Carel Industries

Report Publication Announcement • Dec 19, 2024

Informazione Regolamentata n. 2092-40-2024	Data/Ora Inizio Diffusione 19 Dicembre 2024 18:00:19		Euronext Star Milan
Societa'	:	CAREL INDUSTRIES
Identificativo Informazione Regolamentata	:	199681
Utenza - Referente	:	CARELINDUSN03 - Giampiero
Tipologia	:	REGEM; 3.1
Data/Ora Ricezione	:	19 Dicembre 2024 18:00:19
Data/Ora Inizio Diffusione	:	19 Dicembre 2024 18:00:19
Oggetto	:	CAREL - 2025 Financial Calendar
Testo del comunicato

Vedi allegato

Press Release

2025 Annual schedule of corporate events

Brugine, 19 December 2024 – Pursuant to existing legislation, Carel Industries S.p.A. is announcing its 2025 schedule of corporate events:

• 13 March 2025 Board of Director's Meeting for the approval of the draft financial statements and the consolidated financial statements as at 31 December 2024.
• 23 April 2025 Shareholders' Meeting for the approval of the financial statements as at 31 December 2024.
• 13 May 2025 Board of Director's Meeting for the approval of the additional interim financial information as at 31 March 2025.
• 1 August 2025 Board of Director's Meeting for the approval of the half-year financial report as at 30 June 2025.
• 13 November 2025 Board of Director's Meeting for the approval of the additional interim financial information as at 30 September 2025.

Following each Board of Directors' meeting to approve the periodic financial statements, a press release will be published and there will be a conference call (audio-conference and webcast) with the financial community; dates and timing will be duly announced as soon as they are scheduled.

Any changes to the dates given above will be announced promptly.

We wish to inform you that, pursuant to Article 2.2.3 of the Stock Exchange Regulation, in place of the additional financial information as at 31 December 2024, the company will publish the annual financial report, together with the other documents pursuant to Article 154ter, paragraph 1, of the TUF, within 90 days of the 2024 year-end.

Finally, in accordance with the provisions of the Instructions to the Regulations of the Markets Organized and Managed by Borsa Italiana S.p.A. (Title IA.2, Section IA.2.1, Article IA.2.1.3), CAREL Industries S.p.A. announces that the month expected for the payment of any dividend related to the results of the 2024 financial year, in the event that the Ordinary Shareholders' Meeting approves it, is June 2025. CAREL Industries S.p.A. emphasizes that no decision has been made regarding the company's dividend policy, the possible distribution of the dividend, or its payment, as this is the exclusive competence of the Shareholders' Meeting, which will be convened for the approval of the consolidated financial statements of the CAREL Group and the draft financial statements of CAREL Industries S.p.A. as of 31 December 2024. This communication is made solely to comply with the provisions of Borsa Italiana S.p.A. and does not carry any forecasting significance

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 Giuseppe Fresa g.fresa@barabino.it +39 02 72 02 35 35

***

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 73% of the Group's revenues in the financial year to 31 December 2023, while the refrigeration market accounted for 27% 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.

As of 31 December 2023 the Group operates through 49 branches including 15 production plants located in various countries, 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.

Fine Comunicato n.2092-40-2024	Numero di Pagine: 4
--------------------------------	---------------------