SMA Solar Technology AG is adjusting sales and earnings guidance for the
current fiscal year 2024

EQS-Ad-hoc: SMA Solar Technology AG / Key word(s): Change in Forecast
SMA Solar Technology AG is adjusting sales and earnings guidance for the
current fiscal year 2024

18-Jun-2024 / 22:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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SMA Solar Technology AG is adjusting sales and earnings guidance for the
current fiscal year 2024

Niestetal, June 18, 2024 - SMA Solar Technology AG (SMA/ISIN:
DE000A0DJ6J9/FWB: S92) is adjusting its guidance for the fiscal year 2024.
The Managing Board now expects sales of between 1,550 million euros and
1,700 million euros (previously: 1,950 million euros and 2,220 million
euros) and operating earnings before interest, taxes, depreciation and
amortization (EBITDA) of between 80 million euros and 130 million euros
(previously: 220 million euros and 290 million euros). In accordance with
applicable international accounting standards, any changes in depreciation
are assessed and taken into account, if necessary, when preparing the
half-year financial statements.

The reason for adjusting the guidance is a persistently volatile market as
well as delayed increase of incoming orders resulting from continued high
inventories at distributors and installers. This results in a sales and
earnings development in the Home Solutions and Commercial & Industrial
Solutions segments below expectations. Furthermore, there is new uncertainty
in the market due to the recent outcome of the European elections and the
upcoming elections in the USA on November 5th. The Large Scale & Project
Solutions segment continues to develop in line with expectations. For this
segment the Managing Board still expects a strong increase in sales and
EBITDA for the year as a whole compared to the previous year.

The half-year report 2024 will be published as scheduled on August 8, 2024.

Contact:

Viona Brandt

Investor Relations

viona.brandt@sma.de

Tel.: +49 175 93 93 320


End of Inside Information

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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
   Indices:        MDAX, TecDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1928107

End of Announcement EQS News Service
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1928107 18-Jun-2024 CET/CEST