Q1 2020 Consolidated Sales Revenues Presentation May 8th 2020 1 - PowerPoint PPT Presentation

Q1 2020 Consolidated Sales Revenues Presentation May 8th 2020 1

Group Structure A. Berloni 33% Full Consolidation Method M. Berloni 33% P. Berloni 33% 100% 100% AUTOCLIMA GMBH AMP Fin S.r.l. Buy-back Market 70% AUTOCLIMA 1.71% (*) 68.33% (*) 29.96% (*) RUSS 100% 90% AUTOCLIMA IBERICA 85% AUTOCLIMA (*) data updated to April 29 th 2020 INDEL B NORTH 100% POLSKA AMERICA Equity Consolidation Method Full Consolidation Method 50% 40% 27.3% 100% GUANGDONG ICECO ENTERPRISE 2

Sales - Breakdown by Channel Sales in €mln Q1 2019 Q1 2020 39.6* 30.5* -23%** 20.2 -26% 14.9 13.1 -16% 11.0 -27% 6.3 4.6 15% Others AM OEM 15% 49% 51% 34% 36% * Figures related to Revenues from product sales ** Growth at current exchange rates 3

Sales - Breakdown by Market Sales in €mln Q1 2019 Q1 2020 39.6* 30.5* -23%** 24.6 -31% 17.0 -13% 4.1 3.5 -15% 4.6 3.9 -21% 4.4 5.5 +125% 1.7 0.8 Cooling Appl. Others Leisure Hospitality Automotive 2% 6% 14% 14% 12% 13% 56% 62% 10% 11% * Figures related to Revenues from product sales ** Growth at current exchange rates 4

Sales - Breakdown by Region Sales in €mln Q1 2019 Q1 2020 39.6* 30.5* -23%** 18.9 -17% 15.6 10.7 -16% 9.0 8.7 -42% 5.0 -31% 1.3 0.9 RoW Americas Italy Europe (excl. Italy) 3% 3% 16% 22% 48% 51% 30% 27% * Figures related to Revenues from product sales **Growth at current exchange rates 5

Shareholding Structure, Upcoming Events, IR contacts Shareholding Structure* Upcoming Events May 27 th 2020 - Annual Shareholders’ • Meeting for Approval of the Full Year Financial Statements at December 31 st 2019 AMP Fin. Buy-back 29.96% Market Investor Relations 1.71% 68.33% • investor.relations@indelb.com • Consuelo Vagnini (*) Source: Indel B Spa Last update: April 29 th 2020 consuelo.vagnini@indelb.com • www.indelbgroup.com 6

Disclaimer This document (the Document), which has been drawn up by Indel B S.p.A. (Indel B), is strictly private and confidential and should not be circulated to third parties without the prior written consent of Indel B. The Document is furnished for information purposes only without any claims to being exhaustive. Indel B accepts no responsibility for the correctness, accuracy and/or completeness of the information contained herein. The Document was prepared exclusively in order to present Q1 2020 Consolidated Sales Revenues Presentation. Neither the Document nor any of its contents may be used for any other purpose without the prior written consent of Indel B. This Document in no way constitutes a proposal to execute a contract, a solicitation/public offer, advice or recommendation to purchase or sell any financial instrument. The Document does not represent an outright offer or a commitment on the part of Indel B to subscribe for a financial instrument of any kind. Neither Indel B nor its Group nor any of their directors, general management, staff and advisors may in any way be held responsible for any direct and/or indirect damages that may be suffered by third parties who relied on the statements made in or omitted from the Document. All liability deriving directly or indirectly from use of the Document is hereby expressly disclaimed. 7

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