Yesterday after market close, SMA Solar reacted to our report and stated that our findings were not valid and misleading. We would like to respond word for word to SMA’s answer, but it is easier to show that SMA Solar’s statements are misleading and inaccurate. In our response we will debunk SMA Solar’s allegation and highlight how the company misled investors by not prominently disclosing that SMA Solar had to restate its 2021 financial statements. In addition, we attached our questionaire that is still unanswered by SMA Solar.