Simply Perfect Light COMPANY & PRODUCT PRESENTATION Q4 2016

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Simply Perfect Light COMPANY & PRODUCT PRESENTATION Q4 2016

SHUJI NAKAMURA Inventor of the Bright Blue LED 2014 Nobel Laureate, Physics Co-founder of SORAA

FULFILLING THE PROMISE OF LED LIGHTING Brig ht Blue LED Brea kthrough SO RAA Founded SORAA Directiona l La mp Portfolio Expa nds First GaN on GaN Ambient Fixtures 1962 1993 2006 2008 2012 2014 2015 2016 First (Red) LED Created GaN on GaN LEDs Invented SORAA La unch First GaN on G a N LED La mp Optica l Light Engines Released

THE RECIPE FOR SIMPLY PERFECT LIGHT GaN on GaN Soraa VIVID Colour Soraa Natural White Point Source Optics

GaN on GaN THE FOUNDATION OF PERFECTION

PERFECT CRYSTALS Conventional crystals generate many defects on foreign substrates Epita xia l GaN Foreign Substra te Standard (Sapphire, SiC, Si) GaN on GaN results in crysta l structure with 1000x fewer defects Epita xia l GaN GaN Substrate SORAA GaN on GaN

SMALLER DIE SIZE GaN on GaN s perfect crystal structure emits 5x more light per unit area tha n conventiona l LEDs Standard Competitor Die GaN on GaN Die 1000 x 1000 µm Efficiency of SO RAA s Tri-LED technology means tha t LEDs ca n be sma ller, reducing costs a nd ena bling a single source solution

INNOVATIVE CHIP DESIGN 1000x few crystal dislocations enables SO RAA s innova tive tria ngula r LED design, whilst GaN substra te ena bles volumetric chips Photon Esca pe Tri-la tera l ( Tri-LED ) configura tion a llows more light to esca pe die Roughened surfa ce of LED chip further improves light extra ction with efficiency beyond the thin-film limit, a pproa ching 90%

SORAA VIVID COLOUR

LEDs and spectrum 400 500 600 700 Wavelength (nm) We generate a white spectrum by combining - a pump LED (violet for us) - several phosphors 10

VIOLET-EMISSION 3-PHOSPHOR TECHNOLOGY Standard LEDs emit blue light with red a nd green phosphors 2 phosphor mix produces a Broken Spectrum 380 Wavelength (nm) 780 SORAA emits violet light with red, green a nd blue phosphors 3 phosphor mix produces a Full Spectrum 380 Wavelength (nm) 780

FULL-VISIBLE-SPECTRUM LIGHTING SO RAA s violet-emitting GaN on GaN LEDs with a 3-phosphor mix render a complete a nd continuous spectrum Ha rmful UV Visible Spectrum Wasteful IR SORAA VIVID 95 CRI Daylight Ha logen 90 CRI LED 80 CRI LED CMH Fluorescent 400 500 600 Nanometers 700 Sora a s technology ensures there are no gaps in red or cyan

EVERY TONE, SHADE, TINT AND HUE SO RAA s technology enables excellent colour rendering across all colours 100 80 SORAA VIVID 3000K LED Blue -Emitting 3000K LED 60 40 20 0 R1 R2 R3 R4 R5 R6 R7 R8 R9 R10 R11 R12 R13 R14 The CRI metric only ca ptures rendering of these 8 pastels To render deep colors you need full-spectrum light Every colour looks richer a nd brighter, including wa rm tones such a s R9

HIGHER ACCURACY, MORE INFORMATION TM-30 uses 99 colour samples vs CRI s 8

COLOUR METRICS - COLOUR RENDERING INDEX (CRI) 70 CRI 80 CRI 90 CRI 95 CRI

SEEING RED? 90 CRI R9 50 90 CRI R9 95

Summary Quality of Light Output Energy Consumption and Life Use ability (compatibility w fixtures and gear) Quality of Light Output Energy Consumption and Life Use ability (compatibility w fixtures and gear) Quality of Light Output Energy Consumption and Life Use ability (compatibility w fixtures and gear) Quality of Light Output Energy Consumption and Life Use ability (compatibility w fixtures and gear) Soraa Vivid 2 MR16 Halogen MR16 90 CRI LED MR16 80 CRI LED MR16 Poor Soraa Vivid 2 MR16: Outperforms Halogen MR16 on quality of light with no compromise on output and fixture and gear compatibility Blue Pump LED MR16s: Even 90CRI has substantial short comings on Quality of Light They pose a trade-off with color rendering and output, but never come up with an offer that matches halogen on both LED MR16s are rated for use in open fixtures only and have shortcomings in approbation (UL Class 2 only) 11/ 12/ 2017 Soraa Confidential 17 Good

SORAA NATURAL WHITE

VIOLET NOT BLUE Standard blue-emitting LED SORAA violet-emitting LED SO RAA s LEDs reveal the different sha des of white a round us

SORAA POINT SOURCE OPTICS

POINT SOURCE OPTICS Directiona l lighting requires well controlled beam a ngles from na rrow to flood; tight form factors; and sharp single shadows Folded Prism Optics SO RAA s innova tive folded optics ena ble crisp, focused beams

NARROW BEAMS SO RAA s prismatic optic is a breakthrough in footprint, offering extremely narrow beam distributions from a low-profile design 10 degree beams possible from a lens just 8mm thick (MR16 & GU10) Fundamental laws of optics dictate that large sources in small form factors result in wide beam a ngles d = D sin (θ/ 2 ) d θ D The sa me la ws tha t hinder beam design with la rge, multiple light sources become a n a sset with a sma ll single source

CRISP SHADOWS SO RAA s Point Source Optics provide crisp, single sha dows Multi-Source Competitor LED SORAA Single-Source LED Multiple sources create multiple shadows Single source provides a crisp, single shadow Multi-source LEDs project multiple sha dows with multiple colours yielding less attractive results

Customise Your Beams

SORAA FLICKER FREE TECHNOLOGY

WHY DOES FLICKER OCCUR? Flicker is ca used by the ripple in AC current which leads to a ripple in light output Current Current Time Time AC Input to la mp (50-60Hz) Rippled DC Input to LED (100-120Hz) Unlike in ha logen la mps, LEDs powered by AC sources respond almost insta ntly to cha nges in current Ripple in the light output is undampened, leading to a greater perception of flicker in LEDs

INVISIBLE FLICKER Huma ns a re sensitive to invisible flicker, or stroboscopic effect, due to va ria tions in light output between 50Hz 500Hz Wand Test Sma rtphone Test Intervals of low light lead to gaps in the fan Photographs show bands of light and dark Stroboscopic effects have been associated with headaches, eye strain and fa tigue

ERADICATING INVISIBLE FLICKER SORAA developed a two-sta ge digita l driver to elimina te the problem of stroboscopic flicker in our low voltage MR16 la mps Competitor Single Sta ge La mp Current Capacitor Current Time Time Capacitor receives rippled input and delivers reduced ripple to LED SORAA Two-Stage Flicker Free La mp Current Smaller Current 2nd Stage Current Capacitor Driver Time Time Time Sma ller capacitor delivers greater ripple, but 2nd sta ge elimina tes it completely

SORAA FLICKER FREE SO RAA s Flicker Free low volta ge MR16 lamps completely address the a dverse physiologica l effects of invisible flicker Wand Test Sma rtphone Test Smooth, unvarying light output leads to no gaps (flicker free) Results in clear photographs with no banding Two-stage driver acts as a consta nt flow va lve, smoothing the current a nd delivering fla t DC power to the LED

When it comes to qua lity of light SO RAA outshines the competition.