2022-01-12

Managing Board adjusts earnings guidance for 2021

DGAP-Ad-hoc: SMA Solar Technology AG / Key word(s): Forecast/Change in
Forecast
SMA Solar Technology AG: Managing Board adjusts earnings guidance for 2021

12-Jan-2022 / 21:05 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Niestetal, January 12, 2022 - The Managing Board of SMA Solar Technology AG
(SMA/FWB: S92) is adjusting its earnings guidance for fiscal year 2021. This
is due to the ongoing negotiations regarding an existing service agreement
in the area of operation and maintenance services for photovoltaic power
plants (O&M business). The reason for the negotiations are defects in some
of the solar parks to be maintained by SMA, which only became apparent after
the contract was concluded. Based on the resulting one-off effect, the SMA
Managing Board now expects an EBITDA between €20 million and €30 million for
fiscal year 2021 (previously: €50 million to €65 million).


Contact:
Ulrich Hadding
Chief Financial Officer


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Information and Explanation of the Issuer to this News:

About SMA
As a leading global specialist in photovoltaic and storage system
technology, the SMA Group is setting the standards today for the
decentralized and renewable energy supply of tomorrow. SMA's portfolio
contains a wide range of efficient PV and battery inverters, holistic system
solutions for PV and battery-storage systems of all power classes,
intelligent energy management systems and charging solutions for electric
vehicles and power-to-gas applications. Digital energy services as well as
extensive services up to and including operation and maintenance services
for PV power plants round off SMA's range. SMA inverters with a total output
of around 110 gigawatts have been installed in more than 190 countries
worldwide. SMA's multi-award-winning technology is protected by around 1,700
patents and utility models. 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 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
Senior Corporate Communications Manager
Tel. +49 561 9522-1124
Presse@SMA.de


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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: www.sma.de
ISIN: DE000A0DJ6J9
WKN: A0DJ6J
Indices: SDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Dusseldorf,
Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1268118



End of Announcement DGAP News Service
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1268118 12-Jan-2022 CET/CEST

Contact for Voting Rights Notifications

SMA Solar Technology AG

Investor Relations
Sonnenallee 1
34266 Niestetal
Germany

Stimmrechtsmitteilungen@sma.de