Yves Rannou to join Senvion as CEO on 1st January 2019

As an industry expert with proven track record in the renewable energy industry Rannou will lead Senvion through the next phase of international growth and will further drive the company's efficiency progress.

Steven Holliday, Chairman of the Supervisory Board, said: "We are delighted that Yves is able to join us in January, will finalize the overall strategic approach and will be leading the implementation of all operational decisions right from the beginning of the new year. l want to welcome him on behalf of the entire Senvion team and the Supervisory Board. We also want to thank Manav Sharma and David Hardy for their excellent stewardship over the past months."

Yves Rannou, CEO of Senvion, said: "I am very much looking forward to start at Senvion. The company provides a perfect basis to continue its global growth. As for all industry players the next years are crucial and though they offer challenges, they also offer great opportunities. I am glad to become part of the Senvion team and together with the senior leadership team ensure that the company is making the transitions needed to remain an industry leader in an innovative and very future relevant industry."

About Yves Rannou

Yves Rannou has a long track record as an experienced senior executive in the renewable energy industry. In his previous roles he served in various global positions at General Electric and Alstom. Most recently, Rannou was President and Chief Executive Officer of GE Renewable Energy's Hydro division. Before joining GE in late 2015 following the acquisition of Alstom he spent more than 18 years at the French multinational. During this time, he was responsible for all activities related to Alstom's onshore and offshore wind business while serving as Senior Vice President of the business.