Fluence Energy to issue 59.6M Class A shares to Siemens in unit redemption

Fluence Energy, Inc.

Siemens Industry exercises redemption for 59,586,695 common units, to be settled with 59,586,695 Class A shares.
Settlement expected July 7, 2022; shares issued under Section 4(a)(2) exemption from registration.
Siemens transferring interest to parent Siemens AG; no change in overall percentage ownership.
Siemens AG succeeds to Stockholders Agreement rights, including nomination of three board members.

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