Siemens Gamesa Renewable Energy S A : Announcement of the call to the 2021 General Meeting of Shareholders

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

2021 ANNUAL GENERAL MEETING OF SHAREHOLDERS

At its meeting of 9 February 2021, 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, March 17 2021 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, March 18 2021 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 2020.

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 2020.

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 2020.

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 2020.

ITEM RELATING TO THE ALLOCATION OF PROFITS/LOSSES:

Five.- Examination and approval, if appropriate, of the proposed allocation of profits/losses of Siemens Gamesa Renewable Energy, Sociedad Anónima for the financial year ended on 30 September 2020.

ITEMS RELATING TO THE COMPOSITION OF THE BOARD OF DIRECTORS:

Six.- Ratification of the appointment by co-option and re-election of Mr Tim Dawidowsky 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.- Re-election of Ms Mariel von Schumann 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.- Re-election of Mr Klaus Rosenfeld 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.

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

AUDITOR:

Nine.- 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 2021.

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

Ten.- Approval of a new Policy of Remuneration of Directors of Siemens Gamesa Renewable Energy, Sociedad Anónima for financial years 2022, 2023 and 2024.

ITEM RELATING TO REMUNERATION SYSTEMS:

Eleven.- Examination and approval, if appropriate, of a Long-Term Incentive Plan for the period from fiscal year 2021 through 2023, involving the delivery of shares of the Company and tied to the achievement of certain strategic objectives, addressed to the CEO, Top Management, certain Senior Managers and employees of Siemens Gamesa Renewable Energy, Sociedad Anónima and, if appropriate, of the subsidiaries, and delegation of powers to the Board of Directors, with express power of substitution, to implement, elaborate on, formalise and carry out such remuneration system.

ITEM RELATING TO GENERAL MATTERS:

Twelve.- 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:

Thirteen.- Consultative vote on the Annual Report on Remuneration of Directors of Siemens Gamesa Renewable Energy, Sociedad Anónima for financial year 2020.

INFORMATION TO BE PROVIDED TO THE SHAREHOLDERS AT THE GENERAL MEETING OF SHAREHOLDERS:

Information will be provided to the shareholders at the General Meeting of Shareholders regarding the amendments to the Regulations of the Board of Directors approved on August 5 and November 27, 2020.

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 Supplementary Documents 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 March 12 or 13, 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.

Remote attendance to the General Meeting of Shareholders

The Board of Directors has agreed to enable the 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).

The shareholders who wish to participate in remote 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 mechanisms for remotely attending the Meeting will be made available on the Company's corporate website(www.siemensgamesa.com)at 09:00 on 15 March 2021. Shareholders who wish to attend remotely, on either first or second call, must register themselves in advance no later than 15:00 on 16 March 2021 if the General Meeting is held on first call as initially expected, or than 15:00 on 17 March 2021 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 10:30 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.

For those persons remotely attending the Meeting, the mechanisms for remote attendance will shut down at the end of the General Meeting or, if applicable, upon verification of the lack of a sufficient quorum.

The form and time of exercising rights via remote attendance are further developed in the

Supplementary Documents, which are available 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)) as well as in the instructions available on the platform to be activated for that purpose, which will likewise be considered as part of the Supplementary Documents.

Shareholders who attend on-line and who intend to make a presentation at the General Meeting and make any proposed resolutions or request information or clarifications must do it in writing at the time of their registration in any of the forms set forth in the software application (by using the form that will be set on it, or by attaching a document with the corresponding information). If a shareholder desires that their presentation be recorded verbatim in the minutes of the meeting, they must expressly so reflect in said presentation form.

Requests for information or clarifications by shareholders attending on-line will be answered in writing within seven days following the holding thereof, without prejudice to a verbal response during the General Meeting of Shareholders in the manner set forth in the Rules for Conducting the General Meeting, if the chair so deems appropriate.