31 March 2023

Aquila European Renewables plc

Notice of Results

Aquila European Renewables plc ("AER" or "the Company"), the London-listed investment company advised by Aquila Capital Investmentgesellschaft mbH (the "Investment Adviser"), will announce its results for the period ended 31 December 2022 at 7am (BST) on Wednesday 26 April 2023.

The AER team will host a presentation for analysts at 9am (BST) on Wednesday 26 April 2023. Analysts that would like to join the presentation can register their details by contacting Kanayo Agwunobi at Edelman Smithfield via email at [email protected] or by phone on +44 (0)758 101 0560.

Further meeting details will be shared with confirmed attendees ahead of the presentation.

Ends

For further details contact:

Media Contacts

Edelman Smithfield

Ged Brumby 07540 412301

Kanayo Agwunobi 07581 010560

Sponsor, Broker and Placing Agent

Numis Securities 020 7260 1000

Tod Davis

David Benda

Vicki Paine

NOTES

The objective of Aquila European Renewables plc is to provide investors with an attractive long-term, income-based return in EUR through a diversified portfolio of wind, solar PV and hydropower investments across continental Europe and Ireland. Through the diversification of generation technologies, the seasonal production patterns of these asset types complement each other to balance the cash flow, while the geographic diversification serves to reduce exposure to one single energy market. In addition, a balance is maintained between government supported revenues, fixed price power purchase agreements and market power price risk.

www.aquila-european-renewables.com

LEI Number: 213800UKH1TZIC9ZRP41