Indel B S p A : Buy back

Press release

Notification share buy-back

Sant'Agata Feltria (Rimini), 08 September 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-conditioningfor 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 02nd September to 08th September 2021, total n. 1,800 of treasury shares (corresponding to 0.031% of the total number of ordinary shares), at a weight average price of Euro 25.8444 for a total counter-valueof Euro 46,520.00.

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
09/02/2021	400	25.8000	10,320.00
09/03/2021	500	25.9000	12,950.00
09/06/2021	200	25.9000	5,180.00
09/07/2021	100	25.9000	2,590.00
09/08/2021	600	25.8000	15,480.00
TOTAL	1,800	25.8444	46,520.00

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. 148,674.

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, press release of August 11, 2021, press release of August 18, 2021, press release of August 25, 2021, and press release of September 01, 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
1l59l4irp	02/09/2021	17:35:57.650.961	Buy	IT.ico	MTA	INDB	25,80	199
1l59l4irq	02/09/2021	17:35:57.650.961	Buy	IT.ico	MTA	INDB	25,80	1
1l59l4it9	02/09/2021	17:37:02.578.034	Buy	IT.ico	MTA	INDB	25,80	200
1lG2qrxmX	03/09/2021	17:35:44.684.575	Buy	IT.ico	MTA	INDB	25,90	185
1lG2qrxmY	03/09/2021	17:35:44.684.575	Buy	IT.ico	MTA	INDB	25,90	33
1lG2qrxmZ	03/09/2021	17:35:44.684.575	Buy	IT.ico	MTA	INDB	25,90	162
1lG2qrxma	03/09/2021	17:35:44.684.575	Buy	IT.ico	MTA	INDB	25,90	120
1lmi8Foxa	06/09/2021	17:21:28.760.860	Buy	IT.ico	MTA	INDB	25,90	100
1lmi8FpuU	06/09/2021	17:35:12.472.253	Buy	IT.ico	MTA	INDB	25,90	5
1lmi8FpuV	06/09/2021	17:35:12.472.253	Buy	IT.ico	MTA	INDB	25,90	95
1lxbE38sg	07/09/2021	17:35:50.355.366	Buy	IT.ico	MTA	INDB	25,90	79
1lxbE38si	07/09/2021	17:35:50.355.366	Buy	IT.ico	MTA	INDB	25,90	21
1m8UJqF3Y	08/09/2021	11:51:53.941.507	Buy	IT.ico	MTA	INDB	25,80	600

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