Directors' Dealings

Disclosures regarding directors’ dealings pursuant to Section 15a
[German] Securities Trading Act (Wertpapierhandelsgesetz - WpHG)

This section contains disclosures by Phoenix Solar AG regarding securities transactions by members of the Supervisory Board and Management Board.
The issuer is required to publish the notification on its website. The notification must be published for at least one month.

Issuer
Phoenix Solar AG
Hirschbergstraße 8
85254 Sulzemoos