On September 16, 2022, the Board of Directors of Fluence Energy, Inc. appointed Mr. Ricardo Falu to serve as a director on the Company's Board to fill the AES Grid Stability, LLC designee vacancy, pursuant to AES Grid Stability's director appointment right under the Company's Stockholders Agreement, dated as of October 27, 2021, by and among the Company, Siemens Industry, Inc. AES Grid Stability, and Qatar Holding LLC, with immediate effect. Mr. Falu will serve for a term expiring at the Company's annual meeting of stockholders to be held in 2023 and until his respective successor is duly elected and qualified or his earlier death, disqualification, resignation or removal, subject to the terms of the Stockholders Agreement.