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PRESS RELEASE An innovative business location in the middle of the emerging African market A state-of-the-art HVAC system based on Climaveneta INTEGRA units in Botswana. Treviso, July 2015: DeLclima, through its subsidiary Climaveneta, has just supplied air conditioning units to the Innovation Hub under construction in Botswana for a total order value of 550,000 €. The Botswana Innovation Hub is located strategically on a 57 hectares site, near the Sir Seretse Khama International Airport in Gaborone, the capital city of Botswana and the centre of the country’s business activity. The facility will provide an attractive location for technology driven and knowledge intensive business to develop and compete in the global market. The focal point of the Hub will be to provide state-of-the art facilities to attract domestic, regional and global companies to locate business, research and developmental activities within the Park, and promote technology based innovation and entrepreneurship. The facility includes a HIV Research Lab run by the Ministry of Health in partnership with Baylor, Harvard, and the University of Pennsylvania, as well as a data center and engineering floors. The building has been designed to save energy and be as efficient as possible. The roof design of the Botswana Innovation Hub incorporates large overhangs to passively shade the building’s interior volume, mechanisms to collect and re-use water, and both passive and active photovoltaic systems to harness solar energy. The air conditioning system is based on 3 INTEGRA multipurpose ERACS2-Q XL-CA 2722 and 1 high efficiency air cooled chiller i-FX (1+i) CA 2722, all supplied by Climaveneta. The HVAC system will be managed and optimized by ClimaPRO, the new Climaveneta system manager that actively optimizes the entire chiller plant by managing and adjusting each component directly involved in the production. DeLclima (DLC:IM) is specialized in Heating, Ventilation, Air Conditioning and Refrigeration (HVACR). DeLclima designs, produces and markets innovative, energy efficient products and provides value added services for Indoor Climate Control in commercial buildings and for Refrigeration (ICC&R) of industrial processes and ICT applications through CLIMAVENETA and RC GROUP. DeLclima also operates in the radiator business through DL Radiators. DeLclima companies share the mission of increasing well-being and industrial productivity by providing high efficiency, reliable, economically viable and eco- sustainable solutions, in particular by embracing renewable energy sources. Delclima manufactures in three continents and operates worldwide with subsidiaries, distributors and service companies, with particular focus in Europe, China and India. The company, headquartered in Italy, has been listed on the Milan Stock Exchange since 2012 and was previously the Professional Division of the De'Longhi group. For more information please see www.del-clima.com .

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PRESS RELEASE Un centro direzionale altamente innovativo nel cuore dell’Africa emergente Un impianto di climatizzazione altamente efficiente, basato su unità INTEGRA di Climaveneta in Botswana. Treviso, Luglio 2015: DeLclima, attraverso la controllata Climaveneta, ha appena fornito le unità per la climatizzazione all’Innovation Hub in Botswana, tuttora in fase di costruzione, per un fatturato totale di 550.000 €. Il Botswana Innovation Hub è strategicamente situato su una superficie di 57 ettari, in prossimità del Sir Seretse Khama International Airport a Gaborone, capitale del Botswana e centro delle attività imprenditoriali del Paese. Il nuovo sviluppo fungerà da polo di attrazione per la tecnologia ed il business e sarà in grado di competere sul mercato globale. Il focus dell’Hub è quello di fornire strutture altamente innovative, in grado di attrarre imprese nazionali e internazionali all'interno del Parco, al fine di promuovere l'innovazione tecnologica e l'imprenditorialità nel Paese. La struttura comprenderà un laboratorio di ricerca sull’ HIV gestito dal Ministero della Salute in collaborazione con le Università Baylor, Harvard, e quella del Pennsylvania, nonché un nuovo datacenter. L'edificio è stato progettato per risparmiare energia ed essere quindi il più efficiente possibile. Il progetto del tetto del Botswana Innovation Hub comprende grandi sbalzi creati appositamente per portare ombra agli spazi interni, meccanismi per la raccolta e il riutilizzo dell’acqua, e due impianti fotovoltaici attivi e passivi per sfruttare l'energia solare. Il sistema di climatizzazione è basato su 3 unità polivaneti INTEGRA ERACS2-Q XL-CA 2722 ed 1 chiller ad elevata efficienza condensato ad aria i-FX (1 + i) CA 2722, tutti forniti da Climaveneta.
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Q3 ' 12 Results Presentation
Q3 ‘12 Results presentation November 12, 2012 Q3 ’12 - Highlights Weak market trend in Europe (mainly South) both in ICC&R and Radiators. Total Net Sales decrease, with increase in ICC&R. EBITDA slight decrease and EBITDA margin increase. Stable cash flow. 1 Q3 ’12 Sales breakdown and mix by Business Line Sales breakdown by business line Sales mix by business line €M Q3 ‘12 Q3 ‘11 Δ% % total Q3 ‘12 Q3 ‘11 Δ% ICC&R 70,7 68,8 2,8% ICC&R 73,6% 67,0% +6,6 pp Radiators 25,4 33,8 (25,0)% Radiators 26,4% 33,0% (6,6) pp Total 96,1 102,6 (6,3)% Total 100,0% 100,0% ICC&R sales increased and Radiators sales declined, as expected . ICC&R weight on total sales is further increased. Note: 2011 refer to historical data included in De'Longhi Consolidated financial statements - Professional Division. 2 Q3 ’12 ICC&R Sales Trend by Geography - Change % vs. Q3’ 11 €M €M Q3 ‘12 % tot QQ3 ‘11 % tot Δ% - Overall increase - Europe decline due to Southern; growth in Western Europe 51,4 72,6% 52,7 76,7% (2,6)% Europe. Asia 15,7 22,2% 13,0 19,0% 20,4% - Asia and ROW: significant increase, especially in China, RoW 3,7 5,2% 3,0 4,3% 23,3% in Q3 accounting for 22,2% of total sales. Total 70,7 100,0% 68,8 100,0% 2,8% Note: 2011 refer to historical data included in De'Longhi Consolidated financial statements - Professional Division.
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Climaveneta R.C
Demerger of the Professional Division 23 November 2011 v1.2 0 IMPORTANT INFORMATION Disclaimer This document has been prepared in accordance with Italian law and may not be distributed, either directly or indirectly, in any other jurisdiction, in particular Australia, Japan, Canada or the United States of America or other country in which issue of the securities described in this document and the communication of the same are not permitted without specific authorization from the relevant authorities. Distribution of this document in any jurisdiction outside of Italy may be subject to specific regulatory requirements and restrictions. Any person coming into possession of this document should inform themselves of and comply with any such regulatory requirements or restrictions. The securities referred to in this presentation are to be issued in relation to the demerger described herein and have not been, nor is it intended that they will be, registered pursuant to the United States Securities Act of 1933. Consequently, they may not be offered or sold, either directly or indirectly, in the United States of America except by special exemption. No representation or warranty, express or implied, is or will be made in relation to, and no responsibility is or will be accepted by De’Longhi S.p.A. and/or by any companies controlled directly or indirectly by De’Longhi S.p.A. included De’Longhi Clima S.p.A., nor by any of their respective directors, managers, officials, clerical staff, agents or consultants, as to the accuracy or completeness of the information contained in this presentation. No part of this presentation constitutes, or shall be taken to constitute, an invitation or inducement to invest in De’Longhi S.p.A.
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PRESS RELEASE Green office buildings' market is growing, boosting DeLclima’s performance A bunch of new projects worth 2 million highlight DeLclima’s excellent performance in the booming green building market. Treviso, September 2015: Growing investment in low energy green office buildings, both in mature as well as in developing markets, drives the demand for high efficiency HVAC systems, creating ideal conditions for DeLclima’s further growth. Four recent projects, all of them equipped with DeLclima’s smart heat pumps in combination with high efficiency chillers, showcase how advanced the company’s technology for this segment is. The new 205m high Piedmont Region Tower in Turin, designed by Massimiliano Fuksas is to become the tallest building in Italy, will host about 2000 employees of the Regional administration and will be the core of a massive city center redevelopment. The tower is equipped with innovative energy-saving technologies, in compliance with the highest environmental standards, including a leading-edge DeLclima HVAC system based on 4 water cooled chillers and 4 Integra heat pumps supplied by Climaveneta, providing heating, cooling and sanitary hot water all year round with optimum efficiency. A similar approach also characterizes the innovative design of the new BNL Headquarters in Rome. Conceived by 5+1AA Alfonso Femia Gianluca Peluffo, the 67,000 sqm premium office building will provide 3800 workstations and facilities for the employees. To satisfy the sustainable heating and cooling needs of the building, the HVAC designer has selected 5 DeLclima INTEGRA multiuse units, 4 of which equipped with a patent pending +2P MODULE producing hot water at very high temperatures, up to 80°C, and 1 Super Low noise, efficiency class A chiller.
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E EUROPEAN DER CENTRAL CLIMATE ONTROL SYSTEMS with a Growing Presence in Key Markets Around the World
Kofi Annan E EUROPEAN DER CENTRAL CLIMATE ONTROL SYSTEMS with a growing presence in key markets around the world As a leading technology and services company, Climaveneta addresses the specific comfort and cooling requirements of each market, application and type of building. Climaveneta achieves this by combining technical expertise and innovation of a multinational corporation, with the advantages of a local presence and st dedicated offices in key regions around the world. in Europe for Central 237Millions € turnover 2011 1Air Conditioning Established in 1971 th 1,150 Bassano del Grappa (Italy) employees worldwide in the World in Central Air Conditioning SOUTH EUROPE MIDDLE FAR 5 AMERICA EAST EAST Cutting-edge Unchallenged Air conditioning Dedicated Since 1994 technology for an leadership in beyond ranges and a De’Longhi Group company high efficiency traditional operations for 90,000 innovative approach 2 hub factories to air conditioning climate control technological China and Far m production facilities frontiers East 7 Complete range of products from to kW Since January 2012 2 2,400 a DeLclima Company 02/03 Company Profile With 40 years experience and a complete range of products and systems for each type of building, Climaveneta is the European leader in central climate control ENVIRONMENTAL RESPECT SPECIFIC SOLUTIONS FOR EACH PROJECT systems. Decreasing energy consumption, the systematic reduction Through a wide range of highly configurable products and of atmospheric emissions and the extensive use of systems, combined with customized solutions. Climaveneta's vision is to combine renewable sources. perfect comfort with the highest possible energy efficiency and environmental standards to develop custom-made and innovative climate control systems that exceed our customers' expectations.
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Mergers, Acquisitions, Name Changes
164 AIR CONDITIONING, HEATING & REFRIGERATION NEWS Mergers, Acquisitions, Name Changes Looking for a manufacturing company that doesn’t seem to be listed in this 2017 Directory Issue? If you can’t find it in the Manufacturers Alphabetic Listings, then one of several things may have happened. The company could have dropped out of the hvacr industry — ceased to operate altogether, or just stopped making hvacr products; or the company may have changed owners and it is now a part of another corpo- rate identity. In either case, this listing may help. Following are the names of hundreds of manufacturers and their brand names that were found in previous editions of the Directory Issue. Many of these companies continue to exist, but are now known under dif- ferent names. To find the new identity, just look up the old name in this alphabetic listing. If no informa- tion is available, we simply provide the last year the company was listed in the Directory Issue. This listing represents our best efforts at tracking the manufacturer-members of the hvacr community. If we have erred or provided incomplete information, we apologize and hope that you will set us straight. Contact The News Editorial Department at P.O. Box 2600, Troy, Mich. 48007. Watsco would acquire ACR’s outstanding common stock A in a cash tender offer. AAF International, Louisville, Ky. Adams Manufacturing Co., Cleveland In 2006, Daikin obtained AAF as part of its acquisition Acquired assets and rights to G1 and G2 power gas of the OYL Group. In 2016, AAF acquired Flanders burners from R.W.
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PRESS RELEASE DeLclima docet at the Hong Kong Baptist University More than 11 units installed and 10.7 million HKD profit in the last two years. Treviso, June 2015: DeLclima, through its subsidiary Climaveneta, supplied the air conditioning units to the Baptist University in Hong Kong, for a total of 11 chillers and 10,7 million HKD profit (about 1.2 million Euro) divided into 3 different projects. Established in 1956, the Hong Kong Baptist University has over 50 years of experience in providing broad-based and creativity-inspiring education. In the last years the HKBU started a green program to improve the energy performance of its locations by renovating the M&E systems to save energy, while simultaneously providing better comfort to the students. The first step of this program has been to replace the existing HVAC units at the HKBU School of Chinese Medicine, a 9 floor building composed of laboratories, offices, meeting rooms, a clinic, and museum. 2 DeLclima TECS2/SL-CA and 1 screw type chiller have been installed, respectively manufactured at the Climaveneta HQs and Cimaveneta Chat Union production plants. After the installation of the new units the university started a monitoring system based on the real operating log to have a complete energy analysis of the new system. After one year of data collecting the results show that HKBU saved at least 25% in electricity costs and increased the building’s COP by 70% (coefficient of performance), with an estimated payback period for the air conditioning units of 2.5 years. The excellent results encouraged the University to keep replacing the old HVAC units.
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Press Release
PRESS RELEASE Research effort on energy efficiency. DeLclima HVAC units installed at 350 Euston Road in London, thanks to research dedicated to the best building refurbishment. Treviso, January 2015: DeLclima, through its subsidiary Climaveneta, supplied one ERACS2-Q/SL- CA/S 2222 INTEGRA unit and one TECS2/SL-CAE/S 0512 unit to “350 Euston Road”, part of Regent’s Place mixed use development in London. 350 Euston Road is a 924 sq ft grade A office building in London, owned by British Land and managed by Broadgate Estates. This property has already achieved significant energy reduction targets and has been recognised as a best-practice example for energy savings by several independent institutions. Recent research carried out by British Land, Broadgate Estates and Climaveneta on the building studied the application of DeLclima multi-purpose INTEGRA technology versus chiller and boiler systems and the challenges of fitting this technology into an existing, fully let property. In order to ensure transparency and quality of results, the University of Padua - Department of Industrial Engineering and Studio Planning has been involved, respectively as an independent research institution and as a qualified building services engineering consultancy with great experience in innovative heat pump applications. A comprehensive energy model was developed to simulate how the building operates. All actions and prospective results have been designed on the real heating and cooling needs of the building and are measured against a baseline which represents an excellent energy efficient office building in Central London. The research demonstrated a 34% energy and 38% carbon reduction against the existing system.
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Company Profile
COMPANY PROFILE rcgroup.it RC Profile December 2011: De’Longhi Professional Group split in De’Longhi S.p.A and DeLclima S.p.A. focused on industrial products. 2012: DeLclima is listed on the Milano stock exchange since 2nd of January. De’Longhi Trust is the majority share-holder of DeLclima. 2012: Birth of UNICO TURBO FL FREE. Free-cooling liquid chiller equipped with centrifugal compressors with magnetic TIME levitation bearings. 4th July 1963 - RC Condizionatori was established with the mission of 2014: Birth of UNICO TURBO providing innovative and high quality air conditioning systems. FLG FREE. Free-cooling liquid chiller equipped with centrifugal 2014 1963 - The first air conditioner installed in a major Italian bank. compressors with magnetic levitation One of the first air conditioners for computer room made bearings charged with HFO1234ze refrigerant. in Italy. 2015: RC Group acquires 8 group’s subsidiaries. 1980 - First to introduce energy-saving free-cooling systems, the S.C.R. System on MRE/A chiller. 2015: Birth of X TYPE, unique precision air conditioner with innovative X coils. 1983: First HVAC company using CAD design suites 1963 2015: Birth of SIVIS, the innovative indirect adiabatic cooling system. 1985: Birth of RC World, RC Group selection software, one of the first 2015: RC Group launches on the market GoGreen Innovative Solutions: electronic catalogue of the HVAC sector. 1990: RC Group takes over Simair (Florence) to develop the TLC market and AMP (Rome) to extend its own range to chillers as well. 13th October 1991: First in Europe to Go Green is not a simple commercial logo but our Mission oriented to obtain the ISO9000 quality certification.
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Mergers, Acquisitions, Name Changes
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