Carel Industries

Declaration of Voting Results & Voting Rights Announcements • Apr 11, 2025

Informazione Regolamentata n. 2092-13-2025		Data/Ora Inizio Diffusione 11 Aprile 2025 12:00:02	Euronext Star Milan
Societa'	:	CAREL INDUSTRIES
Identificativo Informazione Regolamentata	:	203978
Utenza - Referente	:	CARELINDUSN03 - Grosso Giampiero
Tipologia	:	2.5
Data/Ora Ricezione	:	11 Aprile 2025 12:00:02
Data/Ora Inizio Diffusione	:	11 Aprile 2025 12:00:02
Oggetto	:	CAREL - Communication on the aggregate amount of voting rights
Testo del comunicato

Vedi allegato

COMMUNICATION OF THE AGGREGATE AMOUNT OF VOTING RIGHTS

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

Brugine (PD), 11 April 2025 – CAREL Industries S.p.A. (the "Issuer") announces that, as of 10 April 2025 (record date for the Shareholders' meeting called for 23 April 2025), the aggregate amount of voting rights is equal to 171,791,644.

It should be noted that the Issuer's share capital is equal to Euro 11,249,920.50 and is made up of no. 112,499,205 ordinary shares with no indication of par value.

The following table shows the details of the shares representing the Issuer's share capital and the number of exercisable voting rights:

	Number of shares that make up the Share Capital	Number of voting rights
Total, of which:	112,499,205	171,791,644
Ordinary shares without increased voting right (ISIN: IT0005331019)	53,206,766	53,206,766
Ordinary shares with increased voting right (ISIN: IT0005331886)	59,292,439	118,584,878

For further 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 +39 348.57.03.197

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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 71% of the Group's revenues in the financial year to 31 December 2024, while the refrigeration market accounted for 29% 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 2024 the Group operates through 47 branches including 15 production areas located in various countries, approximately 80% of the Group's revenues was generated outside of Italy and more than 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.