Nordex high yield wind turbines for all wind

Nordex high yield wind turbines for all wind regimes November 2015

COMPANY PROFILE NORDEX SE Nordex at a glance Installed capacity (10. 7 GW) Ø Global manufacturer of wind energy systems with a focus on turbines in the 2 -3 MW class America Africa 2% 8% Asia 10% Ø Most extensive and consistent use of platform technology in the industry; variants for different wind and climate conditions leveraging shared components Other Europe 57% Ø Production sites in Germany (Rostock – blades and nacelles) Ø Headquartered in Germany (Hamburg) and USA (Chicago); subsidiaries in more than 20 other countries Germany 23% By region Small (<1. 0 MW) 7% Ø Listed company in the German Tec. Dax MMW Class Ø Main shareholder Skion/momentum (22. 8%), rest is freefloat 1 (2. 3 -3. 3 MW) By segment 71% Mainstream (1. 3/1. 5 MW) 22% Ø Revenues 2015: EUR 1. 74 bn < Ø >3, 000, employees as of 2015 Ø Track record as of 1/2015: >6, 000 turbines and >10, 700 MW in 32 ) as of Dec. 2014 countries worldwide 1 Company Presentation | Nordex Asia 2

NORDEX ACQUIRES ACCIONA WINDPOWER Nordex is acquiring Acciona Windpower from its parent company Acciona S. A. against cash and Nordex shares. The deal will close in the 1 st quarter of 2016. Until then the parties continue as separate companies. Nordex Delta Generation / Nordex Energy Gmb. H 3

FOCUSED SALES APPROACH LEAD TO DOUBLE DIGIT MARKET SHARES IN MANY FOCUS MARKETS Currently focused on ~20 countries – market position 2014 Sweden Market share 2014: 10% UK Market share 2014: 10% Order intake: +58% Finland Market share 2014: 40% Order intake: +52% Germany Market share 2014: 9% Order intake: + 28% Ireland Market share 2014: 47% Pakistan Market share 2014: 66% France Market share 2014: 10% Order intake: +200% Turkey Market share 2014: 20% Order intake: +67% Chile Subsidiary established Uruguay Market share 2014: 14% Major order of 142 MW received Company Presentation | Nordex Asia South Africa Market share 2014: 20% Qualified for 111 MW round 3 EUROPE Market share 2014: 10% 10% GLOBAL Market share 2014: 3% Order intake: + 17% 4

NORDEX EVOLUTIONARY DEVELOPMENT 15 years and more than 9, 500 MW * *commissioned /under construction as of Jan 2015 Generation Delta Generation Gamma Generation Beta Generation Alpha N 90/2500 N 100/3300 N 117/3000 N 131/3000 N 80/2500 N 90/2500 N 100/2500 N 117/2400 N 80/2500 Global fleet availability in 2013 / 2014 ~98 Turbines under Nordex Service 2000 Nordex Delta Generation / Nordex Energy Gmb. H 2007 2010 % 2013 5

NORDEX MULTI MW PLATFORM Rotor diameter 131 m Generation DELTA N 131/3000 117 m N 117/3000 N 117/2400 100 m Generation GAMMA N 100/2500 N 100/3300 8, 0 N 90/2500 9, 5 90 m 6, 0 6, 5 7, 0 7, 5 8, 5 9, 0 10, 0 Wind speed [m/s] IEC 3 a Nordex Delta Generation / Nordex Energy Gmb. H IEC 2 a IEC 1 a 6

GENERATION DELTA VARIANTS N 100/3300 91 m 99 m 85 m 120 m 114 m 100 m Wind class N 131/3000 75 m Hub heights N 117/3000 141 m* 134 m IEC 1 a IEC 2 a IEC 3 a DIBt 3 / DIBt 2 NCV (-20 ºC…+40 ºC) CCV (-30 ºC…+40 ºC) HCV (-20 ºC…+45 ºC) NCV (-20 ºC…+40 ºC) CCV (-30 ºC…+40 ºC) according to IEC 61400 -1 Wind zone according to DIBt 2012 Climate versions (operating range) Altitude of installation Sound power Up to 2, 000 m 105. 5 d. B(A) 106. 0 d. B(A) 104. 5 d. B(A) * IEC 3 a Nordex Delta Generation / Nordex Energy Gmb. H 7

DIVERSE TOWER PORTFOLIO FOR HEIGHT RESTRICTED SITES N 131/3000 N 117/3000 N 100/3300 85 IEC 3 a IEC 2 a IEC 1 a Windclass acc. to IEC 61400 -1 Nordex Delta Generation / Nordex Energy Gmb. H 8

CONFIRMATION OF POWER AND SOUND EMISSION PROPERTIES N 100/3300 N 117/3000 Power Curve LWA<105. 5 d. B(A) Noise levels Power Quality Test report by DNV GL received Nordex Delta Generation / Nordex Energy Gmb. H LWA<106. 0 d. B(A) Test report by DNV GL received 9

GENERATION DELTA PROVEN TECHNOLOGY AT THE NEXT STAGE OF EVOLUTION Improved service and HSE friendliness: § Protected hub access § Safe and ergonomic hub and nacelle layout Designed for reliability: Evolutionary optimization of subsystems § Fast and safe control infrastructure § Advanced slip ring § Optimized cooling Nordex Delta Generation / Nordex Energy Gmb. H 10

NORDEX IN ASIA Headquartered in Beijing, branches in Singapore & Pakistan Asian projects completed or in progress Asian projects in progress Promising markets Asian headquarter: Beijing Asian branch offices Nordex approved tower supplier based in Vietnam 11

QUESTIONS & ANSWERS Check out our Generation DELTA Microsite: www. nordex-online. com/delta Nordex Delta Generation / Nordex Energy Gmb. H 12

CONTACT Nordex Asia Phone: Fax: e. Mail: +86 (10)8453 5188 +86 (10)8453 5158 China@nordex-online. com Nordex Asia Room 808, First Shanghai Center, No. 39, Liangmaqiao Road, Chaoyang District, Beijing, China, 100125 13

BACK-UP 14

PROVEN TECHNOLOGY AND SUPPLIERS Electrical system (DFIG) § Proven and highly economical solution § Not dependent on permanent magnets § Grid compatible Drive train concept Tower designs § Modular drive train layout § Proven tower design with three point suspension solutions § Tried and tested gear § Standard steel towers box concept from qualified § Hybrid precast concrete and established suppliers tower Main technical concepts and supplier setup for main components identical for Generation DELTA and Generation GAMMA 15

N 117/3000 AND N 100/3300: DELIVERED ON TIME Spring 2014: Power curve and sound power measurements and validation reports June 2013: DIBt Typenprüfung and IEC DECS received on time February 2013: Launch of Generation Delta at EWEA 2013, Vienna Summer 2013: First installations of N 117/3000 and N 100/3300 on different tower heights, as well as with Anti Icing Early 2014: start of serial production Dec. 2014: Type Certificate 16

HIGHLIGHTS § 2014 was a very good year § Strong demand in focus markets § Sales + 21%, EBIT + 1. 4 ppt to 4. 5%, free cash flow of EUR 89 m § Order intake + 17% § Successful market launch of the new Generation Delta N 131/3000 § Implementation of medium-term strategy going according to plan § 2015 has started well, positive order momentum continues § 2017 sales target may be achieved earlier than previously expected Company Presentation | Nordex Asia 17