Documents regarding agenda item 12: Remuneration Report of PNE AG for the 2021 Fiscal Year

Annual General Meeting 2022

PNE AG

ENERGY

WITH PERSPECTIVE

PNE

pure new energy

PNE INVITATION GENERAL MEETING 2022 > Table 3 Implementing Regulation (EU) 2018/1212

Information pursuant to Section 125 (2) German Stock Corporation Act (AktG) in conjunction with Section 125 (5) AktG, Article 4 (1) and Table 3 of the Annex to Implementing Regulation (EU) 2018/1212

Type of Information

A. Specification of the message

1. Unique identifier of the event

2. Type of message

B. Specification of the issuer

Description

Convocation of the Annual General Meeting on May 18, 2022

Format pursuant to Implementing Regulation (EU) 2018/1212: GMETPNE30522

Convocation of the Annual General Meeting Format pursuant to Implementing Regulation (EU) 2018/1212: NEWM

• 1. ISIN

  DE000A0JBPG2

• 2. Name of issuer

C. Specification of the meeting

1. Date of the General Meeting

2. Time of the General Meeting

PNE AG

May 18, 2022

Format pursuant to Implementing Regulation (EU) 2018/1212: 20220518

10:00 hours (CEST)

Format pursuant to Implementing Regulation (EU) 2018/1212: 8:00 UTC

PNE INVITATION GENERAL MEETING 2022 > Table 3 Implementing Regulation (EU) 2018/1212

Type of Information

Description

3. Type of General Meeting

4. Location of the General Meeting

5. Record Date

6. Uniform Resource Locator (URL)

Annual General Meeting as a virtual event without the physical presence of shareholders or their proxies

Format pursuant to Implementing Regulation (EU) 2018/1212: GMET

Location of the General Meeting as defined by the German Stock Corporation Act: Peter-Henlein-Str. 2-4, 27472 Cuxhaven.

URL to the GM online-service as virtual venue:https://ir.pne-ag.com/hv

The shareholding entered in the stock register on the day of the General Meeting is the decisive criterion for exercising participation and voting rights. For organisational reasons, applications for changes to the stock register that are received by the company after May 11, 2022, midnight (CEST)/22:00 UTC will not be registe-red in the share register up to and including the day of the General Meeting (registration stop). The technical record date is therefore May 11, 2022, midnight (CEST)/22:00 UTC.

Format pursuant to Implementing Regulation (EU) 2018/1212: 20220511https://ir.pne-ag.com/hv

PNE INVITATION GENERAL MEETING 2022 > Agenda

PNE AG

Cuxhaven

- WKN A0JBPG - / - ISIN DE 000 A0J BPG 2 -

INVITATION TO THE ANNUAL GENERAL MEETING

Dear shareholders,

We hereby invite you to

the virtual Annual General Meeting to be held without the shareholders or their proxies being physically present

which will take place on Wednesday, May 18, 2022 at 10:00 hours (CEST).

For shareholders of PNE AG, the virtual General Meeting will be broadcast live on the Internet. The share-holders will exercise their voting rights exclusively by postal vote or by issuing powers of attorney to the Company-appointed proxies (Stimmrechtsvertreter). The venue of the General Meeting within the meaning of the German Stock Corporation Act (Aktiengesetz) is Peter-Henlein-Str. 2-4, 27472 Cuxhaven, Germany.

• 1. Presentation of the Adopted Annual Financial Statements of PNE AG as of December 31, 2021, the Approved Consolidated Financial Statements as of December 31, 2021, the Consolidated Management Report for PNE AG and the Group as well as the Supervisory Board's Report for the 2021 Fiscal Year

  The Supervisory Board has approved the annual financial statements and the consolidated financial statements, each as prepared by the Board of Management; therefore, the annual financial state-ments are deemed adopted pursuant to Section 172 sentence 1 of the German Stock Corporation Act. A resolution by the General Meeting is therefore not required. The above-referenced documents will be explained in more detail in the General Meeting.

• 2. Resolution on the Appropriation of the Retained Profit for the 2021 Fiscal Year

  The Board of Management and the Supervisory Board propose that the retained profit for the 2021 fiscal year disclosed in the adopted annual financial statements of PNE AG and amounting to EUR 231,127,360.22 be appropriated as follows:

  Distribution of a dividend of EUR 0.04 for each no-par value share entitled to dividend;

  with 76,336,531 no-par value shares entitled to dividend, this results in € 3.053.461,24

  Distribution of a special dividend of EUR 0.04 for each no-par value share entitled to dividend;

with 76,336,531 no-par value shares entitled to dividend, this results in

• € 3.053.461,24

  Balance to be carried forward

• € 225.020.437,74

  Retained profit

• € 231.127.360,22