Siemens Gamesa Renewable Energy S A : Announcement of the call to the General Meeting of Shareholders 2020

SIEMENS GAMESA RENEWABLE ENERGY, S.A.

OTHER RELEVANT INFORMATION

As per section section 227 of the restated text of the Securities Market Law (texto refundido de la Ley del Mercado de Valores), approved by the Royal Legislative Decree 4/2015, of 23 October, and related provisions, the Company announces the following other relevant information:

SIEMENS GAMESA RENEWABLE ENERGY, SOCIEDAD ANÓNIMA

2020 ANNUAL GENERAL MEETING OF SHAREHOLDERS

At its meeting of 17 June 2020, the Board of Directors of Siemens Gamesa Renewable Energy,

Sociedad Anónima (the "Company") resolved to call the Annual General Meeting of

Shareholders of the Company, to be held on Wednesday, July 22 2020 at 12:00, on first call, at the Mitxelena Auditorium of Bizkaia Aretoa in Bilbao, Avenida Abaindoibarra 3, or, in the event that the legally required quorum is not met, on Thursday, July 23 2020 at 12:00, on second call, at the same place, in order to deliberate and adopt resolutions regarding the matters included in the following

Agenda

ITEMS RELATING TO THE ANNUAL ACCOUNTS AND TO CORPORATE MANAGEMENT:

One.- Examination and approval, if appropriate, of the individual annual accounts (balance sheet, profit and loss account, statement of changes in shareholders' equity, statement of cash flows and notes) of Siemens Gamesa Renewable Energy, Sociedad Anónima, as well as of the consolidated annual accounts of the Company and its subsidiaries (balance sheet, profit and loss account, statement of changes in shareholders' equity, statement of cash flows and notes), for the financial year ended on

30 September 2019.

Two.- Examination and approval, if appropriate, of the individual management report of Siemens Gamesa Renewable Energy, Sociedad Anónima and of the consolidated management report of the Company and its subsidiaries for the financial year ended on 30 September 2019.

Three.- Examination and approval, if appropriate, of the consolidated statement of non-financial information of Siemens Gamesa Renewable Energy, Sociedad Anónima for the financial year ended on 30 September 2019.

Four.- Examination and approval, if appropriate, of the corporate management and the activities of the Board of Directors during the financial year ended on 30 September 2019.

ITEM RELATING TO SHAREHOLDER REMUNERATION:

Five.- Examination and approval, if appropriate, of the proposed allocation of profits/losses and distribution of dividends of Siemens Gamesa Renewable Energy, Sociedad Anónima for the financial year ended on 30 September 2019.

ITEMS RELATING TO THE COMPOSITION OF THE BOARD OF DIRECTORS:

Six.- Ratification of the appointment by co-option and re-election of Mr Andreas C. Hoffmann as a director of Siemens Gamesa Renewable Energy, Sociedad Anónima, with the classification of proprietary non-executive director, for the bylaw-mandated four-year term.

Seven.- Ratification of the appointment by co-option and re-election of Mr Tim Oliver Holt as a director of Siemens Gamesa Renewable Energy, Sociedad Anónima, with the classification of proprietary non-executive director, for the bylaw-mandated four-year term.

Eight.- Ratification of the appointment by co-option and re-election of Mr Harald von Heynitz as a director of Siemens Gamesa Renewable Energy, Sociedad Anónima, with the classification of independent non-executive director, for the bylaw-mandated four-year term.

Nine.- Ratification of the appointment by co-option and re-election of Ms Maria Ferraro as a director of Siemens Gamesa Renewable Energy, Sociedad Anónima, with the classification of proprietary non-executive director, for the bylaw-mandated four-year term.

Ten.- Ratification of the appointment by co-option and re-election of Mr Andreas Nauen as a director of Siemens Gamesa Renewable Energy, Sociedad Anónima, with the classification of executive director, for the bylaw-mandated four-year term.

Eleven.- Setting of the number of members of the Board of Directors at ten.

ITEM RELATING TO THE RE-ELECTION OF THE COMPANY'S STATUTORY

AUDITOR:

Twelve.- Re-election of Ernst & Young, Sociedad Limitada as statutory auditor of Siemens Gamesa Renewable Energy, Sociedad Anónima and of its consolidated Group for financial year 2020.

ITEMS RELATING TO THE EXPRESS AUTHORISATIONS AND DELEGATIONS BEING REQUESTED FOR THE BOARD OF DIRECTORS:

Thirteen.- Authorisation to the Board of Directors for the acquisition of own shares.

Fourteen.- Authorisation to the Board of Directors, with express power of substitution, to increase the share capital upon the terms and within the limits set forth in section 297.1.b) of the Corporate Enterprises Act, with the power to exclude pre-emptive rights, limited to a maximum nominal amount of 20% of the share capital, including such amount as may arise from the approval and implementation of the proposed resolution set forth in item sixteen of the agenda.

Fifteen.- Authorisation to the Board of Directors, with express power of substitution, to issue simple debentures and other fixed-income securities that are neither exchangeable for nor convertible into shares, as well as to guarantee the issue of securities by the Company's subsidiaries, with a limit of 800 million euros for notes and of 2,000 million euros for other fixed-income securities.

Sixteen.- Authorisation to the Board of Directors, with express power of substitution, for a term of five years, to issue debentures or bonds that are exchangeable for and/or convertible into shares of the Company or of other companies and warrants on newly-issued or outstanding shares of the Company or of other companies, with a maximum limit of 1,500 million euros. The authorisation includes the delegation of such powers as may be required to: (i) determine the basis of and terms and conditions applicable to the conversion, exchange or exercise; (ii) increase share capital to the extent required to accommodate requests for conversion; and (iii) exclude the pre-emptive rights of the shareholders in connection with the issues, limited to a maximum nominal amount of 20% of the share capital, including such amount as may arise from the approval and implementation of the proposed resolution set forth in item fourteen of the agenda.

ITEM RELATING TO THE REMUNERATION OF THE MEMBERS OF THE BOARD OF DIRECTORS:

Seventeen.- Approval, if appropriate, of the amendment of the Policy of Remuneration of Directors of Siemens Gamesa Renewable Energy, Sociedad Anónima 2019-2021 pursuant to the provisions of section 529 novodecies of the Corporate Enterprises Act.

ITEMS RELATING TO GENERAL MATTERS:

Eighteen.- Amendment of the Regulations for the General Meeting of Shareholders.

• 18.1 Amendment of articles 9, 11, 17, 27, 28 and 29 regarding the right to receive information and to make presentations at a General Meeting.

• 18.2 Amendment of article 15 regarding the public request for proxy representation.

• 18.3 Amendment of articles 6, 7, 8, 23, 24, 31 and 36 to make other technical improvements.

• 18.4 Amendment of article 20 and introduction of new additional provision regarding remote attendance at the General Meeting.

Nineteen.- Delegation of powers for the formalisation and implementation of all the resolutions adopted by the shareholders at the General Meeting of Shareholders, for the conversion thereof into a public instrument and for the interpretation, correction, supplementation or further development thereof until all required registrations are accomplished.

ITEM SUBMITTED TO A CONSULTATIVE VOTE:

Twenty.- Consultative vote on the Annual Report on Remuneration of Directors of Siemens Gamesa Renewable Energy, Sociedad Anónima for financial year 2019.

I.

Rules for Conducting the General Meeting

Within the framework of the commitments assumed by Siemens Gamesa Renewable Energy, Sociedad Anónima in its Corporate Governance Policy, and in order to encourage the informed participation of the shareholders at the General Meeting of Shareholders, the Board of Directors of the Company has approved Rules for Conducting the General Meeting that systematise and further develop the regulations governing the General Meeting of Shareholders. For this General Meeting, the Board of Directors has also resolved to approve a shareholder's guide with a question-and-answer format to facilitate an understanding of these rules of operation and complement them where required. The referred Rules for Conducting the General Meeting and the shareholder's guide will be jointly referred to as ("Supplementary Documents").

The Rules for Conducting the General Meeting, as well as the shareholders' guide, are available to all shareholders on the Company's corporate website(www.siemensgamesa.com) and at the Shareholder's Office (Address: Parque Tecnológico de Bizkaia, Edificio 222,

Ibaizabal Bidea, 48170 Zamudio (Biscay)).

II.

Rights to Attend, to Proxy Representation and to Absentee Voting

The holders of at least one share having the right to vote may attend the General Meeting of Shareholders and take part in the deliberations thereat, with the right to be heard and to vote, provided that they have the shares registered in their name in the respective book-entry register five calendar days in advance of the day set for the holding of the General Meeting of Shareholders on first or second call, as applicable, i.e. at or before 23:59 on July 17 or July 18, respectively.

All shareholders having the right to attend may be represented at the General Meeting of Shareholders by another person, whether or not a shareholder, by giving a proxy in writing or by postal or electronic correspondence in a manner such that adequate evidence of the identity of the shareholder giving the proxy is provided.

Shareholders having the right to attend may also cast an absentee vote on the proposals relating to items included in the agenda, either by post (by sending the attendance, proxy and absentee voting card to the Shareholder's Office of Siemens Gamesa Renewable Energy,

Sociedad Anónima, located at Edificio 222, Parque Tecnológico de Bizkaia, Ibaizabal Bidea, 48170 Zamudio (Biscay)) or electronically (issued using a valid digital certificate (electronic DNI or electronic certificate issued by the Royal Spanish Mint (Fábrica Nacional de Moneda y Timbre-Real Casa de la Moneda) (FNMT-RCM) in respect of which no revocation has been recorded), or with their user name and password) using the application available on the corporate website(www.siemensgamesa.com).

The rights to attend, to proxy representation and to absentee voting shall be exercised pursuant to the provisions of the Corporate Enterprises Act (Ley de Sociedades de Capital), the By-Laws and the Regulations for the General Meeting of Shareholders, and in accordance with the instructions contained in the Supplementary Documents.

The sample form of attendance, proxy and absentee voting card is available to all shareholders on the Company's corporate website(www.siemensgamesa.com)and at the Shareholder's

Office (Parque Tecnológico de Bizkaia, Edificio 222, Ibaizabal Bidea, 48170 Zamudio (Biscay)).

In order to verify the identity of the shareholders or of those who validly represent them, at the entrance of the venue where the General Meeting is held, attendees may be requested to verify their identity by presenting a National Identity Document or any other official document generally accepted for these purposes.

III. Additional provisions derived from the risk for health status derived from the COVID-19 pandemic a. General considerations Pursuant to the provisions of section 41.1.c) of Royal Decree Law 8/2020 of 17 March on Urgent Measures to Confront the Economic and Social Impact of COVID-19 (the "RD-Law 8/2020") and article 19.3 of the Regulations for the General Meeting, the Board of Directors has decided that, if the situation prevent the holding of the general meeting in the place and physical offices established in the call to meeting, the 2020 General Meeting of Shareholders shall be held at the registered office (Parque Tecnológico de Bizkaia, Edificio 222, Zamudio, Biscay), on the same date (Wednesday 22 July 2020) and at the same time (12:00) communicated in this call to meeting, what will be announced according to legal requirements. Likewise, it is stated that, for purposes of section 180 of the Companies Act, and section 12.2 of the Regulations for the General Meeting of Shareholders, members of the Board of Directors, other that its Chairman, will be entitled to attend the General Meeting through audioconference or videoconference devices. b. Inability to attend in person. Remote attendance to the General Meeting of Shareholders According to section 41.1.d) of the RD-Law 8/2020 if any kind of measures from administrative or sanitary authorities were in place which limit or impede holding the General Meeting of Shareholders with physical attendance of shareholders and their representatives (shall it be a state of alarm or not), the General Meeting of Shareholders 2020 will be held on the same date and time expected in this announcement of the call exclusively through remote attendance. For such purposes, the Board of Directors will enable the extraordinary ability for the General Meeting to be held using on-line means allowing for a real-time connection with the venue at which the Meeting will be held, on the terms set forth below and To allow on-line attendance by the shareholders, upon the terms set out below and further elaborated in the Supplementary Documents available on the corporate website(www.siemensgamesa.com). In that case,

shareholders will be informed according to legal provisions. For the sake of clarity, in other cases different to the mentioned in paragraph above, the option for remote attendance though telematic devices which allow on-line connection with the venue where the General Meeting will take place will not be available If the General Meeting must be held without the physical attendance of shareholders and their proxy representatives , shareholders who wish to participate in the General Meeting of Shareholders may do so by (i) on-line; (ii) granting their proxy by remote means of communication; or (iii) voting in advance through remote means of communication, upon the terms set forth in this call to meeting and further described in the Rules for Conducting the General Meeting available on the corporate website(www.siemensgamesa.com). The General

Meeting will be considered to be held at the registered address. The mechanisms for remotely attending the Meeting will be made available, if required, on the Company's corporate website(www.siemensgamesa.com)at 09:00 on 20 July 2020.

Shareholders who wish to attend remotely, on either first or second call, must register themselves in advance no later than 15:00 on 21 July 2020 if the General Meeting is held on first call as initially expected, or than 15:00 on 22 July 2020 if held on second call. Shareholders who wish to attend by proxy representative will communicate with the Company as per indications in the Supplementary Documents for the accreditation of the representation. Shareholders (or their proxy representatives) already registered will need to connect between 11:00 and 11:30 of the date when the General Meeting is held, on first or second call, and follow the instructions indicated by the electronic platform.

Pursuant to the provisions of section 41.1.c) of Royal Decree Law 8/2020 of 17 March on

Law irectors has decided that, if the situation prevent the holding of the general meeting in the place and physical offices established in the call to meeting, the 2020 General Meeting of Shareholders

• o de Bizkaia, Edificio 222, Zamudio,

Biscay), on the same date (Wednesday 22 July 2020) and at the same time (12:00)

purposes of section 180 of the Companies Act, and section 12.2 of the Regulations for the General Meeting of Shareholders, members of the Board of Directors, other that its Chairman, will be entitled to attend the General Meeting through audioconference

Law 8/2020 if any kind of measures from administrative mit or impede holding the General Meeting of

Shareholders with physical attendance of shareholders and their representatives (shall it be a state of alarm or not), the General Meeting of Shareholders 2020 will be held on the same date this announcement of the call exclusively through remote attendance. For such purposes, the Board of Directors will enable the extraordinary ability for the General t line attendance by the shareholders, upon the terms set out below and further elaborated in the Supplementary). In that case,

For the sake of clarity, in other cases different to the mentioned in paragraph above, the option line connection with the venue

If the General Meeting must be held without the physical attendance of shareholders and their

• o wish to participate in the General Meeting of line; (ii) granting their proxy by remote means of communication; or (iii) voting in advance through remote means of communication, upon the eting and further described in the Rules for Conducting the). The General

The mechanisms for remotely attending the Meeting will be made available, if required, on the)at 09:00 on 20 July 2020.

otely, on either first or second call, must register themselves in advance no later than 15:00 on 21 July 2020 if the General Meeting is held on first call as initially expected, or than 15:00 on 22 July 2020 if held on second call. Shareholders

• o attend by proxy representative will communicate with the Company as per indications in the Supplementary Documents for the accreditation of the representation. Shareholders (or their proxy representatives) already registered will need to connect between 11:00 and 11:30 of the date when the General Meeting is held, on first or second call, and follow