SMA Solar Technology AG / Key word(s): Miscellaneous 11.08.2016 07:08 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The Managing Board of SMA Solar Technology AG has taken the decision to consolidate its production, sales and service locations. In specific terms, this will mean the closure of the US production site in Denver, Colorado, at the end of 2016. This will result in the loss of approximately 280 full- time jobs in Denver. In the future, the US market will be operated from the SMA production locations in Germany and China. SMA's sales and service location in Rocklin, California, will remain in operation and will benefit from further expansion. Consolidating its infrastructure will allow SMA to further reduce its fixed costs, thus enabling it to further enhance its competitiveness. The Managing Board is sticking by its sales and earnings forecast of EUR950-EUR1,050 million in sales and EUR80-EUR120 million in EBIT. 11.08.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- 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: [email protected] Internet: http://www.sma.de ISIN: DE000A0DJ6J9 WKN: A0DJ6J Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News-Service ---------------------------------------------------------------------------