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Nest Labs Confidential

Industry-first Ambient Display* Engineered by Nest to enable a subtle, soft-focus appearance that blends into the room when it’s off...

*Not final name ...but lights up when it’s on- so it’s easy to read. Simplified, pared down UI designed for the screen

320x320 resolution 182 pixels per inch 1.80 inch diameter 32% display coverage

Nest Labs Confidential Ceramic feel finish

Nest Labs Confidential Target Availability: Sept. 2017 Nest Thermostat E Target MSRP: $169

Saving has never been simpler with the newest Nest thermostat.

Simple to change the Simple to save Simple to know when Simplified design blends Simple to install - or let Simple to use your voice, temperature Proven energy saving features something is wrong with your home. someone else. with Google or Amazon The Nest app lets you easily let it pay for itself in less than Nest alerts your phone if Ambient Display blends Most people install Nest Changing the temperature is change the temperature 2 years. Energy Star certified. your heating and cooling into its surroundings, with in 30 minutes or less. Or as simple as speaking. Just from your phone, laptop, or Automatically turns itself system needs attention, so a ceramic feel finish ring. get a Nest Pro installer to tell Amazon Alexa or smartwatch. From the beach down when you’re gone. you can act before it A simple display makes it do it for you. Simple. Google Assistant what to or just from bed. breaks. easy to read. do.

Nest Labs Confidential Sophisticated algorithms drive savings Simple savings.

Showcase how it works. Showcase benefits.

Emphasis on innovation. Emphasis on proven track record.

Both D3 and Onyx are Nest thermostats.

Both save energy, pay for themselves. Both have a best in class app. They both have beautiful design.

Nest Labs Confidential Nest Labs Confidential Onyx vs D3 Features Differences

Design Nest white , , , or glossy white

Compatibility Works with most 24V HVAC systems Works with nearly all 24V HVAC systems

Screen Sheer Display 24-bit color LCD 320x320 resolution at 182 pixels per inch (PPI) 480x480 resolution at 229 pixels per inch (PPI) 4.5 cm (1.8 in) diameter 5.3 cm (2.08 in) diameter 32% display coverage 40% display coverage

Display Focused on temperature Farsight: clock, weather, current temperature, or target temperature

Schedule Auto-Schedule, Manual Schedule, Simple Auto-Schedule, Manual Schedule Schedule

Remote comfort ✔ sensing Wired & WWN partners* *Pre OK2Design Onyx vs D3 for Pros

Warranty 1 year + 2 year extended warranty for pros 2 year + 3 year extended warranty for pros (3 total) (5 total)

*Pre OK2Design Works with most HVAC systems Works with nearly all HVAC systems Onyx works with most 24V heating and cooling The Nest Learning Thermostat works with 95% of 24V systems, including gas, electric, forced air, heat pump, heating and cooling systems, including gas, electric, forced radiant, oil, hot water, solar and geothermal. air, heat pump, radiant, oil, hot water, solar and geothermal.

Onyx will work if you have: You’ll need the Nest Learning Thermostat if you have: ● 1 stage of heating & cooling and a 2nd stage of ● 3 stage heating or cooling heating or cooling ● 1 stage of heating & cooling and a 2nd stage of heating ● Fan & cooling

Nest Labs Confidential ● Humidifier or dehumidifier

Compatibility - the Basics 95% 87% of current Nest customers

6-connector 10-connector Onyx Retail D3 Star/OB,C,G,R,W1,Y1 Power (from c-wire) y y Power “sharing” y y Single stage furnace heating y y Single stage AC y y Single stage furnace heating with single stage AC y y Single stage heat pump y y Single stage heat pump with aux heating y y Single stage heat pump with furnace heating (dual fuel) y y Single stage furnace heating with two stages AC y y Two stages furnace heating with single stage of AC y y Fan y y

Nest Labs Confidential Compatibility (cont) 95% 87% of current Nest customers

6-connector 10-connector Onyx Retail D3 Star/OB,C,G,R,W1,Y1 Dual transformer systems y n Single stage heat pump with two-stage furnace heating (dual fuel) y n Dual stage heat pump y n* Dual stage heat pump with aux heating y n Dual stage heat pump with furnace heating (dual fuel) y n Dual stage heat pump with two-stage furnace heating (dual fuel) y n Humidifier / De-humidifier y n* Two stages of furnace heating and two stages of furnace cooling y n Three stages of furnace heating y n*

MDU/Hospitality/Pro Segments G2 / G3 y n PTAC y n

Nest Labs Confidential