Press release

Notification share buy-back

Sant'Agata Feltria (Rimini), 13 January 2023 - Indel B S.p.A. - a company listed on the Borsa Italiana EXM and parent of a group that operates in the manufacture of cooling systems and air-conditioning for mobile and mobile living for the automotive, hospitality and leisure time markets (pleasure boats and recreational vehicles) - under the buyback program of treasury shares resolved by the Ordinary Shareholders' Meeting of May 27, 2022 and initiated following the resolution of the Board of Directors on June 21, 2022 up to n. 100,000 ordinary shares - according to the provision and for the purpose of Article 5 of Regulation (EU) 596/2014 and Article 2, paragraph 3, of the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 - announces to have acquired on the on the Euronext Milan (EXM), organized and managed by Borsa Italiana S.p.A., in the period from 09th January 2023 to 13th January 2023 both total n. 278 of treasury shares (corresponding to 0.005% of the total number of ordinary shares), at a weight average price of Euro 24.8590 for a total counter-value of Euro 6,910.80.

On the basis of information provided by Banca IMI, the authorized intermediary in charge of carrying out the buyback transactions described in this present press release, here below is a summary of the daily transactions, in aggregate form:

DATE

NUMBER ORDINARY

AVERAGE PRICE (EUR)

TOTAL AMOUNT (EUR)

SHARES PURCHASED

01/09/2023

232

24.9103

5,779.20

01/10/2023

46

24.6000

1,131.60

TOTAL

278

24.8590

6,910.80

Detailed and daily information about the buyback transactions carried out in the above-mentioned period is attached to this press release.

Further to the buyback transactions above, the treasury shares held by the Company amount to n. 198,384.

Related press release: press release of September 02, 2022, press release of September 09, 2022, press release of September 19, 2022, press release of September 23, 2022, press release of September 30, 2022, press release of October 07, 2022, press release of October 14, 2022, press release of October 21, 2022, press release of October 28, 2022, press release of November 04, 2022, press release of November 11, 2022, press release of November 18, 2022, press release of November 25, 2022, press release of December 02, 2022, press release of December 09, 2022, press release of December 16, 2022, press release of December 23, 2022, press release of December 30, 2022 and press release of January 06, 2022.

* * *

This press release is available to the public at the Company's registered office, at Borsa Italiana, on the storage mechanism authorised by Consob "1info" (www.1info.it) and in the specific sections of the website www.indelbgroup.com.

Indel B Spa - Registered, administrative and commercial offices via Sarsinate, 27 - 47866 Sant'Agata Feltria (RN) Italy

Tel. +39 0541 848711 - Fax +39 0541 848741 - info@indelb.com- www.indelbgroup.com

Share capital Euro 5,842,000 fully paid-in - Economic and Administrative Index (REA) RN - 312757 - Companies House - VAT no./tax

code 02037650419 - Code of International Standard Organization IT02037650419

* * *

Indel B S.p.A. is a company listed on the EXM segment of the Italian stock exchange and is controlled by AMP.FIN S.r.l., in turn held entirely by the Berloni family. Indel B S.p.A. heads an important Group that operates worldwide and has been active for the last 50 years in the mobile cooling sector applicable to the Automotive, Leisure time and Hospitality cooling segments. The Group also operates in mobile climate control, with specific reference to the Automotive market, represented by commercial vehicles, minibuses, ambulances, agricultural and earth-moving machinery, and in the Cooling Appliances sector, which mainly comprises cellars for storing wine and small refrigerators for storing milk. The company has a market cap of approximately Euro 146 million.

Contact details

INDEL B Controller & IR Elisabetta Benazzi +39 0541 848 784 elisabetta.benazzi@indelb.com

POLYTEMS HIR

IR e Comunicazione Finanziaria Bianca Fersini Mastelloni

+39 06.69923324; +39 336742488 b.fersini@polytemshir.it

FAST-COM Media Relations Paolo Santagostino +39 349 3856585 paolo.santagostino@fast-com.it

2

Attached

Fill ID

Fill Date

39qa3nggN

09/01/2023

39qa3nggM

09/01/2023

39qa3nT4K

09/01/2023

39qa3nPZe

09/01/2023

39qa3nPZc

09/01/2023

39qa3nPZK

09/01/2023

3A1T9aw1e

10/01/2023

Fill Time

17:29:16

17:29:16

11:19:02

09:43:23

09:43:21

09:43:01

17:35:53

B/S

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Country

Market

Security Ref.

Fill Price

Fill Qty

IT.ico

MTA

INDB

24,90

27

IT.ico

MTA

INDB

24,90

62

IT.ico

MTA

INDB

24,90

125

IT.ico

MTA

INDB

24,90

6

IT.ico

MTA

INDB

25,10

6

IT.ico

MTA

INDB

25,10

6

IT.ico

MTA

INDB

24,60

46

Indel B Spa - Registered, administrative and commercial offices via Sarsinate, 27 - 47866 Sant'Agata Feltria (RN) Italy

Tel. +39 0541 848711 - Fax +39 0541 848741 - info@indelb.com- www.indelbgroup.com

Share capital Euro 5,842,000 fully paid-in - Economic and Administrative Index (REA) RN - 312757 - Companies House - VAT no./tax

code 02037650419 - Code of International Standard Organization IT02037650419

Attachments

Disclaimer

Indel B S.p.A. published this content on 13 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2023 17:29:05 UTC.