Carel Industries

AGM Information • Mar 15, 2019

Informazione Regolamentata n. 2092-18-2019		Data/Ora Ricezione 15 Marzo 2019 09:58:06	MTA - Star
Societa'	:	CAREL INDUSTRIES S.P.A.
Identificativo Informazione Regolamentata	:	115153
Nome utilizzatore	:	CARELINDUSN03 - Grosso
Tipologia	:	REGEM; 3.1
Data/Ora Ricezione	:	15 Marzo 2019 09:58:06
Data/Ora Inizio Diffusione presunta	:	15 Marzo 2019 09:58:07
Oggetto	:	of the Shareholders' meeting	CAREL - Notice of filing of the notice of call
Testo del comunicato

Vedi allegato.

Press Release

Notice of filing of the notice of call of the Shareholders' Meeting and of the Report concerning the items on the agenda

Brugine, 15 March 2019 – The Company announces that, today the following documents has been made available to the public on the website - www.carel.com, in the "Investor Relations/Shareholders' meetings" section:

• Notice of call of the ordinary Shareholders' meeting of CAREL Industries S.p.A, called for 15th of April 2019, in a single call, at 11.00 a.m. at CAREL Industries headquarter in Brugine (PD), Via dell'Industria, 11.
• An extract of the above-mentioned notice of call, published today, pursuant to the applicable laws, on the newspaper "Il Sole 24 Ore"
• The Report of the Board of Directors concerning the items on the Shareholders' meeting agenda

These documents are also available at the registered office of the Company and at the authorized storage system eMarket Storage,

Further documents relating to the Shareholders' meeting agenda will be made available to the public by filing at the registered office of the company, by publishing on the company website and by storing on the storage system eMarket Storage (), in accordance to the terms set by the applicable laws and regulations.

For further information

INVESTOR RELATIONS	MEDIA RELATIONS
Giampiero Grosso - Investor Relations Manager ir@carel.com	Barabino & Partners Fabrizio Grassi
+39 049 9731961	f.grassi@barabino.it +39 392 73 92 125
Barabino & Partners IR	Francesco Faenza
Stefania Bassi	f.faenza@barabino.it
s.bassi@barabino.it +39 335 62 82 667	+39 02 72 02 35 35

CAREL

The CAREL Group is a leader in the design, production and global marketing of technologically advanced components and solutions for excellent energy efficiency in the control and regulation of 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.

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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 (overall "HVAC/R") in which it operates and, in the opinion of the Company management, with a distinctive position in the reference niches in those markets.

HVAC is the main Group market, representing 61% of the Group's revenues in the financial year ended 31 December 2018, while the refrigeration market accounted for 37% of the Group's revenues.

The Group commits significant resources to research and development ("Research and Development"), an area which plays a strategic role in helping it maintain its leadership position in the reference HVAC/R market niches, with special attention focused on energy efficiency, the reduction of the impact on the environment, 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 23 subsidiaries and 9 production plants located in various countries. As at 31 December 2018, approximately 80% of the Group's revenues were generated outside of Italy and 49% outside of western Europe.

Original Equipment Manufacturers or OEMs, suppliers of complete units for applications in the HVAC/R markets, make up the main category of the Company's customers on which the Group focuses to build long-term relations