Press release

Notification share buy-back

Sant'Agata Feltria (Rimini), 29 March 2021 - Indel B S.p.A. - a company listed on the Borsa Italiana MTA 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 announced to the market on June 4, 2020, and launched on July 6, 2020 up to n. 200,000 ordinary shares, announces - 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 - to have acquired on the Mercato Telematico Azionario (MTA) organized and managed by Borsa Italiana S.p.A., in the period from 23rd March to 29th March 2021, total n. 1,497 of treasury shares (corresponding to 0.026% of the total number of ordinary shares), at a weight average price of Euro 24.9453 for a total counter-value of Euro 37,343.10.

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 SHARES

PURCHASED

AVERAGE PRICE

(EUR)

TOTAL AMOUNT

(EUR)

03/23/2021

350

25.0000

8,750.00

03/24/2021

260

25.0000

6,500.00

03/25/2021

250

24.9900

6,247.50

03/26/2021

300

24.7753

7,432.60

03/29/2021

337

24.9644

8,413.00

TOTAL

1,497

24.9453

37,343.10

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. 129.000.

Related press release: press release of June 4, 2020, press release of March 8, 2021, press release of March 15, 2021 and press release of March 22, 2021.

** *

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 websitewww.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 MTA 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 144 million.

Contact details

INDEL B CFO & IR

Mirco Manganello +39 0541 848 711mirco.manganello@indelb.com

POLYTEMS HIR

IR and Financial Disclosures Bianca Fersini Mastelloni +39 06.69923324; +39 336742488b.fersini@polytemshir.it

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

2

Attached

Fill ID

Fill Date

Fill Time

1ISleTVk2

23/03/2021

10:52:38.076.543

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTVk3

23/03/2021

10:52:38.208.112

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTVk4

23/03/2021

10:52:38.358.855

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTVk5

23/03/2021

10:52:38.469.753

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTVk6

23/03/2021

10:52:38.672.858

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTWPi

23/03/2021

11:11:25.818.272

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTXcQ

23/03/2021

11:45:43.405.853

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTYyN

23/03/2021

12:27:37.309.230

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTaVH

23/03/2021

13:21:19.337.643

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTbqt

23/03/2021

14:09:47.692.419

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTdFb

23/03/2021

14:48:23.098.073

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTeb1

23/03/2021

15:20:25.747.129

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTfya

23/03/2021

15:47:50.448.493

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTh1E

23/03/2021

16:11:48.187.682

Buy

IT.ico

MTA

INDB

25,00

20

1ISleThyP

23/03/2021

16:33:02.817.496

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTiwn

23/03/2021

16:53:51.999.361

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTk6c

23/03/2021

17:14:37.787.305

Buy

IT.ico

MTA

INDB

25,00

20

1ISleTkra

23/03/2021

17:25:01.080.670

Buy

IT.ico

MTA

INDB

25,00

10

1IdekGmfF

24/03/2021

10:14:48.092.142

Buy

IT.ico

MTA

INDB

25,00

20

1IdekGmfG

24/03/2021

10:14:48.211.213

Buy

IT.ico

MTA

INDB

25,00

20

1IdekGmfH

24/03/2021

10:14:48.465.763

Buy

IT.ico

MTA

INDB

25,00

20

1IdekGnET

24/03/2021

10:25:46.308.138

Buy

IT.ico

MTA

INDB

25,00

20

1IdekGoVO

24/03/2021

10:54:39.360.089

Buy

IT.ico

MTA

INDB

25,00

20

1IdekGu45

24/03/2021

14:14:24.310.032

Buy

IT.ico

MTA

INDB

25,00

20

1IdekGu46

24/03/2021

14:14:24.423.405

Buy

IT.ico

MTA

INDB

25,00

20

1IdekGu47

24/03/2021

14:14:24.535.036

Buy

IT.ico

MTA

INDB

25,00

20

1IdekGwbl

24/03/2021

15:25:53.136.645

Buy

IT.ico

MTA

INDB

25,00

20

1IdekGwbm

24/03/2021

15:25:53.294.032

Buy

IT.ico

MTA

INDB

25,00

20

1IdekGwbp

24/03/2021

15:25:53.421.672

Buy

IT.ico

MTA

INDB

25,00

20

1IdekGxbq

24/03/2021

15:48:50.228.223

Buy

IT.ico

MTA

INDB

25,00

20

1IdekGylI

24/03/2021

16:14:35.876.504

Buy

IT.ico

MTA

INDB

25,00

20

1IoXq4ERz

25/03/2021

15:23:40.712.841

Buy

IT.ico

MTA

INDB

25,00

25

1IoXq4ES9

25/03/2021

15:23:40.836.114

Buy

IT.ico

MTA

INDB

25,00

25

1IoXq4ESA

25/03/2021

15:23:41.060.197

Buy

IT.ico

MTA

INDB

25,00

25

1IoXq4ESB

25/03/2021

15:23:41.178.439

Buy

IT.ico

MTA

INDB

25,00

25

1IoXq4ESC

25/03/2021

15:23:41.294.112

Buy

IT.ico

MTA

INDB

25,00

25

1IoXq4Ewt

25/03/2021

15:38:26.120.626

Buy

IT.ico

MTA

INDB

25,00

25

1IoXq4Fir

25/03/2021

15:59:35.736.332

Buy

IT.ico

MTA

INDB

25,00

25

1IoXq4GRQ

25/03/2021

16:18:37.547.866

Buy

IT.ico

MTA

INDB

25,00

25

1IoXq4H9u

25/03/2021

16:36:07.020.579

Buy

IT.ico

MTA

INDB

25,00

25

1IoXq4Ht5

25/03/2021

16:53:26.408.502

Buy

IT.ico

MTA

INDB

24,90

25

B/S Country Market Security Ref. Fill Price Fill Qty

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

1IzQvrKNq

26/03/2021

09:39:52.362.471

Buy

IT.ico

MTA

INDB

24,90

20

1IzQvrOTj

26/03/2021

11:30:21.873.767

Buy

IT.ico

MTA

INDB

24,70

20

1IzQvrQqy

26/03/2021

12:59:46.287.166

Buy

IT.ico

MTA

INDB

24,60

37

1IzQvrVZa

26/03/2021

15:46:18.517.092

Buy

IT.ico

MTA

INDB

24,80

20

1IzQvrWpk

26/03/2021

16:17:46.267.136

Buy

IT.ico

MTA

INDB

24,80

50

1IzQvrXeI

26/03/2021

16:42:40.598.809

Buy

IT.ico

MTA

INDB

24,80

20

1IzQvrZ1o

26/03/2021

17:12:43.661.440

Buy

IT.ico

MTA

INDB

24,80

20

1IzQvrZFX

26/03/2021

17:17:09.715.396

Buy

IT.ico

MTA

INDB

24,80

113

1JVe5Fh0W

29/03/2021

09:00:42.487.649

Buy

IT.ico

MTA

INDB

24,50

20

1JVe5Fmig

29/03/2021

11:28:09.315.912

Buy

IT.ico

MTA

INDB

25,00

20

1JVe5Fmih

29/03/2021

11:28:09.444.560

Buy

IT.ico

MTA

INDB

25,00

20

1JVe5Fmii

29/03/2021

11:28:09.559.508

Buy

IT.ico

MTA

INDB

25,00

20

1JVe5Fmij

29/03/2021

11:28:09.765.950

Buy

IT.ico

MTA

INDB

25,00

20

1JVe5FnKn

29/03/2021

11:47:24.800.647

Buy

IT.ico

MTA

INDB

25,00

20

1JVe5FocF

29/03/2021

12:31:58.581.041

Buy

IT.ico

MTA

INDB

24,90

20

1JVe5Fs4h

29/03/2021

14:51:39.682.371

Buy

IT.ico

MTA

INDB

25,00

20

1JVe5Fs4i

29/03/2021

14:51:39.889.596

Buy

IT.ico

MTA

INDB

25,00

20

1JVe5FsDo

29/03/2021

14:56:20.445.870

Buy

IT.ico

MTA

INDB

25,00

20

1JVe5FtCy

29/03/2021

15:28:30.945.626

Buy

IT.ico

MTA

INDB

25,00

20

1JVe5FuHS

29/03/2021

15:56:00.998.163

Buy

IT.ico

MTA

INDB

25,00

20

1JVe5FvQo

29/03/2021

16:25:20.134.818

Buy

IT.ico

MTA

INDB

25,00

20

1JVe5Fw0r

29/03/2021

16:41:36.733.333

Buy

IT.ico

MTA

INDB

25,00

20

1JVe5FwUn

29/03/2021

16:52:41.792.588

Buy

IT.ico

MTA

INDB

25,00

57

4

Attachments

Disclaimer

Indel B S.p.A. published this content on 29 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2021 16:01:00 UTC.