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Investor Presentaiton

AAON® New Minimum Energy Efficiency Regulations In January, the Department of Energy increased minimum efficiency standards on all HVAC equipment The new regulation did not affect AAON. AAON equipment has met the new standards for years However, it was very disruptive to the industry, requiring most of our competitors to reengineer a significant amount of its equipment This led to a higher cost of manufacturing and more price increases relative to AAON 15

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