AES CORP — Director's Dealing 2023

Dec 12, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fluence Energy, Inc. (FLNC)
CIK: 0001868941
Period of Report: 2023-12-08

Reporting Person: AES CORP (10% Owner)
Reporting Person: AES Grid Stability, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-08	Class A Common Stock	C	7087500	—	Acquired	7087500	Indirect
2023-12-08	Class A Common Stock	S	7087500	$22.05	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-08	LLC Units of Fluence Energy, LLC	$	C	7087500	Disposed		Class A Common Stock (7087500)	Indirect

Footnotes

F1: On December 8, 2023, AES Grid Stability, LLC ("AES Grid Stability"), a wholly owned, indirect subsidiary of The AES Corporation, exercised its redemption right with respect to 7,087,500 LLC Units of Fluence Energy, LLC ("OpCo Units") together with the corresponding cancellation of 7,087,500 shares of Class B-1 Common Stock of Fluence Energy, Inc. AES Grid Stability exercised such redemption right as a result of AES Grid Stability's and The AES Corporation's determination to sell 7,087,500 shares Class A Common Stock in an underwritten offering.

F2: The OpCo Units and an equal number of shares of Class B-1 Common Stock, together are exchangeable at the discretion of the holder for, at the Issuer's election, shares of Class A Common Stock on a one-for-one basis or the cash value thereof, subject to certain exceptions, conditions and adjustments, and have no expiration date.

F3: The OpCo Units are held by AES Grid Stability, LLC, which is a wholly owned subsidiary of The AES Corporation.