Press release

Notification share buy-back

Sant'Agata Feltria (Rimini), 03 July 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 announced to the market on June 16, 2023, and launched on June 21, 2023 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 27th June 2023 to 03rd July 2023 both total n. 436 of treasury shares (corresponding to 0.007% of the total number of ordinary shares), at a weight average price of Euro 23.0229 for a total counter-value of Euro 10,038.00.

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

06/28/2023

140

23.0000

3,220.00

06/30/2023

146

23.0685

3,368.00

07/03/2023

150

23.0000

3,450.00

TOTAL

436

23.0229

10,038.00

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. 200,504.

Related press release: press release of June 16, 2023 and press release of June 26, 2023.

* * *

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 134 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

1ZOSHR3TG

28/06/2023

1ZOSHS2PA

30/06/2023

1ZOSHRQTZ

30/06/2023

1ZOSHSHMN

03/07/2023

1ZOSHSARE

03/07/2023

Fill Time

15:51:48

17:17:09

10:37:50

17:24:09

12:35:12

B/S

Buy

Buy Buy

Buy Buy

Country

Market

Security Ref.

Fill Price

Fill Qty

IT.ico

MTA

INDB

23,00

140

IT.ico

MTA

INDB

23,00

46

IT.ico

MTA

INDB

23,10

100

IT.ico

MTA

INDB

23,00

100

IT.ico

MTA

INDB

23,00

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 03 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 July 2023 17:06:06 UTC.