Risk Factors Update Summary

• Increased interest rates and high inflation may cause customers to delay purchasing products.
• $21 million decrease in accreted interest for Notes due 2025 may affect future cash flow.
• Changes in net energy metering policies could significantly impact revenue and payback periods.
• Notes due 2025 no longer permit treasury stock method, impacting future cash flow.
• Expansion into Europe increased revenue from the region from 14% to 19%.
• $575.0 million outstanding 2028 Convertible Notes converted to 2023.
• Acquisition of SolarLeadFactory and GreenCom Networks poses risks and challenges.
• $632.5 million outstanding 2026 Convertible Notes converted to 2023.
• The market price of common stock may decline regardless of operating performance due to various factors.
• $102.2 million outstanding 2025 Convertible Notes converted to 2023.
• Quarterly variations in operating results and market conditions could negatively affect financial results.
• Changes in accounting methods may affect economic interest cost and financial statements.
• Conversion of Notes due 2025 into shares could impact liquidity and financial position.
• Tax law changes could significantly impact future U.S. income tax expense and effective tax rate.