SIEMENS GAMESA RENEWABLE ENERGY, S.A.

INSIDE INFORMATION

As per section 226 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 inside information:

The rating agency Standard&Poors has upgraded the credit rating of Siemens Gamesa Renewable Energy, S.A. (SGRE) to BBB outlook stable from BBB- outlook positive in order to equalize the rating on SGRE with the ratings on its controlling shareholder Siemens Energy AG (SE). Standard&Poors views SGRE as a core subsidiary and in consequence the rating on SGRE will move in tandem with the rating on SE.

In Zamudio (Bizkaia), on 28 September 2020

Andreas Nauen

Chief Executive Officer

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Siemens Gamesa Renewable Energy SA published this content on 28 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 September 2020 18:39:01 UTC