AEG Power Solutions Appoints Bob Roos as Vice President of Its Solar Business

Regulatory News:

Bob Roos, VP and General manager of the Solar SBU of AEG Power Solutions (Photo: Businesswire)

AEG Power Solutions, global leading manufacturer of power electronic systems and solutions for industrial power supplies and renewable energies, announces the appointment of Bob Roos (48) as the new Vice President and General Manager of its Solar Business Unit. In his role Bob Roos is responsible for the worldwide growth strategy of the solar business which includes solar inverters, systems and monitoring tools for solar power plants. His primary tasks include the international expansion especially in Eastern Europe, India and North America, forming strategic partnerships and focusing on the utility scale and large commercial segments.

"We are pleased to have found an experienced manager to pursue our global solar strategy, to reach the ambitious goals we have in this field and to succeed Enrique de la Cruz who regrettably has decided to leave the company for personal reasons”, explains Horst Kayser, AEG Power Solutions CEO. "Bob Roos’ time as Managing Director of Ecostream Spain and PV Solutions in Barcelona has given him deep knowledge and first-hand experience of the fast moving global PV solar industry and its challenges and opportunities.”

The Solar Business Unit and the Power Controller Business Unit for polysilicon manufacturing are the two pillars of the Renewable Energy Solutions (RES) Segment of AEG PS, which is the most important growth driver of the company.

Bob Roos is a native Dutch. He started his career in 1981, with Ernst & Young initially in the Netherlands. He moved to Barcelona in 1993, where he finally was Director Transaction Advisory Services, responsible for M&A activities in Spain. In 2008 Bob Roos joined Ecostream Spain, which became PV Solutions, as Managing Director. Bob Roos is a chartered accountant and holds a business degree from IESE Business School in Barcelona.

The appointment as Vice President and General Manager of the Solar Business Unit is effective immediately.

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About AEG Power Solutions

AEG Power Solutions Group is a global provider of power electronic systems and solutions for all industrial power supplies and offers one of the most comprehensive product and service portfolios in the area of power conversion and power controlling. The two complementary operating business units Renewable Energy Solutions (RES) and Energy Efficiency Solutions (EES) are serving customers worldwide. The RES product and service portfolio consists of systems and solutions for solar power plants like solar inverter, monitoring and control systems as well as power controller. The EES product and service portfolio includes high performance uninterruptable power supplies (USPs), industrial power controller and DC-converter.

Thanks to its distinctive expertise, bridging both AC and DC power technologies and spanning the worlds of both conventional and renewable energy, the company creates innovative solutions for smart grids.

AEG PS’ footprint is global including 17 subsidiaries and competence centers around the world, employing 1,650 employees.

AEG Power Solutions Group is the sole subsidiary of the holding company 3W Power S.A. (WKN A0Q5SX / ISIN GG00B39QCR01), based in Zwanenburg in the Netherlands. Shares and warrants of 3W Power are admitted to trading on NYSE Euronext, Amsterdam (ticker symbol: 3WP and 3WPW, respectively). Additionally, the shares are traded on the Frankfurt Stock Exchange (ticker symbol: 3W9)

For more information go to: www.aegps.com.

This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of 3W Power. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of 3W Power and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of 3W Power and the actual results of 3W Power may materially differ from the information expressed or implied in the forward-looking statements. As a result, investors are cautioned against relying on the forward-looking statements contained herein as a basis for their investment decisions regarding 3W Power.

3W Power undertakes no obligation to update or revise any forward-looking statement contained herein.

AEG is a registered trademark used under license from AB Electrolux AEG Power Solutions/3W Power Weerenweg 29 l 1161AG Zwanenburg l The Netherlands

Tel: +31 204 077 800 l Fax: +31 204 077 875 l

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