Analyst coverage

Enphase Energy is covered by the following analysts.

Firm	Analyst
BMO Capital Markets	Ameet Thakkar
BNP Paribas Exane	Moses Sutton
Barclays	Christine Cho
Citi Research	Vikram Bagri
Craig-Hallum Capital Group LLC	Eric Stine
Daiwa Capital Markets America Inc.	Jonathan Kees
Deutsche Bank	Corinne Blanchard
Evercore ISI	Nicholas Amicucci
Goldman Sachs & Co. LLC	Brian Lee
HSBC	Daniel Yang
J.P. Morgan	Mark Strouse
Jefferies	Julien Dumoulin-Smith
Johnson Rice	Martin Malloy
KeyBanc Capital Markets	Sophie Karp
Mizuho Securities	Maheep Mandloi
Morgan Stanley	Dave Arcaro
Northland Capital Markets	Gus Richard
Oppenheimer & Co. Inc.	Colin Rusch
RBC Capital Markets, LLC	Christopher Dendrinos
Raymond James	Bobby Zolper
ROTH Capital Partners	Philip Shen
Susquehanna Financial Group	Eric Clay
TD Cowen	Jeffrey Osborne
Wells Fargo Securities, LLC	Praneeth Satish
William Blair	Jed Dorsheimer
Wolfe Research, LLC	Steve Fleishman

Please note that any opinions, estimates or forecasts regarding Enphase Energy's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Enphase Energy or its management. Enphase Energy does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.