Carel Industries

Declaration of Voting Results & Voting Rights Announcements • Sep 4, 2023

Informazione Regolamentata n. 2092-76-2023		Data/Ora Inizio Diffusione 04 Settembre 2023 17:53:21	Euronext Star Milan
Societa'	:	CAREL INDUSTRIES
Identificativo Informazione Regolamentata	:	180757
Nome utilizzatore	:	CARELINDUSN03 - Grosso
Tipologia	:	2.5
Data/Ora Ricezione	:	04 Settembre 2023 17:53:17
Data/Ora Inizio Diffusione	:	04 Settembre 2023 17:53:21
Oggetto	:	CAREL - Communication on the total amount of voting rights ex art. 85bis
Testo del comunicato

Vedi allegato.

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Press Release

COMMUNICATION OF THE AGGREGATE AMOUNT OF VOTING RIGHTS

pursuant to art. 85-bis, par. 4-bis of the Issuers' Regulation, to art. 2.6.2, par. 1, lett. a) of the Borsa Italiana S.p.A. Regulation and to art. IA 2.3.4 of the Instructions relating to the Borsa Italiana S.p.A. Regulation)

Brugine (PD), 4 September 2023 – CAREL Industries S.p.A. ("CAREL" or the "Issuer") announces the change in the total amount of voting rights due to the request, on the 8th of August 2023, for cancellation from the list of increased voting rights for a total of no. 4,932,595 shares of CAREL with increased voting rights owned by 7 Industries Holding B.V., according to Article 127quinquies of Legislative Decree 98/1998 ("TUF") and the provisions of Article 13 of the Company's by-laws and the regulations for the increased voting of the Issuer's ordinary shares.

It should be noted that the Issuer's share capital is equal to Euro 10,000,000 and consists of no. 100,000,000 ordinary shares with no indication of par value.

The following table shows the data relating to the shares representing the current Issuer's share capital and the number of voting rights exercisable at Shareholders' meeting, compared with the previous situation.

	Current situation		Previous situation
	Number of shares that make up the Share Capital	Number of voting rights	Number of shares that make up the Share Capital	Number of voting rights
Total, of which:	100,000,000	156,167,440	100,000,000	161,100,035
Ordinary shares without increased voting right (ISIN: IT0005331019)	43,832,560	43,832,560	38,899,965	38,899,965
Ordinary shares with increased voting right (ISIN: IT0005331886)	56,167,440	112,334,880	61,100,035	122,200,070

All the shares has regular dividend entitlement and current coupon number 6

For more information

INVESTOR RELATIONS MEDIA RELATIONS

Giampiero Grosso - Investor Relations Manager Barabino & Partners giampiero.grosso@carel.com Fabrizio Grassi +39 049 9731961 f.grassi@barabino.it

+39 392 73 92 125 Marco Trevisan m. trevisan@barabino.it +39 02 72 02 35 35

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CAREL

The CAREL Group is a global leader in the design, production and marketing of technologically-advanced components and solutions for excellent energy efficiency in the control of heating, ventilation and air conditioning ("HVAC") and refrigeration equipment and systems. CAREL is focused on several vertical niche markets with extremely specific needs, catered for with dedicated solutions developed comprehensively for these requirements, as opposed to mass markets.

The Group designs, produces and markets hardware, software and algorithm solutions aimed at both improving the performance of the units and systems they are intended for and for energy saving, with a globally-recognised brand in the HVAC and refrigeration markets (collectively, "HVAC/R") in which it operates and, in the opinion of the Company's management, with a distinctive position in the relevant niches in those markets.

HVAC is the Group's main market, representing 68% of the Group's revenues in the financial year to 31 December 2022, while the refrigeration market accounted for 31% of the Group's revenues.

The Group commits significant resources to research and development, an area which plays a strategic role in helping it maintain its position of leadership in the reference HVAC/R market niches, with special attention focused on energy efficiency, the reduction of environmental impact, trends relating to the use of natural refrigerant gases, automation and remote connectivity (the Internet of Things), and the development of data-driven solutions and services.

The Group operates through 36 branches including 15 production plants located in various countries. As of 31 December 2022, approximately 80% of the Group's revenues was generated outside of Italy and 30% outside of EMEA (Europe, Middle East, Africa).

Original Equipment Manufacturers or OEMs – suppliers of complete units for applications in HVAC/R markets – make up the

Company's main category of customers, which the Group focuses on to build long-term relationships.