Cree, Inc. All Rights Reserved

LED LIGHTING – THE NEXT CHAPTER

Greg Merritt Vice President Marketing, Cree Lighting

Lighting accounts for COMMERCIAL ENERGY EXPENDITURES

Lighting ~20% 20% Space Heating of total commercial 20% Space Cooling energy expenditures Ventilation 4% 16% Refrigeration 5% Typically greater than Electronics 5% Water Heating 12% 8% Computers 10% 1/3 Other Source: Department of Energy, Buildings of total electric bill Energy Data Book, March 2011

6 – 9 watts 13 – 15 watts 136 –– 159 watts watts

Environment Incumbent Initial Next Current Light Source Generation Generation Generation 52W 35W 32W Fluorescent Price: $X Price: $0.65X Price: $0.57X Indoor - Troffers 64 Was Payback: Payback: Payback: 5 Years 2.5 Years 1.5 Years 12W 10.5W 9W Incandescent Price: $X Price: $0.51X Price: $0.29X Indoor - Downlights 65 Was Payback: Payback: Payback: 5 Years 2.5 Years 1.5 Years 93W 71W 50W Metal Halide Price: $X Price $0.59X Price: $0.36X Outdoor - Garage 185 Was Payback: Payback: Payback: 4.9 Years 2.7 Years 1.6 Years 188 Was 141 Was 120 Was HID Price: $X Price: $0.9X Price: $0.8X Outdoor - Streetlights 250 Was Payback: Payback: Payback: 7 Years 5.5 Years 4.5 Years

• Fague/Producvity • Clarity/Visibility • Lifecycle Maintenance • Safety/Security

What if ……………. the US Converted All Linear Fluorescent Fixtures?

100% Conversion:

Potential Source Energy Savings = 1,146 Trillion Btu

$11 Billion

$10,000,000 in Annual Energy and Maintenance Savings!

63% LESS BEFORE - HPS AFTER - LED

• Pioneered today’s LED lighting technology

• 100% committed to the continued advancement of LED lighting

BETTER LIGHT – LESS ENERGY – LOWER COSTS THE TIME FOR LED LIGHTING IS NOW