Press release

Notification share buy-back

Sant'Agata Feltria (Rimini), 20 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 16th January 2023 to 20th January 2023 both total n. 1,033 of treasury shares (corresponding to 0.018% of the total number of ordinary shares), at a weight average price of Euro 25.1222 for a total counter-value of Euro 25,951.20.

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

01/16/2023

100

25.2000

2,520.00

01/17/2023

300

25.3413

7,602.40

01/18/2023

400

25.0500

10,020.00

01/19/2023

233

24.9305

5,808.80

TOTAL

1,033

25.1222

25,951.20

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, press release of January 06, 2022 and press release of January 13, 2023.

* * *

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

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 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

POLYTEMS HIR

FAST-COM

Controller & IR

IR e Comunicazione Finanziaria

Media Relations

Elisabetta Benazzi

Bianca Fersini Mastelloni

Paolo Santagostino

+39 0541 848 784

+39 06.69923324; +39 336742488

+39 349 3856585

elisabetta.benazzi@indelb.com

b.fersini@polytemshir.it

paolo.santagostino@fast-com.it

2

Attached

Fill ID

Fill Date

3B4niMe1b

16/01/2023

3B4niMe1W

16/01/2023

3B4niMe1V

16/01/2023

3BFgo9ucB

17/01/2023

3BFgo9ucA

17/01/2023

3BFgo9uc9

17/01/2023

3BFgo9qNU

17/01/2023

3BFgo9qNT

17/01/2023

3BQZtxGNN

18/01/2023

3BQZtxFjh

18/01/2023

3BQZtxFjg

18/01/2023

3BQZtxFjf

18/01/2023

3BQZtxAVd

18/01/2023

3BbSzkYi5

19/01/2023

3BbSzkYi4

19/01/2023

3BbSzkYi3

19/01/2023

3BbSzkX1s

19/01/2023

Fill Time

17:25:19

17:25:15

17:25:15

17:00:03

17:00:03

17:00:03

15:05:45

15:05:43

16:49:41

16:35:32

16:35:32

16:35:32

14:34:16

17:25:53

17:25:53

17:25:53

16:49:04

B/S

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Buy

Country

Market

Security Ref.

Fill Price

Fill Qty

IT.ico

MTA

INDB

25,20

4

IT.ico

MTA

INDB

25,20

19

IT.ico

MTA

INDB

25,20

77

IT.ico

MTA

INDB

25,60

12

IT.ico

MTA

INDB

25,60

19

IT.ico

MTA

INDB

25,60

75

IT.ico

MTA

INDB

25,20

58

IT.ico

MTA

INDB

25,20

136

IT.ico

MTA

INDB

24,90

94

IT.ico

MTA

INDB

24,90

16

IT.ico

MTA

INDB

24,90

60

IT.ico

MTA

INDB

24,90

30

IT.ico

MTA

INDB

25,20

200

IT.ico

MTA

INDB

25,00

127

IT.ico

MTA

INDB

25,00

44

IT.ico

MTA

INDB

24,90

12

IT.ico

MTA

INDB

24,70

50

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 20 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2023 18:40:02 UTC.