PitchSend

Investor Presentaiton

Annual Sales (1,000 units) Technology Collaboration Programme by lea 10,000 8,000 6,000 4,000 2,000 0 2000 -The Japan Refrigeration and Air Conditioning Industry Association (JRAIA) (JP) Market - Residential Room Air Conditioners 12,000 The financial crisis Cool Summer 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Source Hot Summer Stable at just below 10 million units annually. Longer hours at home due to COVID-19 might have boosted the sales in 2020 www.heatpumpingtechnologies.org HPT

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