Nordex Group appoints new CEO for the Division North America to strengthen
US business

EQS-News: Nordex SE / Key word(s): Personnel
Nordex Group appoints new CEO for the Division North America to strengthen
US business

29.04.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Hamburg, 29 April 2024. The Nordex Group is expanding its activities in the
USA and has appointed Manav Sharma as CEO of the business in North America,
with effect from 1st June,2024. Mr. Sharma has a long-standing experience of
16 years within the industry, having already served in various senior
management positions before joining Nordex. Prior to his current role as the
Nordex Group's Chief Transformation Officer, in his position as Chief
Operations Officer (COO), Mr. Sharma was responsible for the Company's
global operations.

John McComas, who has been leading activities in the North American region
since April 2021, will assume the newly created position of COO North
America.

In his new role, Mr Sharma will be responsible for the expansion of the
Nordex Group's US business: In March, the company announced that it is
currently working on the launch of a turbine specifically tailored to the
requirements of the American market. As early as mid of this year, the
company plans to announce a turbine variant with an optimized capacity
factor for US project conditions, designed to significantly increase yield
in pure grid constrained projects.

A second key element of the Company's growth strategy in the US is the
expansion of local supply chains to ensure US customers continue to benefit
from local manufacturing credit. This will allow the Group to take advantage
of the growing market volume expected in the coming years.

"Having strengthened our market position in Europe, we will now add focus on
our efforts in the North American arm of our business," explains José Luis
Blanco, CEO of the Nordex Group. "The appointment of Manav Sharma, a highly
experienced and valued colleague of our global Executive Management Team,
reflects the strategic importance of North America for us. With he and his
team leading the launch of our US-turbine and accelerating the on-going
supply chain transformation, we will be well-positioned to benefit from
expected growth in both the US and Canadian markets."

About the Nordex Group

The Group has installed around 50 GW of wind power capacity in over 40
markets in its corporate history and generated consolidated sales of around
EUR 6.5 billion in 2023. The Company currently has more than 10,000
employees. The Group's manufacturing network includes factories in Germany,
Spain, Brazil, India, USA (mothballed) and Mexico. Its product portfolio is
focused on onshore turbines in the 4 to 6 MW+ classes which are designed to
meet the market requirements of countries with limited available space and
regions with limited grid capacity.

Contact person for press:
Nordex SE
Felix Losada
Telephone: +49 (0) 40 30030 1141
E-mail: flosada@nordex-online.com

Contact for investors:
Nordex SE
Felix Zander
Phone: +49 (0) 152 0902 4029
E-mail: fzander@nordex-online.com


---------------------------------------------------------------------------

29.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---------------------------------------------------------------------------

   Language:       English
   Company:        Nordex SE
                   Erich-Schlesinger-Straße 50
                   18059 Rostock
                   Germany
   Phone:          +49 381 6663 3300
   Fax:            +49 381 6663 3339
   E-mail:         investor-relations@nordex-online.com
   Internet:       www.nordex-online.com
   ISIN:           DE000A0D6554
   WKN:            A0D655
   Indices:        MDAX, TecDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1890857

End of News EQS News Service
---------------------------------------------------------------------------

1890857 29.04.2024 CET/CEST