ORION ENERGY SYSTEMS, INC.

ORION ENERGY SYSTEMS, INC. provides state-of-the-art light emitting diode ("LED") lighting systems, wireless Internet of Things ("IoT") enabled control solutions, commercial and industrial electric vehicle charging infrastructure solutions, and lighting and electrical maintenance services. The company helps customers achieve sustainability, energy savings, and carbon footprint reduction goals. Orion sells its products and services into various vertical markets within the commercial and industrial segment, including big box retail, manufacturing, warehousing/logistics, commercial office, federal and municipal government, healthcare, and schools. Services include turnkey installation for lighting and EV solutions, and system maintenance. Virtually all sales occur within North America. Principal customers are large national account end-users, electrical distributors, electrical contractors, and energy service companies ("ESCOs"). Lighting products are manufactured at its leased facility in Manitowoc, Wisconsin, or sourced through a global supply chain with contract manufacture partners. Orion differentiates itself by offering efficient light fixtures (measured in lumens per watt) combined with project management services for national account customers to retrofit multiple locations. Comprehensive services include initial site surveys and audits, utility incentive and government subsidy management, engineering design, and project management from delivery through installation and controls integration and commissioning. Lighting and electrical maintenance services began in fiscal 2021. In October 2022, Orion acquired Voltrek LLC, expanding its project management and maintenance expertise into the EV sector. In fiscal 2026, the company expanded services to include electrical contracting. Orion's lighting products primarily consist of LED lighting fixtures, many of which include IoT enabled control systems provided by third parties.