Indel B S p A : Buy back

Press release

Notification share buy-back

Sant'Agata Feltria (Rimini), 18 August 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 May 21, 2021 and approved by the Board of Directors on June 18, 2021 up to n. 125,000 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 Mercato Telematico Azionario (MTA) organized and managed by Borsa Italiana S.p.A., in the period from 12th August to 18th August 2021, total n. 1,679 of treasury shares (corresponding to 0.029% of the total number of ordinary shares), at a weight average price of Euro 25.2865 for a total counter-value of Euro 42,456.10.

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	AVERAGE PRICE (EUR)	TOTAL AMOUNT (EUR)
SHARES PURCHASED
08/12/2021	400	25.3500	10,140.00
08/13/2021	550	24.7967	13,638.20
08/16/2021	400	25.5500	10,220.00
08/17/2021	329	25.7079	8,457.90
TOTAL	1,679	25.2865	42,456.10

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. 142,095.

Related press release: press release of May 21, 2021, press release of June 28, 2021, press release of July 05, 2021, press release of July 14, 2021, press release of July 21, 2021, press release of July 28, 2021, press release of August 04, 2021 and press release of August 11, 2021.

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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.

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

Tel. [phone] - Fax [phone] - [e-mail]- 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 150 million.

Contact details

INDEL B	POLYTEMS HIR	FAST-COM
Controller & IR	IR e Comunicazione Finanziaria	Media Relations
Elisabetta Benazzi	Bianca Fersini Mastelloni	Paolo Santagostino
[phone]	+39 06.69923324; [phone]	[phone]
[e-mail]	[e-mail]	[e-mail]

2

Attached

Fill ID	Fill Date	Fill Time	B/S	Country	Market	Security Ref.	Fill Price	Fill Qty
1hOUnNMzd	12/08/2021	13:05:14.594.339	Buy	IT.ico	MTA	INDB	25,40	200
1hOUnNUMl	12/08/2021	16:50:57.989.245	Buy	IT.ico	MTA	INDB	25,30	200
1hZNtAcar	13/08/2021	11:50:33.443.137	Buy	IT.ico	MTA	INDB	24,80	200
1hZNtAjF4	13/08/2021	15:48:59.166.141	Buy	IT.ico	MTA	INDB	24,80	200
1hZNtAnDZ	13/08/2021	17:15:10.545.107	Buy	IT.ico	MTA	INDB	24,70	18
1hZNtAnPD	13/08/2021	17:17:52.527.616	Buy	IT.ico	MTA	INDB	24,80	132
1i63AYSwy	16/08/2021	11:03:34.407.454	Buy	IT.ico	MTA	INDB	25,30	200
1i63AYefK	16/08/2021	17:25:01.118.314	Buy	IT.ico	MTA	INDB	25,80	150
1i63AYefL	16/08/2021	17:25:01.118.314	Buy	IT.ico	MTA	INDB	25,80	50
1iGwGLkN7	17/08/2021	10:25:36.870.602	Buy	IT.ico	MTA	INDB	25,60	5
1iGwGLmuD	17/08/2021	11:53:55.683.564	Buy	IT.ico	MTA	INDB	25,60	100
1iGwGLnR6	17/08/2021	12:12:03.123.980	Buy	IT.ico	MTA	INDB	25,60	12
1iGwGLqx9	17/08/2021	14:43:40.303.178	Buy	IT.ico	MTA	INDB	25,80	143
1iGwGLt2a	17/08/2021	15:45:41.153.447	Buy	IT.ico	MTA	INDB	25,70	2
1iGwGLvJt	17/08/2021	16:43:04.953.120	Buy	IT.ico	MTA	INDB	25,70	67

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

Tel. [phone] - Fax [phone] - [e-mail]- 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