First Solar Appoints Molly Joseph to Board of Directors

TEMPE, Ariz.–(BUSINESS WIRE)–First Solar, Inc. (Nasdaq: FSLR) today announced the appointment of
Molly Joseph to its board of directors.

Ms. Joseph is Chief Executive Officer of UnitedHealthcare Global and
Executive Vice President, Global, UnitedHealth Group. She assumed these
roles in May of 2014 and March of 2017, respectively, and leads overall
strategic direction and operational management of business outside the
United States. She serves on UnitedHealthcare’s Executive Council and
UnitedHealth Group’s Executive Leadership Team. From 2009 to 2014, Ms.
Joseph was Senior Vice President, Global for UnitedHealth Group, leading
the Global Markets division, as well as the strategic development of the
global business, which grew from a start-up to a $7 billion revenue
business over that period of time. Prior to her global role with
UnitedHealth Group, she led acquisitions and other strategic
transactions across the enterprise.

Prior to joining UnitedHealth Group, Ms. Joseph was an investment banker
focused on mergers and acquisitions. She began her career as a corporate
lawyer, also focused on business transactions.

Ms. Joseph currently sits on the Advisory Board of Children’s HeartLink,
a global nonprofit healthcare organization, as well as the Board of
Directors of Austin Young People’s Chorus.

She will sit on the First Solar board’s Audit and Project Development
committees.

Ms. Joseph graduated from Santa Clara University with a Bachelor of
Science degree, and received a Juris Doctorate from Georgetown Law
Center.

About First Solar

First Solar is a leading global provider of comprehensive photovoltaic
(PV) solar systems which use its advanced module and system technology.
The company’s integrated power plant solutions deliver an economically
attractive alternative to fossil-fuel electricity generation today. From
raw material sourcing through end-of-life module recycling, First
Solar’s renewable energy systems protect and enhance the environment.
For more information about First Solar, please visit www.firstsolar.com.

For First Solar Investors

This release contains forward-looking statements which are made pursuant
to safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements include statements, among
other things, concerning: effects on our financial statements resulting
from certain module manufacturing changes and associated restructuring
activities; our business strategy, including anticipated trends and
developments in and management plans for our business and the markets in
which we operate; future financial results, operating results, revenues,
gross margin, operating expenses, products, projected costs (including
estimated future module collection and recycling costs), warranties,
solar module technology and cost reduction roadmaps, restructuring,
product reliability, investments in unconsolidated affiliates and
capital expenditures; our ability to continue to reduce the cost per
watt of our solar modules; our ability to expand manufacturing capacity
worldwide; our ability to reduce the costs to construct PV solar power
systems; research and development programs and our ability to improve
the conversion efficiency of our solar modules; sales and marketing
initiatives; and competition. These forward-looking statements are often
characterized by the use of words such as “estimate,” “expect,”
“anticipate,” “project,” “plan,” “intend,” “seek,” “believe,”
“forecast,” “foresee,” “likely,” “may,” “should,” “goal,” “target,”
“might,” “will,” “could,” “predict,” “continue” and the negative or
plural of these words and other comparable terminology. Forward-looking
statements are only predictions based on our current expectations and
our projections about future events. You should not place undue reliance
on these forward-looking statements. We undertake no obligation to
update any of these forward-looking statements for any reason. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
levels of activity, performance or achievements to differ materially
from those expressed or implied by these statements. These factors
include, but are not limited to, the matters discussed in Item 1A “Risk
Factors,” of our most recent Annual Report on Form 10-K, Quarterly
Reports on Form 10-Q, and other filings with the Securities and Exchange
Commission.

Contacts

First Solar Media
Steve Krum
+1 602-427-3359
[email protected]
or
First
Solar Investors
Stephen Haymore
+1 602-414-9315
[email protected]