1 LEADING THE LED LIGHTING REVOLUTION to obsolete energy-inefficient lighting

2 Cree Company Overview GLOBAL SCALE 15 global locations15 global locations 7,100 employees7,100 employees Headquarters: Durham, NC USA Fiscal 2014 Revenues $1.65B Fiscal 2014 Op. Cash Flow....$319M June 2014 Cash & Eq $1.14B Long-term Debt $0 CREE FACTS

3 Key LED Lighting Applications Auto Dealerships Municipal Healthcare Petroleum & Convenience Store Restaurants & Hospitality GovernmentResidential Education Retail & Grocery Airports

4 R&D Investments Issued Patents Note: All totals include exclusively licensed patents U.S. Non-U.S. TOTAL 1,100 1,980 3,080

5 A Recognized Global Leader in Innovation Ranked #19 on The World’s 50 Most Innovative Companies of 2015 among other leading brands such as Apple, Google, Tesla, and Alibaba. Ranked #1 on Fast Company’s The World’s Top 10 Most Innovative Companies of 2015 in Energy.

DOE Projections

7 LED Luminaire Design LED Chip Package March 26, 2014 Cree First to Break 300 Lumens-Per-Watt Barrier

8 The Cree LED Lighting Difference 25+ years of pioneering innovation and no distractions from other lighting technologies – Cree is completely dedicated to LED lighting

CONFIDENTIAL - Cree Proprietary 1.Meeting the Illumination Performance Requirements (Improved Visual Environment) 2.Meeting the Economic Performance Requirements (Justifiable Economics) Evaluating the Viability of LED Solutions Justification Based on 2 Major Criteria

Key LED Lighting Applications Auto Dealerships Municipal Healthcare Petroleum & Convenience Store Restaurants & Hospitality GovernmentResidential Education Retail & Grocery Airports

Parking Structure

CONFIDENTIAL - Cree Proprietary Parking Garage Application: Controls Controls provide significant additional energy savings Example: Occupancy sensors in a parking garage Reduce light output to acceptable minimums in the unoccupied space. Aggregate energy savings over 80% and paybacks of less than 2 years are not uncommon

The Prairie School – 2007

Parking Area

CONFIDENTIAL - Cree Proprietary Industrial / Warehouse

High Bay / Aisle Lighting

Petroleum/ C-Store

CONFIDENTIAL - Cree Proprietary Healthcare

Why Care About Color Quality???

CONFIDENTIAL - Cree Proprietary Automobile Dealerships

LEDMetal Halide 830W3,070W

Before After Sports Arenas

CONFIDENTIAL - Cree Proprietary Sports Arenas

CONFIDENTIAL - Cree Proprietary Roadway

CONFIDENTIAL - Cree Proprietary Education

CONFIDENTIAL - Cree Proprietary Education

CONFIDENTIAL - Cree Proprietary Commercial / Retail

Thank You for Your Kind Attention Eric Haugaard – Cree Lighting