SMA Solar Technology AG Downsizes Managing Board


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

11.02.2015 14:35

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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Ad hoc notification from SMA Solar Technology AG

SMA Solar Technology AG Downsizes Managing Board

Niestetal, February 11, 2015-The Supervisory Board of SMA Solar Technology
AG (SMA/FWB: S92) is reducing the number of Managing Board members in the
course of the company's transformation. Lydia Sommer will leave the SMA
Managing Board on February 28, 2015. She has been in charge of Finance,
Legal and Compliance at SMA since November 2012. In May 2013, she also
assumed responsibility for Information Technology (IT) and Human Resources
in her capacity as Labor Director. SMA Chief Executive Officer
Pierre-Pascal Urbon will also take over responsibility for Finance, Legal
and Compliance as Chief Financial Officer (CFO), in addition to Strategy.
Roland Grebe, formerly Board Member for Technical Innovation, will be in
charge of Human Resources and IT and will become the new Labor Director at
SMA Solar Technology AG. Jürgen Reinert will take on overall responsibility
for Technology.

As of March 1, 2015, the Managing Board of SMA Solar Technology AG will
comprise the following members: Roland Grebe (Human Resources and IT),
Martin Kinne (Sales and Service), Dr.-Ing. Jürgen Reinert (Technology),
Pierre-Pascal Urbon (Chief Executive Officer, Strategy and Finance).

About SMA
The SMA Group with expected sales of more than EUR790 million in 2014 is
the global market leader for solar inverters, a key component of all PV
plants and, as an energy management group, offers innovative key
technologies for future power supply structures. It is headquartered in
Niestetal, near Kassel, Germany, and is represented in 21 countries. The
Group employs more than 5,000 people worldwide. SMA's broad product
portfolio includes a compatible inverter for every type of module on the
market and for all PV system sizes. The product range includes system
technologies for grid-connected photovoltaic systems as well as off-grid
and hybrid systems. The service portfolio 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 also 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

Investor Relations contact:
Julia Rother
Manager Investor Relations
Tel. +49 561 9522-2222
Fax +49 561 9522-2223
IR@SMA.de

Disclaimer:
This ad hoc notification 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 ad hoc notification 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.


11.02.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.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
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart

End of Announcement DGAP News-Service

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