accordance with U.S. GAAP. To do so would be potentially misleading and not practical given the difficulty of projecting items that are not reflective of ongoing operations in any future period. The magnitude of these items, however, may be significant.

This press release, together with our Management’s Discussion and Analysis of Results of Operations and Financial Position and our Interim Financial Statements, are available in the Investor Relations section of our website at www.magna.com/company/investors and filed electronically through the System for Electronic Document Analysis and Retrieval + (SEDAR+) which can be accessed at www.sedarplus.ca as well as on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR), which can be accessed at www.sec.gov.

We will hold a conference call for interested analysts and shareholders to discuss our third quarter ended September 30, 2026 results on Friday, October 30, 2026 at 8:00 a.m. ET. The conference call will be chaired by Swamy Kotagiri, Chief Executive Officer. The number to use for this call from North America is 1-833-461-5787. International callers should use 1-585-542-9983. Please call in at least 10 minutes prior to the call start time. We will also webcast the conference call at www.magna.com. The slide presentation accompanying the conference call as well as our financial review summary will be available on our website Friday prior to the call.

INVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com │ 905.726.7035

MEDIA CONTACT
Tracy Fuerst, Vice-President, Corporate Communications & Media Relations
tracy.fuerst@magna.com │ 248.761.7004

TELECONFERENCE CONTACT
Nancy Hansford, Executive Assistant, Investor Relations
nancy.hansford@magna.com │ 905.726.7108

ABOUT MAGNA
Magna is one of the world’s largest automotive suppliers and a trusted partner to automakers in the industry’s most critical markets globally. With operations in 27 countries, we combine global scale with trusted reliability and proven execution. Backed by nearly seven decades of experience, we bring together deep manufacturing expertise with innovative vehicle systems to deliver performance, safety, and quality.

For further information about Magna (NYSE:MGA; TSX:MG), please visit www.magna.com or follow us on social. 

FORWARD-LOOKING STATEMENTS

Certain statements in this press release constitute “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”). Any such forward-looking statements are intended to provide information about management’s current expectations and plans and may not be appropriate for other purposes. Forward-looking statements may include financial and other projections, as well as statements regarding our future plans, strategic objectives or economic performance, or the assumptions underlying any of the foregoing, and other statements that are not recitations of historical fact. We use words such as “may”, “would”, “could”, “should”, “will”, “likely”, “expect”, “anticipate”, “assume”, “believe”, “intend”, “plan”, “aim”, “forecast”, “outlook”, “project”, “potential”, “estimate”, “target” and similar expressions suggesting future outcomes or events to identify forward-looking statements. The following table identifies the material forward-looking statements contained in this document, together with the material potential risks that we currently believe could cause actual results to differ materially from such forward-looking statements. Readers should also consider all of the risk factors which follow below the table:

Material Forward-Looking Statement	Material Potential Risks Related to Applicable Forward-Looking Statement
Light Vehicle Production	Light vehicle sales levels, including due to: – A decline in consumer confidence – Economic uncertainty – Elevated interest rates and availability of consumer credit – Deteriorating vehicle affordability Tariffs and/or other actions that erode free trade agreements Production deferrals, cancellations and volume reductions Production and supply disruptions Commodities prices Availability and relative cost of skilled labour
Total Sales Segment Sales	Same risks as for Light Vehicle Production above Alignment of our product mix with production demand Supply disruptions, including as a result of semiconductor and memory (DRAM) chip shortages Customer concentration Pace of EV adoption, including North American electric vehicle program deferrals, cancellations and volume reductions Shifts in market shares among OEMs, vehicles and/or vehicle segments Shifts in consumer “take rates” for products we sell Relative currency values
Adjusted EBIT Margin Adjusted Diluted EPS Free Cash Flow	Same risks as for Total Sales and Segment Sales above Execution of critical program launches Operational underperformance Product warranty/recall risks Production inefficiencies Unmitigated incremental tariff costs Restructuring costs and/or impairment charges Inflation Ability to secure cost recoveries Price concessions Commodity cost volatility Scrap steel price volatility
Equity Income	Same risks as Adjusted EBIT Margin above Risks related to conducting business through joint ventures Risks of doing business in foreign markets Legal and regulatory proceedings Changes in law
Share Repurchases Weighted Average Diluted Shares Outstanding	Same risks impacting Free Cash Flow above Ability to repurchase shares for cancellation, including due to normal course issuer bid rules, trading blackouts, and other factors

Forward-looking statements are based on information currently available to us and are based on assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances. While we believe we have a reasonable basis for making any such forward-looking statements, they are not a guarantee of future performance or outcomes. In addition to the factors in the table above, whether actual results and developments conform to our expectations and predictions is subject to a number of risks, assumptions, and uncertainties, many of which are beyond our control, and the effects of which can be difficult to predict, including, without limitation:

Macroeconomic, Geopolitical and Other Risks geopolitical crises and military conflicts; threats to free trade agreements; international trade disputes; planning and forecasting challenges; interest rates and availability of consumer credit; Risks Related to the Automotive Industry pace of EV adoption; North American EV program deferrals, cancellations and volume reductions; economic cyclicality; regional production volumes; deteriorating vehicle affordability; intense competition; Strategic Risks evolution of the vehicle; evolving business risk profile; technology and innovation; investments in mobility and technology companies; Customer-Related Risks customer concentration; market shifts; evolving OEM competitive landscape; dependence on outsourcing; consumer take rate shifts; nature of customer blanket purchase orders; potential OEM production-related disruptions; Supply Chain Risks supply chain disruptions; regional energy supply and pricing; financial condition of supply base; supplier claims; Manufacturing/Operational Risks product launch; operational underperformance; restructuring costs; impairments; skilled labour attraction/retention;

Pricing Risks quote/pricing assumptions; customer pricing pressure/contractual arrangements; commodity price volatility; scrap steel/aluminum price volatility; Warranty/Recall Risks repair/replacement costs; warranty provisions; product liability; IT Security/Cybersecurity Risks IT/cybersecurity breach; product cybersecurity breach; risks related to the use of artificial intelligence; Merger and Acquisition Risks inherent merger and acquisition risks; acquisition integration and synergies; Other Business Risks joint ventures; intellectual property; risks of doing business in foreign markets; tax risks; relative foreign exchange rates; returns on capital investments; financial flexibility; credit ratings changes; stock price fluctuation; Legal, Regulatory and Other Risks legal and regulatory proceedings; and changes in laws.

In evaluating forward-looking statements or forward-looking information, we caution readers not to place undue reliance on any forward-looking statement. Additionally, readers should specifically consider the various factors which could cause actual events or results to differ materially from those indicated by such forward-looking statements, including the risks, assumptions and uncertainties above which are:

• discussed under the “Industry Trends and Risks” heading of our Management’s Discussion and Analysis; and
• set out in our Annual Information Form filed with securities commissions in Canada, our annual report on Form 40-F filed with the United States Securities and Exchange Commission, and subsequent filings.

Readers should also consider discussion of our risk mitigation activities with respect to certain risk factors, which can be also found in our Annual Information Form. Additional information about Magna, including our Annual Information Form, is available through the System for Electronic Data Analysis and Retrieval + (SEDAR+) at www.sedarplus.ca, as well as on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR), which can be accessed at www.sec.gov.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ecb7b10-8df7-4f5b-82e1-0be931e594cf

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Additional information

Contact information:

• Gianandrea Roberti, Head of Financial Reporting, SVP, +45 20 18 82 67, gianandrea.roberti@tryg.dk 
• Robin Hjelgaard Løfgren, Head of Investor Relations, +45 41 86 25 88, robin.loefgren@tryg.dk

Attachment

• 41_Notification of major shareholdings

In accordance with section 30 of the Capital Markets Act, Tryg A/S (“Tryg”) hereby announces that BlackRock, Inc. has notified Tryg that BlackRock, Inc. holds shares and voting rights, in accordance with section 38 of the Capital Markets Act, and other financial instruments according to section 39(2)(1) of the Capital Markets Act and financial instruments with similar economic effect according to section 39(2)(2) of the Capital Markets Act, corresponding to more than 5% of the entire share capital and voting rights of Tryg. Please see further details in the attached notification form.

Additional information

Contact information:

• Gianandrea Roberti, Head of Financial Reporting, SVP, +45 20 18 82 67, gianandrea.roberti@tryg.dk 
• Robin Hjelgaard Løfgren, Head of Investor Relations, +45 41 86 25 88, robin.loefgren@tryg.dk

Attachment

• 41_Notification of major shareholdings

Luotea Plc
Stock exchange release
30 October 2026 at 10:30 a.m.

Luotea Oyj – Managers’ Transactions

____________________________________________

Person subject to the notification requirement

Name: Antti Niitynpää

Position: Chief Executive Officer

Issuer: Luotea Oyj

LEI: 743700Z9Z54VGHZA0028

Notification type: INITIAL NOTIFICATION

Reference number: 178244/6/6

____________________________________________

Transaction date: 2026-10-29

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI4000592464

Nature of transaction: ACQUISITION

Transaction details

(1): Volume: 5149 Unit price: 1.948 EUR

(2): Volume: 25 Unit price: 1.948 EUR

(3): Volume: 170 Unit price: 1.948 EUR

(4): Volume: 18 Unit price: 1.948 EUR

(5): Volume: 138 Unit price: 1.948 EUR

Aggregated transactions (5):

Volume: 5500 Volume weighted average price: 1.948 EUR

LUOTEA PLC

Heikki Eskola
General Counsel

Further information:
Heikki Eskola, +358 50 586 5907, heikki.eskola@luotea.com

Distribution:
Nasdaq Helsinki
Main media
www.luotea.com

Luotea is a pioneer in facility services, offering comprehensive lifecycle solutions for buildings. We combine energy efficiency with innovative thinking to maximise property value and ensure the best conditions for every user. Our services range from advanced property maintenance, building technology and consultancy to professional cleaning and support. We grow sustainably and profitably, mindful of our impact on buildings, the environment and society. Leading the way, we drive our industry forward and shape a better tomorrow. For us, success is measured in trust – the trust our people, clients and owners have in us.

Luotea operates in Finland and Sweden, with 2025 net sales EUR 346 million and a workforce of approximately 5,000. Luotea is publicly listed on Nasdaq Helsinki.

• This international award, honoring “the best of the best” in medical innovation, represents yet another important external recognition of AI-Immunology™

COPENHAGEN, Denmark, October 30, 2026 – Evaxion A/S (NASDAQ: EVAX) (“Evaxion”), a clinical-stage TechBio company developing novel immunotherapies with its pioneering AI-Immunology™ platform, is proud to have been awarded the 2026 International Prix Galien Award for AI-Immunology™ as best digital health solution. It is the first time the prestigious international award has been won by a Danish company.

Evaxion CEO Helen Tayton-Martin and founder and Chief AI Officer Andreas Holm Mattsson received the award last night at the American Museum of Natural History in New York City. It represents yet another important external recognition of AI-Immunology™, which harnesses the power of artificial intelligence to decode the human immune system and develop novel immunotherapies for cancer as well as infectious and autoimmune diseases.

AI-Immunology™ is Evaxion’s proprietary, clinically validated and scalable AI platform with which it conducts rapid, efficient and high-quality target discovery, drug design and development. Evaxion has discovered and designed several potential new drug candidates with AI-Immunology™, the furthest developed being its personalized cancer vaccine EVX-01. As recently as last week, three-year data from a phase 2 trial with EVX-01, reflecting durable clinical outcomes and immune system activation in advanced melanoma patients was presented at the European Society for Medical Oncology Congress in Madrid.

“The International Prix Galien Award is a tremendous recognition of our science and technology, which we are honored and delighted to receive. Having been refined, trained and enhanced for almost two decades, AI-Immunology™ is a leading and clinically validated platform for novel immune drug target discovery, especially in cancer vaccines. We are delighted by this distinction, which strongly endorses our approach in leveraging AI to develop new treatments,” says Helen Tayton-Martin.

The International Prix Galien Award is presented every two years with eligible nominees having received a national Prix Galien award within the last two years. Thus, it honors “the best of the best” within different categories of medical innovation. Worldwide, the Prix Galien is often regarded as the equivalent of the Nobel Prize in biopharmaceutical research.

Evaxion won the Prix Galien UK Award for Best digital health solution in June 2026 and the award for the Best Medical Technology/AI Advances in the Nordic and high-growth European and Middle Eastern countries in December 2025.

Founded in France 50 years ago by pharmacist Roland Mehl in honor of Galen, the father of medical science and modern pharmacology, the Prix Galien supports, recognizes and awards the efforts of scientists, researchers and companies committed to advancing medical innovation with the power to change the human condition.

Contact information
Evaxion A/S
Mads Kronborg
Vice President, Investor Relations & Communication
+45 53 54 82 96
mak@evaxion.ai

About Evaxion
Evaxion is a pioneering clinical-stage TechBio company based upon its proprietary, clinically validated and scalable AI platform, AI-Immunology™. The platform harnesses the power of artificial intelligence to decode the human immune system and develop novel immunotherapies for cancer as well as infectious and autoimmune diseases.

With AI-Immunology™ we conduct rapid, efficient and high-quality target discovery, drug design and development. Our team of +40 experts covers the entire value chain from target discovery to clinical development.

We have developed a pipeline of both personalized and off-the-shelf cancer vaccine candidates as well as prophylactic vaccine candidates for infectious diseases. All our candidates address high unmet medical needs, reflecting our commitment to transforming patients’ lives by providing innovative and targeted treatment options.

For more information about Evaxion, AI-Immunology™ and our pipeline, please visit our website. 

Forward-looking statement 
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “target,” “believe,” “expect,” “hope,” “aim,” “intend,” “may,” “might,” “anticipate,” “contemplate,” “continue,” “estimate,” “plan,” “potential,” “predict,” “project,” “will,” “can have,” “likely,” “should,” “would,” “could,” and other words and terms of similar meaning identify forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various factors, including, but not limited to, risks related to: our financial condition and need for additional capital; our development work; cost and success of our product development activities and preclinical and clinical trials; commercializing any approved pharmaceutical product developed using our AI platform technology, including the rate and degree of market acceptance of our product candidates; our dependence on third parties including for conduct of clinical testing and product manufacture; our inability to enter into partnerships; government regulation; protection of our intellectual property rights; employee matters and managing growth; our ADSs and ordinary shares, the impact of international economic, political, legal, compliance, social and business factors, including inflation, and the effects on our business from other significant geopolitical and macro-economic events; and other uncertainties affecting our business operations and financial condition. For a further discussion of these risks, please refer to the risk factors included in our most recent Annual Report on Form 20-F and other filings with the US Securities and Exchange Commission (SEC), which are available at www.sec.gov. We do not assume any obligation to update any forward-looking statements except as required by law. 

Med virkning fra den 30. oktober 2026 offentliggøres prospekt for Investeringsforeningen Nordea Invest.
Prospektet er opdateret med følgende ændringer for Virksomhedsobligationer Højrente KL 1:

• ændring af benchmark
• opdateret risikovurdering
• opdaterede oplysninger om forvalteren

Prospektet kan findes på https://www.nordeafunds.com/da/vores-fonde

Med venlig hilsen
Nordea Fund Management, filial af Nordea Funds Oy, Finland
Tim Galberg-Lund
Filialbestyrer

Jyske Bank A/S’ acquisition of FP Kapital A/S (Formuepleje) will be completed with effect from 2 November 2026.
                                  
Yours faithfully,                         
Jyske Bank

Contact: Birger Krøgh Nielsen, CFO, tel. +45 25 26 92 42.

Attachment

• Formuepleje becomes part of the Jyske Bank Group

The INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltics, has announced that its portfolio company, Galinta, one of the largest buckwheat producers in Europe and a major producer of cereal flakes in the Baltics, has signed an agreement to acquire 100% of the shares in the Estonian company Worldline. The company produces packaged rice, groats, and other cereal products under the ‘Baltix’ brand.

“With this acquisition, Galinta strengthens its position in Estonia and gains a well-established producer with a brand that is familiar to consumers. We also see tangible synergies in raw material procurement, production, and logistics,” says Aurimas Taraškevičius, CEO of Galinta.

‘Baltix’ is one of the top three brands in its category in the country, and its products are sold in all major Estonian retail chains.

In 2025, the Galinta Group’s revenue amounted to EUR 37.9 million. The acquisition will add approximately EUR 2.1 million in annual revenue to the Galinta Group.

The transaction is expected to be completed by the end of this year, subject to approval from the Estonian Competition Authority and the fulfilment of other customary closing conditions.

About the INVL Baltic Sea Growth Fund

With a fund size of EUR 165 million, the INVL Baltic Sea Growth Fund is one of the leading private equity funds in the Baltics. Its anchor investor is the European Investment Fund (EIF), which is a part of the European Investment Bank and committed EUR 30 million with the support of the European Fund for Strategic Investments (a key element of the Investment Plan for Europe, or the Junker Plan) while also allocating resources from the Baltic Innovation Fund (a “fund of funds” initiative developed in cooperation with the governments of Lithuania, Latvia and Estonia,  to increase capital investment in high-growth potential small and medium-sized enterprises in the Baltics).

The fund is managed by INVL Asset Management, the leading Baltic alternative asset manager, which is a part of the Invalda INVL Group with over 30 years of experience. The group’s companies manage or have under supervision EUR 2.3 billion in assets across various investment strategies, including private equity, forests and agricultural land, renewable energy, real estate, and private debt. Additionally, the group provides family office services in Lithuania, Latvia and Estonia, manages pension funds in Latvia, and invests in global third-party funds.

About Galinta

Galinta is one of the largest producers and traders of buckwheat, rice and other groats in the Baltic region, whose 100% of shares were acquired by INVL Baltic Sea Growth Fund in February 2024. Having started its operations in 1997 as a trader of grain grown by Lithuanian farmers, the company today supplies its products not only to Baltic consumers but also to customers in the United States, the United Kingdom and Scandinavia. During the fund’s management period, the company has been pursuing an active expansion strategy in the region — in 2025 it acquired Lithuanian buckwheat groats producer Ekofrisa, thereby strengthening its market position.

About Worldline

The company began its operations in 1997 by supplying grain products to various food industry manufacturers and packers. Six years later, having acquired packaging equipment, the company started packaging its own products as well. That same year, the well-known brand Baltix was introduced, which quickly gained consumer recognition.

Today the company supplies products both to the HoReCa sector and to food industry companies in Estonia and beyond, with its clients including not only local but also Finnish and Latvian retail chains. Its core business remains the import, export and packaging of grain products, while for those with a sweet tooth, the company additionally offers a variety of cupcakes, cookies and other treats.

Further information:
Deimantė Korsakaitė
the Executive Partner of the INVL Baltic Sea Growth Fund
deimante.korsakaite@invl.com 

Press release                                                                                                                Paris, October 30, 2026

Activity driven by all business lines

9M 2026 KEY FIGURES:

• Total premium income¹ at €44.4 billion, up +12.8%²
• Net inflows³ at +€15.0 billion of which +€3.2 billion in Q3

Nicolas Denis, Chief Executive Officer of Crédit Agricole Assurances, said:
“As a leading insurer, we are, with our teams, and those of our banking partners, fully mobilized to protect our customers and territories from the consequences of geopolitical, climate and societal risks that have reached unprecedented levels in recent months. In this demanding context, the strength of our results confirms our ability to fulfill our missions over the long term and for all our fellow citizens. The nearly 13% growth of our premium income, which reached €44.4 billion, reflects society’s need for protection and the confidence placed in us by our customers. Our contribution to the pre-tax income of Crédit Agricole S.A. group continues to grow by 2.1%, reaching €1.947 billion, despite high claims related to climate events. These strong results also confirm the soundness of our development and transformation strategy “Shape Tomorrow”, recently illustrated by the launch of Crédit Agricole Insurance Partners and the integration of Milleis Vie.
It enables us above all to be present in all circumstances alongside our customers, in their projects as well as in difficult times. Being strong to be useful: this is the essence of our model and our commitment.”

DOUBLE-DIGIT GROWTH ACROSS ALL BUSINESS LINES

Over the first nine months of the year, Crédit Agricole Assurances generated a total premium income¹ of €44.4 billion, up +12.8%² compared with the end of September 2025. The momentum is driven by all business lines.

In savings and retirement, premium income¹ reached €33.9 billion at the end of September 2026, up +13.6% year-on-year. Preferential profit-sharing offers (PAB) on euro payments that ended on September 30 stimulated gross inflows³. They amounted to €22.3 billion (+12.7%) on General Account and €11.6 billion on Unit-Linked products (+15.3%). As a result, the share of Unit-Linked within gross inflows stood at 34.2% (+0.5 point year on-year).

Net inflows³ amounted to +€15.0 billion, up +€3.0 billion year-on-year. Net inflows³ reached +€8.0 billion on the General Account (+€1.7 billion year-on-year) and +€7.0 billion on Unit-Linked (+€1.3 billion year-on-year).

Life insurance assets under management⁴ reached €395.8 billion at the end of September 2026 (+7.9% year-on-year) thanks to very strong net inflows³ and a favorable market and capitalization effect over the period. They included €270.5 billion on the General Account (+6.3% over one year) and €125.3 billion on Unit-Linked (+11.7% year-on-year). As a result, Unit-Linked reserves represented 31.6% of total life insurance outstandings at the end of September 2026, up +1.1 points compared to December 31, 2025.

In property and casualty⁵, activity continued its growth trajectory with premium income¹ up by +10.1% compared to the end of September 2025, reaching €5.9 billion, including PiùVera Assicurazioni which was not consolidated in Q3 2025. At constant scope, the increase was +7.9%. The portfolio amounted to 18.3 million contracts, growing +6.4% year-on-year (+2.6% at constant scope).

Equipment rates within the Crédit Agricole Group banks kept growing year-on-year, both in Regional Banks (45.3%⁶, up +0.7 point), LCL (29.1%⁶, up +0.5 point), and CA Italia (21.2%⁷, up +0.6 point).

In personal protection (death and disability / creditor / group insurance⁸), premium income¹ amounted to €4.6 billion, up +10.7% year-on-year, including PiùVera Assicurazioni and PiùVera Protezione which were not consolidated in Q3 2025. At constant scope, premium income growth was +6.4%. Creditor insurance grew by +8.6% (+2.2% at constant scope), both on consumer credit and mortgage credit. Individual death and disability grew by +11.0% (+9.2% at constant scope), while group insurance was dynamic at +20.0%.

In individual and group health⁹, premium income¹ kept growing at +14.8% year-on-year (+12.7% at constant scope).

RESULTS DRIVEN BY SAVINGS AND RETIREMENT BUSINESS AND IMPACTED BY CLIMATE EVENTS

The first nine months of the year were impacted by severe weather events: storms, droughts, hailstorms, wildfires. However, growth in savings and retirement and favorable liquidations on prior year claims in property and casualty insurance helped to absorb the impact of these climate events. Consequently, Crédit Agricole Assurances’ contribution to Crédit Agricole S.A. group’s pre-tax income amounted to €1,947 million, up +2.1% year-on-year. Crédit Agricole Assurances’ contribution to Crédit Agricole S.A.’s net income Group share declined by -1.2% year-on-year to €1,443 million, due to an unfavorable base effect on corporate income tax.

As a result of the climate events that occurred since the beginning of the year, the combined ratio¹⁰ increased by +1.8 points year-on-year to stand at 97.2%. The undiscounted net combined ratio increased by +2.5 points, at 100.1%.

The contractual service margin stood at €27.9 billion at end of September 2026, up +1.6% compared to the end of December 2025. It included a strong contribution from new business, exceeding the CSM release through P&L, that helped to offset the less favorable market conditions affecting the stock revaluation in the third quarter.

RATINGS

Rating agency	Date of the last decision	Main operating subsidiaries	Crédit Agricole Assurances S.A.	Outlook	Subordinated debt
					Tier 2	Restricted Tier 1
S&P Global Ratings	October 1, 2026	A+	A	Stable	BBB+	BBB

HIGHLIGHTS SINCE THE LAST PUBLICATION

• Crédit Agricole Assurances makes an initial investment of €100 million in a tokenized Amundi fund in collaboration with CACEIS
• Crédit Agricole Assurances makes Creditor and Death&Disability Insurance more accessible for people living with HIV
• Crédit Agricole Assurances has successfully priced 750 million euros of Tier 2 subordinated notes at a fixed annual interest rate of 5.125% under its EMTN programme
• Release of Crédit Agricole Assurances Investor Presentation – September 2026 (HY-26 figures)
• Crédit Agricole Assurances et Crédit Agricole Transition & Energy launch their new innovation challenge dedicated to risk prevention and sustainable reconstruction

About Crédit Agricole Assurances
Crédit Agricole Assurances, France’s leading insurer, is Crédit Agricole Group’s subsidiary, which brings together all the insurance businesses of Crédit Agricole S.A. Crédit Agricole Assurances offers a range of products and services in savings, retirement, health, personal protection and property insurance. They are distributed by Crédit Agricole’s banks in France and in 9 countries worldwide, and are aimed at individual, professional, agricultural and business customers. At the end of 2025, Crédit Agricole Assurances had more than 7,100 employees. Its 2025 premium income (non-GAAP) amounted to 52.4 billion euros.
www.ca-assurances.com/en/

Press contacts Géraldine Bailacq +33 (0)6 81 75 87 59 Nicolas Leviaux +33 (0)6 19 60 48 53 Julien Badé +33 (0)7 85 18 68 05 service.presse@ca-assurances.fr

Investors relations contacts Yael Beer-Gabel +33 (0)1 57 72 66 84 Gaël Hoyer +33 (0)1 57 72 62 22 Sophie Santourian +33 (0)1 57 72 43 42 Cécile Roy +33 (0)1 57 72 61 86 relations.investisseurs@ca-assurances.fr

---

1 « Non-GAAP » revenues
2 At constant scope, excluding the consolidation of PiùVera Assicurazioni and PiùVera Protezione (Italian 65%-owned subsidiaries, respectively active in property and personal protection, and personal protection insurance) on December 31, 2025, with retroactive effect at January 1, 2025, premium income growth would be +12.1%.
3 In local GAAP
4 Savings, Retirement and Protection (funeral)
5 As of September 30, 2026, PiùVera Assicurazioni property and casualty portfolio stood at 658k contracts, including net contribution of +25k contracts year-on-year.
6 Percentage of Regional Banks and LCL customers with at least one motor, home, health, legal, mobile/portable or personal accident insurance policy marketed by Pacifica, French Crédit Agricole Assurances’ non-life insurance subsidiary.
7 Percentage of CA Italia network customers with at least one policy marketed by CA Assicurazioni, Italian Crédit Agricole Assurances’ non-life insurance subsidiary
8 Excluding savings and retirement
9 Health revenue is split between property and casualty for the individual segment and group insurance for the collective segment.
10 See definition in chapter 8.4 “Alternative Performance Indicator (API)” of Crédit Agricole Assurances’ 2025 Universal Registration Document available on Investors – Crédit Agricole Assurances Institutional Website

Attachment

• Press release – CAA 9M 2026 results

Update on the Share Buyback Program and the Liquidity Agreement

Period from 22 October 2026 to 28 October 2026

Share Buyback Program
On 26 February 2026, Bekaert announced the start of the next tranche of its share buyback program, for a total maximum consideration of up to € 75 million. As announced previously, the purpose of the Program is to cancel all shares repurchased.

Bekaert announces today that during the period from 22 October 2026 to 28 October 2026, Kepler Cheuvreux SA on behalf of Bekaert has bought 36 361 shares.

The table below provides an overview of the transactions under the Program during the period from 22 October 2026 to 28 October 2026:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
22 October 2026	Euronext Brussels	4 411	40.74	40.95	40.30	179 704
	MTF CBOE	3 450	40.74	41.00	40.30	140 553
	MTF Turquoise
	MTF Aquis
23 October 2026	Euronext Brussels	4 052	40.44	41.00	39.95	163 863
	MTF CBOE	2 948	40.44	41.00	40.00	119 217
	MTF Turquoise
	MTF Aquis
26 October 2026	Euronext Brussels	3 964	40.47	40.60	40.25	160 423
	MTF CBOE	3 036	40.47	40.55	40.25	122 867
	MTF Turquoise
	MTF Aquis
27 October 2026	Euronext Brussels	4 799	40.56	40.80	40.00	194 647
	MTF CBOE	2 201	40.43	40.80	40.10	88 986
	MTF Turquoise
	MTF Aquis
28 October 2026	Euronext Brussels	5 294	40.29	40.65	39.95	213 295
	MTF CBOE	2 206	40.29	40.65	39.95	88 880
	MTF Turquoise
	MTF Aquis
Total		36 361	40.49	41.00	39.95	1 472 435

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 3 200 shares during the period from 22 October 2026 to 28 October 2026 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 2 200 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 22 October 2026 to 28 October 2026:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
22 October 2026	1 000	40.60	40.80	40.40	40 600
23 October 2026	800	40.30	40.60	40.00	32 240
26 October 2026	0	0.00	0.00	0.00	0
27 October 2026	400	40.10	40.10	40.10	16 040
28 October 2026	1 000	40.29	40.55	40.00	40 290
Total	3 200				129 170

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
22 October 2026	200	41.00	41.00	41.00	8 200
23 October 2026	600	40.87	41.20	40.60	24 522
26 October 2026	400	40.50	40.60	40.40	16 200
27 October 2026	800	40.58	40.80	40.40	32 464
28 October 2026	200	40.75	40.75	40.75	8 150
Total	2 200				89 536

The balance held by Bekaert under the liquidity agreement at the end of the period is 24 471 shares.

On 28 October 2026 after closing of the market, Bekaert holds 1 832 461 own shares, or 3.71% of the total number of the outstanding shares.

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

Attachment

• p261030E – Bekaert – Update on the Share Buyback Program and the Liquidity Agreement