Intelligent Buildings and Beyond

Ilén Zazueta-HallDirector of Product Management

| © 2016 Enphase Energy, Inc. 2

• Established 2006, first commercial shipments 2008• Headquarters in California, 500+ employees • Publicly traded on NASDAQ since 2012: ENPH• World’s leading microinverter with approximately 12 million units shipped• World’s leading provider of monitoring software for the residential segment• Shipping fifth-generation microinverter system, announced sixth • 159 active patent families• World-class team from leading technology companies

Enphase leading the way

| © 2016 Enphase Energy, Inc. 3

159 PATENT FAMILIES(over 70 patents granted worldwide)

Power conversion, communication and software infrastructure

SolarGeneration Storage Load

ManagementUtility

ServicesNew

Application

Enphase is a technology company in the solar industry

intelligence

| © 2016 Enphase Energy, Inc. 5

the ability to acquire and apply knowledge

the ability for systems in a building to acquire and apply knowledge about the building

Key challenges

The future is already here…

| © 2016 Enphase Energy, Inc. 10

It just looks a little different than we thought…

| © 2016 Enphase Energy, Inc. 11

It just looks a little different than we thought…

| © 2016 Enphase Energy, Inc. 12

generation

storage

consumption

| © 2016 Enphase Energy, Inc. 13

measurement + control = energy intelligence

smart is not enough

| © 2016 Enphase Energy, Inc. 15Source: https://lids.mit.edu/research/research-highlights/power-disaggregation

beauty is in the eye of the beholder…

| © 2016 Enphase Energy, Inc. 16

beauty is in the eye of the beholder…

| © 2016 Enphase Energy, Inc. 17

Who is your customer?

| © 2016 Enphase Energy, Inc. 18

• 64% of consumers report challenges setting up IoT devices

• 52% of potential smart home owners want a professional to install their devices and services, 43% would pay a one-time set up fee

Keeping it simple