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Shoals Technologies Group Appoints Aaron Zadeh as Country Manager, Pacific to Support the Acceleration of Solar Growth in the Region

1. Shoals appoints Aaron Zadeh as Country Manager for the Pacific region. 2. This role will enhance Shoals' presence in Australia's solar market. 3. Zadeh brings over two decades of solar and energy storage experience. 4. His leadership aims to drive innovation and growth in renewable projects. 5. Shoals targets to meet rising demand for advanced solar infrastructure.

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Why Bullish?

Aaron Zadeh's expertise and leadership can enhance Shoals' market position, similar to past successes in executive appointments that stimulated growth in renewable sectors.

How important is it?

The article outlines a significant leadership change aiding Shoals in a growing renewable energy market.

Why Long Term?

New appointments typically strengthen market position, but the benefits may take time to fully materialize.

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ENPHSEDGSPWR
PORTLAND, Tenn., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today the appointment of Aaron Zadeh as Country Manager, Pacific responsible for Shoals business in Australia, New Zealand and the Pacific islands. This strategic appointment reinforces the company’s commitment to advancing clean energy solutions in one of the world’s most promising solar markets. Aaron is a seasoned energy executive with over two decades of experience driving innovation, strategic growth, and large-scale project delivery across the solar and energy storage sectors. His leadership spans diverse and dynamic markets including Australia, Asia-Pacific, Europe, the UK, and the Middle East. Prior to joining Shoals, Aaron held senior roles at industry leaders such as Array Technologies FIMER, ABB, and AGL. He was instrumental in pioneering initiatives like establishing local manufacturing for Array trackers and developing FIMER and ABB’s inverter and medium-voltage skid integration center. His deep technical and commercial expertise has contributed to the successful deployment of renewable energy projects globally. “Australia is entering a transformative phase in its energy journey, and Aaron’s appointment reflects our confidence in the region’s potential,” said Gary Uren, Senior Vice President & General Manager of Shoals International Business. “Aaron’s deep expertise in solar and storage, combined with a proven ability to lead complex initiatives across global markets, makes him the ideal leader to scale our impact and deliver innovative solutions for our customers in the region.” Aaron holds an engineering degree in Materials Science and Solar Power, and a Master of Business Management from the University of New South Wales (UNSW). With Aaron’s appointment, Shoals is poised to expand its footprint in Australia, supporting the country’s ambitious renewable energy targets and growing demand for advanced solar infrastructure. About Shoals Technologies Group, Inc. Shoals Technologies Group is a leading provider of electrical balance of systems (EBOS) solutions for the energy transition market. Since its founding in 1996, the Company has introduced innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability. Shoals Technologies Group is a recognized leader in the renewable energy industry. For additional information, please visit: https://www.shoals.com. Forward Looking Statements: This press release contains certain forward-looking statements that are based on the Company’s management’s beliefs and assumptions and on information currently available to the Company’s management. These forward-looking statements relate to, among other things, the Company’s expansion of its international footprint and the expected benefits thereof. Forward-looking statements include statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” “would” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Some of the key factors that could cause actual results to differ from the Company’s expectations include those discussed under the caption “Risk Factors” included in the Company’s most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and other documents filed with the Securities and Exchange Commission. Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent the Company’s management’s beliefs and assumptions only as of the date of this report. You should read this report with the understanding that the Company’s actual future results may be materially different from what the Company expects. Except as required by law, the Company assumes no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. For media inquiries, please contact: Public RelationsLindsey Williams, VP of Marketing and External CommunicationsLindsey.williams@shoals.com Investor Relations Matt Tractenberg, VP of Finance and Investor Relationsinvestors@shoals.com

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