Advanced Energy Industries, Inc. - Redemption of Convertible Senior Notes

Advanced Energy Industries, Inc. announced on June 12, 2026, its decision to redeem all outstanding 2.50% Convertible Senior Notes due 2028. The total principal amount to be redeemed is $136,709,000. The redemption is scheduled to occur on September 23, 2026. The redemption price will be 100% of the principal amount, plus any accrued but unpaid interest up to, but not including, the redemption date. The company plans to settle conversions by paying cash for the principal portion and delivering shares of common stock for the remainder. For notes converted in connection with this redemption, an increased number of shares will be delivered. Holders have until September 22, 2026, to convert their notes. The company is not obligated to update forward-looking statements.