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ANNUAL REPORT

All nancial numbers in this REPORT are based on Generally Accepted Accounting letter contains statements other than statements of historical fact, which are subject to risks, uncertainties and other factors as described the company s lings with Securities and Exchange Commission. These forward-looking statements are quali ed in their entirety by the cautionary statements and risk factors contained in the company s ANNUAL REPORT on Form 10-K for the scal year ended December 31, Headquarters 350 West Washington Street, Suite 600 Tempe, AZ 85281 USA Telephone: +1 602 414 9300 Facsimile: +1 602 414 9400 REPORT 2020 FIRST SOLAR | ANNUAL REPORT 2020 FIRST SOLAR | ANNUAL REPORT 2020 First Solar, the First Solar logo, and Leading the World s Sustainable Energy Future are trademarks of First Solar, Inc.

grow, as we exited the year with average watts per module of 440 and a top production bin of 445 watts. This momentum has continued into 2021, with our modules achieving a top production bin of 450 watts in February. With a mid-term target of a 500 watt module, coupled with an anticipated 50% reduction in our

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