Meet Iris – Lowes Smart Home Platform. 2 Consumer UIs Account Management Service Delivery Device Management Integration Overlay Content The Connected.

Meet Iris – Lowe’s Smart Home Platform

2

Consumer UIsAccount Management

Service DeliveryDevice Management

IntegrationOverlay Content

The Connected Home is a new growth opportunity…

We are moving towards a time when everything in the home will be IP addressable and networked - this is the ‘Internet of Things’. We see this as a growth opportunity for Lowe’s so we have developed a Cloud based platform called Iris to enable customers to remotely monitor and control their home.

IrisPlatformAPI Layer

CRMRules Engine

BillingTech Supp

Automation

Energy Management

Security

ApplianceManagement

Senior Care

Video

Iris Hub

…in the future, it will be the combination of product with service that will deliver value to the consumer through smart phones and tablets.

...it’s not connecting customers to their things that will ultimately deliver value, it’s connecting the tings to each other.

…Lowe’s is ideally placed in the market to create a new paradigm in home management

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Lowe’s aim to take a leading role in the smart home…

We can solve a problem for the consumer and our vendors

Point to Point solutions Multiple Apps and UIs Unconnected channels Complex and expensive Multiple Service Charges No interoperability Cannot scale

We can win by differentiating to….

Focus on the consumer Provide a single UI to integrate Connect everything in the store Support open standards Provide a platform for our vendors Deliver great customer support Deliver integrated solutions

The market today….

… is complex and confusing … make it simple, affordable and scalable

FREE !

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Energy Management•Analytics•Thermostat •Smart Plug •Optical Meter Reader •Clamp •Integrated Metering •Water Monitoring •Gas Monitoring •Oil Monitoring •Ceiling Fans •Water Heaters •Water Filters/Purifiers •Temperature Sensors •Humidity Sensors

Home Monitoring•Motion Detectors •Door/Cabinet/Window Sensor •Key Fob •Keypad •Panic/Help Button •IP Video•Motion Detector(pet tolerant) •Water Sensor •Fire Detector •Carbon Monoxide •Directional Detectors •Device Tagging •Safety

Home Automation•Door locks•Wall Switches (Int/External) •Wall Plug Sockets (Int/External) •Controllable Light bulbs •Window Blinds •Water Shut Off Valves •Window Shading •Garage Doors •Humidifiers/Dehumidifiers

Vehicles•Car Integration•EV Charging •Prox sensing •Maint Data

Renewables•Solar Panels •Wind Generators •Storage

Elderly Care•Help Pendants •Activity monitoring•Bed Sensors •Location Based Sensors •Medical dispensers •Automated doors •2 Way Voice •Stair Lifts •Mobility Vehicles

Pets•Door Flaps •Location monitor •Feeders

Garden•Irrigation Control •Pool Pumps •Pool Heaters •Machinery (Mowers etc)

Support Services•My Lowe's •installation•Utility Rates •Appliance Repair•Pro Monitoring •Insurance •Nurse Call •Location-based services

Appliances•Fridges/Freezers •Washers/Dryers •Cooking •Misc devices•HVAC

Other Property•2nd Home•Parents•RVs, Boats

Practical Fun•Plant monitors• Localized scents

We are uniquely placed to draw all the pieces together

Lowe’s can deliver a broad product portfolio…

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• Simplicity• Affordability • Scalability

Offer Smart Home product starter kits with

á la carte options

Overlay simple, tiered services with low priced entry levels

All managed through simple user interfaces over mobile and web.

Safe & Secure$179

Senior Care$219

Smart Home – a la carte

(Hub)

Comfort & Control

$179

Video$129

Smart Home (in a box)

$299

The first step to entering the market…

Basic - Free

Premium from $9.99

The ServicesAllow consumers to

move easily between the service options

The Product Sets

• Safer• More efficient • Easier to manage

We deliver: To Make homes:

Put the smart phone and tablet at the heart of consumer experience

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The consumer experience…

Simple to install and affordable…

Comprehensive services with

product bundles

‘Magic’ providing simple rules…

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CES announcements…..

Energy EfficiencyMultiple Thermostat,Hot-Water Heaters, Water Irrigation, Blinds, Whole Home Monitoring Enhanced Rules

Senior CareNew PendantMonitoring Service

AppliancesNew plans for connected appliances

SafetyNew Fire, CO, flood, locks, safes, External IP cameras New Siren

Support Installation

Service

ConveniencePet Doors, Controllers, light bulbs, Plant Moisture Sensors

New PartnersVerizon WirelessVoice Integrators Energy Analytics

Taking Iris to the next level in 2013