Generac is a leading energy technology solutions company that provides backup and prime power generation products for residential and commercial & industrial (C&I) applications, solar + battery storage systems, energy monitoring & management devices and services, and engine- & battery-powered tools and equipment. As an energy technology solutions company that is “Powering a Smarter World”, the Company’s corporate purpose is to lead the evolution to more resilient, efficient, and sustainable energy solutions around the world. Generac has a long history of providing power generation products across a variety of applications, and the Company maintains one of the leading market positions in the power equipment markets in North America and an expanding presence internationally. Generac has one of the widest ranges of products in the power generation marketplace, including residential, commercial, and industrial standby generators, as well as portable and mobile generators used in a variety of applications. In recent years, the Company has been evolving its product portfolio by building out ecosystems of energy technology products, solutions, and services for homes and businesses. As part of this evolution, Generac has made significant investments into growing markets such as residential and C&I energy storage, solar module-level power electronics (MLPE), energy monitoring & management devices, and electric vehicle (EV) charging. Central to these ecosystems are the Company’s next-generation connectivity devices, controls capabilities, and software platforms that facilitate the integration of Generac products and support the growing utilization of such distributed energy resources (DERs) in grid services programs. In addition, the Company has been leveraging its leading position in the growing market for natural gas fueled generators, which the Company believes represents a cleaner transition fuel compared to diesel, to expand into applications beyond standby power, allowing the Company to participate in Energy-as-a-Service and microgrid projects for C&I customers. As the traditional centralized utility model evolves over time, the Company believes that a more decarbonized, digitized, and decentralized grid infrastructure will develop, and Generac’s energy technology solutions are uniquely and strategically positioned to participate in this next-generation grid referred to as “Grid 2.0”. As traditional power generation markets continue to grow due to multiple mega-trends that are driving increased penetration of the Company’s products, Generac is in an excellent position to execute on this opportunity. In addition, the Company’s focus on more resilient, efficient and sustainable energy solutions has dramatically increased Generac’s served addressable market, and as a result, Generac is well positioned for success over the long term.