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“We are proud to have been honored with the Best Managed Companies Award for the fourth time in a row,” said Jürgen Reinert. “For us as a company, this award is conformation that we are on the right path when it comes to our strategy.” For more than 40 years now we have been contributing to the advancement of the global energy transition with our products and solutions. Innovative strength and an exceptional company culture have been a part of our journey from the very start. Digitalization and holistic sustainability efforts are now shaping our operational framework similarly. We are always working on improving ourselves and optimizing our processes. I would like to express my deepest gratitude towards all SMA employees who contribute their part on a daily basis.”

SMA impresses in all categories

The Best Managed Companies Award acknowledges business excellence in the categories of strategy, productivity and innovation, governance and finance, and culture and commitment. SMA impressed in all of those areas. In a multi-stage application process that, in addition to a wide range of application documentation, also involved a face-to-face coaching session, the company demonstrated its strengths in an impressive manner.

Best Managed Companies programme is successful in more than 40 countries

The Best Managed Companies Program was initiated by Deloitte in Canada in the 1990s and has so far been successfully introduced in more than 40 countries. The program aims to establish a national and global network of small and medium-sized enterprises with excellent governance. The award ensures that companies are not only successful from a business perspective but also stand out through sustainable, innovative governance.

Disclaimer:

This press release 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 press release 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.