SMA Solar Technology AG

Board/Management Information • Aug 5, 2016

News Details

Corporate | 5 August 2016 15:07

SMA Solar Technology AG: SMA Solar Technology AG Appoints Alexa Hergenröther to Its Supervisory Board

DGAP-News: SMA Solar Technology AG / Key word(s): Change of Personnel

2016-08-05 / 15:07

The issuer is solely responsible for the content of this announcement.

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SMA Solar Technology AG – Corporate News

SMA Solar Technology AG Appoints Alexa Hergenröther to Its Supervisory Board

Niestetal, August 5, 2016 – On August 5, 2016, Kassel District Court appointed Alexa Hergenröther, a member of the K+S KALI GmbH management, to the SMA Solar Technology AG Supervisory Board (SMA/FWB: S92). Hergenröther will bring her international management experience and her extensive knowledge of finance to the Board. The new shareholder representative was appointed after long-standing Supervisory Board member Dr. Winfried Hoffmann stepped down for personal reasons.

In her many years of working at a renowned accounting firm, Alexa Hergenröther gained familiarity with various business models and applied her extensive, expert knowledge on finance and tax questions to large enterprises. After joining the world’s largest salt producer, the K + S Group, she took over the management of the business development division before driving the internationalization of the salt business in the rapidly growing South American sales market as Managing Director of K+S Chile S.A. in Santiago de Chile. On June 1, 2014, Hergenröther joined the K+S KALI GmbH management team, a world-leading provider of potash and magnesium products belonging to the K+S Group, where she is responsible for sales and marketing.

“We would like to thank Dr. Winfried Hoffmann for his many years of dedicated work on the SMA Supervisory Board,” said Dr. Erik Ehrentraut, Chairman of the SMA Solar Technology AG Supervisory Board. “Since 2008, Dr. Hoffmann had given valuable impetus to the company with his profound management experience and his scientific expertise in the field of solar technology. Through his work on the Board of Directors of the European Photovoltaic Industry Association (EPIA; now Solar Power Europe), Dr. Hoffmann significantly expedited the breakthrough of solar energy throughout Europe. The Supervisory Board regrets losing Dr. Hoffmann, but respects his decision. We are happy to have obtained Alexa Hergenröther as a dignified successor to Dr. Hoffmann and to be able to add yet another highly qualified individual to the SMA Supervisory Board. Hergenröther is an accomplished and internationally respected manager with extensive business and financial knowledge. SMA will benefit in particular from her many years of experience in a globally demanding business environment and her proven expertise in finance and tax subjects.”

About SMA

The SMA Group with sales of EUR1 billion in 2015 is the global market leader for solar inverters, a key component of all PV plants, and offers innovative key technologies for future power supply structures. It is headquartered in Niestetal, near Kassel, Germany, and is represented in 20 countries. The Group employs more than 3,000 people worldwide. SMA has an extensive range of products, which offers the right inverters for all module types and plant sizes; for small residential systems as well as large-scale plants, grid-connected photovoltaic systems as well as off-grid and hybrid systems. Moreover, SMA offers system technology for various battery technologies and system sizes and collaborates with renowned battery manufacturers and companies from the automotive industry. The SMA technology is protected by about 750 patents and utility models worldwide. The range of services is supplemented by comprehensive services and operational management of large-scale PV power plants. Since 2008, the Group’s parent company, SMA Solar Technology AG, has been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and is currently the only company in the solar industry that is listed in the TecDAX index.

SMA Solar Technology AG

Sonnenallee 1

34266 Niestetal

Germany

Head of Corporate Communications:

Anja Jasper

Tel. +49 561 9522-2805

Presse@SMA.de

Press Contact:

Susanne Henkel

Manager Corporate Press

Tel. +49 561 9522-1124

Fax +49 561 9522-421400

Presse@SMA.de

Disclaimer:

This corporate news serves only as information and does not constitute an offer or invitation to subscribe for, acquire, hold or sell any securities of SMA Solar Technology AG (the “Company”) or any present or future subsidiary of the Company (together with the Company, the “SMA Group”) nor should it form the basis of, or be relied upon in connection with, any contract to purchase or subscribe for any securities in the Company or any member of the SMA Group or commitment whatsoever. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.

This corporate news can contain future-oriented statements. Future-oriented statements are statements which do not describe facts of the past. They also include statements about our assumptions and expectations. These statements are based on plans, estimations and forecasts which the Managing Board of SMA Solar Technology AG (SMA or company) has available at this time. Future-oriented statements are therefore only valid on the day on which they are made. Future-oriented statements by nature contain risks and elements of uncertainty. Various known and unknown risks, uncertainties and other factors can lead to considerable differences between the actual results, the financial position, the development or the performance of the corporation and the estimates given here. These factors include those which SMA has discussed in published reports. These reports are available on the SMA website at www.SMA.de. The company accepts no obligation whatsoever to update these future-oriented statements or to adjust them to future events or developments.

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2016-08-05 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

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Language:	English
Company:	SMA Solar Technology AG
	Sonnenallee 1
	34266 Niestetal
	Germany
Phone:	+49 (0)561 / 9522 – 0
Fax:	+49 (0)561 / 9522 – 100
E-mail:	info@sma.de
Internet:	http://www.sma.de
ISIN:	DE000A0DJ6J9
WKN:	A0DJ6J
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange

End of News	DGAP News Service