A BEAUTIFULLY EFFICIENT FUTUREWWW.ACREDESIGNS.COM ANDREW@ACREDESIGNS.COM 415-513-7441

PROFOUND CHANGEis coming

TO HOMES

Traditional construction is about to die a slow, painful [long-overdue] death.

FUTURECurrent building methods are incompatible with the future

ENERGYEnergy mandates are forcing change and creating a new market

PRODUCTiPhone generation wants and Apple home. They purchased 35% of homes in 2015

VALUE PROPValue is in serving existing builders

SIMPLICITYConsumers and builders are both motivated by simplicity

FRICTIONThere is more complexity than ever before, and it’s costing builders money

PROBLEMS

OPPORTUNITY

THESIS PROFOUND CHANGE

TEAM

ANDREW DICKSON

Industrial Design/ Interior Architecture20 years product design and lean manufacturing, Previous founder

Founder/ CEO

JENNIFER DICKSON

Architecture/ Interior Design12 years designing and managing commercial build-outs, from corporate offices to community buildings

Founder/ CDO

GARETH ROSE

Mechanical EngineeringSolar Decathlon team lead, Brown University + RISD

Lead Product Engineer

DON NEWMAN

Builder/ Quality Control12 years constructionQuality Assurance for various testing laboratories and Cessna aircraft

Founder/ VP Construction

JAMES GUTIERREZ

MBA/ Architecture7 years construction management and design, Previous founder. Babson MBA

Business Development

BOB BERKEBILE

FAIA, Principal BNIM ArchitectureFounding Chairman, American Institute of Architects’ National Committee on the Environment. Instrumental in the formation of the US Green Building Council.

Advisor

INVESTORS

BUILD PARTNERS

ANGELSTyler WillisMike FenskeRyan Shea

BUILDERSGrowth partners in key markets

PROTOTYPESHomes built for clients

PROVISIONALPatent-pending zeroBOX core technology

HOMES SOLDBegin construction Jan 2017

02 18

TRACTION

04 01MODELSPre-sale homes that will be available on AirBnB

PRE-SALESTo builders and home-ownersRequired $10,000 deposit

$4.4MM

04

$54B NEW MARKET

In 2020, Title 24 in California - and similar regulations in Austin, Denver, and Boulder -require that all new homes be Net Zero.

They must be more efficient AND produce all their own power on site.

There have only been 1200 NZE homes built over the last 8 years.

This shift is massive.

200,000+ new homes each year mustmeet Net Zero Energy (NZE) standard

NEW MARKET

1%

34%

65%

PREFAB

TOP 20 BUILDERS

SMALL BUILDERS

PROBLEM

They have an average of 6 employees, and no expertise in green or high-performance building.

Code compliance is 24.3% of home price ($84, 671).Net Zero is estimated to add $23,000 per home.

NZE regulations are expected to cost 90,000 construction jobs and increase home prices 12%.

The greatest value is in serving builders.

build the majority of US homesSMALL BUILDERS

BUILDERS NEEDA SIMPLE SYSTEM

FOR FUTURE HOMES

Pre-Designed & Engineered

Compliantby Default

Easy to Build

Beautiful & Advanced

SOLUTION BEAUTIFUL HOMES AS A PRODUCT

MANDATES

20% of new homes will be required to

produce all their own power by 2020

MILLENNIALS

The iPhone generation expects

an Apple house

MARKET

Cost of Solar 50% Skilled Labor

Products like Tesla solar roofs & batteries

Pre-Assembled Components

Preconfigured Technology

Just-in-Time Delivery

SOLUTION SIMPLY PACKAGED

All materials delivered as a Kit

Assembly > construction

Designed as a system

Greater accuracy and repeatability

Preconfigured Technology

Assembled in half the time.

SOLUTION BUILT FOR SPEED

Kit Base Price

Options

Acre Margins

Builder Finished MSRP

$260K-$311K

$50-150K+

25-30%

$400,000-$560,000+

UNIT ECONOMICS

“[Acre] takes the best of commercial construction and applies it to residential.”

JP [Acre build partner]

“Everything Acre does tied together with what we’d been wanting.”

Mark & Tammy [Acre homeowners]

“This is the future of building.”

Tyler [Acre build partner]

BUSINESS MODELmakes construction scalable

SCALING

Acre creates a great customer experience by leveraging existing builders more effectively.

Uber creates a great customer experience by leveraging existing resources more effectively.

Uber owns no cars and employs no drivers, yet can deliver a better experience to a broader audience than legacy models

Acre builds no homes nor employs any tradesmen, yet can deliver a better experience and scale faster than legacy models

Turns the utility room into a single plug-and-play appliance

Reduces the 5 costliest trades

Patent Pending

Streamlines Acre homes today, will work for any future NZE homes that meet efficiency standards

CORE TECHNOLOGY

zeroBOXengine for the future home

Additional revenue stream & acquisition target.

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Q4 Q1-17 Q2 Q3 Q4 Q1-18 Q2 Q3 Q4

Origin Series Axiom Series zeroBOX

Pre-sold$4.4MM

2017$8.6MM

2018$31.5MM

$MM

GROWTH

proprietary core

technology

premium homes

mid-market homes

PotentialzeroBOX

Acquisition

2014

Built 2 Prototype

Homes

2015

Launched Premium Product

Pre-Sold 18 homes

YCombinator

SeedClose

FinalizedProductDesign Build

25 homesLarger

Developments

zeroBOXto Broader

NZE Market

2017 2018-19 2020

Series AProfitability

Builders in 4 Key Markets

Launch

Builders in 8 Key Markets

Builders in 20 Key Markets

MajorMandatesEnacted

Santa MonicaMandatesEnacted

Provisionalon zeroBOX

2016

Build forMandateDemand

PROGRESS + ROADMAP

A BEAUTIFULLY EFFICIENT FUTUREWWW.ACREDESIGNS.COM ANDREW@ACREDESIGNS.COM 415-513-7441