Fluence Names Senior Vice President, Chief Product and Supply Chain Officer, Strengthening Unified Organization to Drive Speed, Innovation, and Customer Value

ARLINGTON, Va., April 01, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. ("Fluence" or the "Company") (NASDAQ:FLNC), a global market leader delivering intelligent energy storage, services, and asset optimization software, today announced the expansion of Mr. Peter Williams' current role to the position of Senior Vice President and Chief Product and Supply Chain Officer. In this expanded role, Mr. Williams will oversee the Company's unified product and supply chain organization, with the view of accelerating our product development cycle and continue strengthening our ability to offer solutions at competitive prices and unmatched capabilities.

"Peter has been an incredible asset to our team, successfully scaling Fluence's supply chain and manufacturing organization to the level of excellence we see today," said Fluence President and Chief Executive Officer Julian Nebreda. "We believe combining product and supply chain under Peter's strategic leadership will help ensure seamless integration of these critical areas, optimizing performance and speed to market. I'm confident that this unified approach will be instrumental in driving the success of Smartstack, Fluence's novel storage platform that provides a leading density offering in the market with exceptional performance capabilities."

"I'm honored to take on this new role and further strengthen the connection between product development and supply chain excellence at Fluence," said Mr. Williams. "The integration of these areas is essential to delivering industry-leading solutions like Smartstack. I look forward to leading this transformation and bringing even greater value to our stakeholders."

Mr. Williams has served as Fluence's Senior Vice President and Chief Supply Chain and Manufacturing Officer since July 2023. Prior to joining Fluence, Mr. Williams served as Senior Vice President, Global Operations at Rogers Corporation (NYSE:ROG). Prior to joining Rogers Corporation, he spent twelve years with MKS Instruments Inc., serving as Vice President, Global Operations. Preceding his time with MKS Instruments Inc., Mr. Williams was with Photon Dynamics Inc as Senior Director, Operations and with Applied Materials, Inc. as Director, Operations. Mr. Williams earned his Bachelor of Science degree in mechanical engineering from San Jose State University.



About Fluence

Fluence Energy, Inc. (NASDAQ:FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company's solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed, and under management across nearly 50 markets, the Company is transforming the way we power our world for a more sustainable future.

For more information, visit our website, or follow us on Linkedln or X. To stay up to date on the latest industry insights, sign up for Fluence's Full Potential Blog.

Cautionary Note Regarding Forward-Looking Statements

The statements described in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the anticipated impact of Mr. Williams' expanded role and leadership on the Company and the product and supply chain organizations, including on delivery of Smartstack, and the potential impact of this organizational change on our product development, business, operations, and financial results. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as "may," "possible," "will," "should," "seeks," "expects," "plans," "anticipates," "grows," "could," "intends," "targets," "projects," "contemplates," "believes," "commits," "estimates," "predicts," "potential," or "continue," or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, factors set forth under Part I, Item 1A."Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024, filed with the Securities and Exchange Commission ("SEC") on November 29, 2024, and in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.

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