Aquila European Renewables Plc RegisteredLSE: AERI

Exchange Rate for the 2nd Interim Dividend

· Issued by Aquila European Renewables Plc Registered

27 August 2024

Aquila European Renewables plc

Exchange rate for the second interim dividend for the period to 30 June 2024

Aquila European Renewables plc ("AER" or "the Company") announces that the GBP:EUR exchange rate for the second interim dividend for the quarter to 30 June 2024 of 1.4475 cents per Ordinary Share, previously announced on 1 August 2024 has been set at 1.1804.  The sterling equivalent dividend payable is 1.2263p per Ordinary Share. The dividend will be paid on 6 September 2024 to Shareholders who appeared on the register on 16 August 2024.  The Company's Ordinary Shares were marked ex-dividend on 15 August 2024.

Ends

Media contacts

Edelman Smithfield

Ged Brumby 07540-412301

Hamza Ali 07676 308914

Sponsor, Broker and Placing Agent

Numis Securities 020 7260 1000

Tod Davis

David Benda

George Shiel

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: 213800UKH1TZIC9ZRP41