A LEADING SOLAR ENERGY PROVIDER

A WORLD-CLASS POWER SOLUTIONS COMPANY

Chairman and Chief Executive Officer Dr. Shawn Qu founded Canadian Solar in 2001 with a bold vision: to foster sustainable development and to make lives better by bringing electricity powered by the sun to millions of people worldwide. The nearly 12,000 dedicated employees of Canadian Solar (NASDAQ: CSIQ) strive each day to make this vision a reality.

The company’s two main lines of business are: (i) the manufacturing and sale of solar PV modules; and (ii) the development, construction and sale of solar PV projects, working with both build-to-sell and build-to-hold business models. Over 27 GW of our solar modules have been installed so far, enough to provide clean, green power to an average of 2.3 million households.

Our products are in operation in more than 100 countries, giving us a truly global reach. These achievements put us at the forefront of making solar power competitive and mainstream.

Customers choose Canadian Solar because we  deliver the best-possible value. Our wafers, cells, and modules combine superior quality with market-leading cost structures. And our solar projects consistently achieve the highest production values and returns on investment. We currently have more than 11 GW of such projects in our pipeline worldwide and are uniquely positioned to provide complete turnkey solar solutions. By bundling services for the entire project life cycle—feasibility study, permitting, engineering, procurement, construction, and maintenance—we can significantly reduce complexity and cost for industrial and commercial customers.

Dr. Shawn Qu

Chairman, President & CEO (Director)

Yan Zhuang

SVP, Chief Commercial Officer

Thomas Körner

Vice President, Global Sales

2 | Company Overview

OVER 12,000 EMPLOYEES

FOUNDED 2001 IN ONTARIO

27 GW OF SOLAR MODULES SHIPPED

11 GW PROJECT PIPELINE NO. 2 GLOBAL PV DEVELOPER IN 2017

COMPANY OVERVIEW

2017 REVENUE $3.39 BILLION

MOST RECOMMENDED SOLAR COMPANY IN 2016*

*AC

CO

RDIN

G T

O IH

S M

ARK

IT

Company Overview | 3

COMPANY FACTSCANADIAN SOLAR HAS BEEN MAKING THE DIFFERENCE FOR 17 YEARS. BY BRINGING A TOTAL OF MORE THAN 27 GW OF SOLAR CAPACITY TO OUR CUSTOMERS WORLDWIDE.

6.8 GW of PV modules were shipped in 2017. Enough to cover over 4,500 football fields and replace three nuclear power stations.

CANADIAN SOLAR EXISTS TO MAKE THE DIFFERENCE.

5,232

1,894

3,105

1,323803

31083 168

1,543

4,706

TOTAL MODULE SHIPMENTS (MW)

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

6,828

15

4 | Company Facts

BUSINESS MODEL OVERVIEWCA

NAD

IAN

SO

LAR’

S CO

RE B

USI

NES

S

Silicon Production

String Inverters, MV Stations, Connectors and PV System Components, Energy Storage Systems, Off-grid Products, Micro-grids, Distributed Generation Solutions.

Systems and Solutions

With a strong global team, the total projects pipeline has reached 11.1 GWp in 2018, with 2 GWp of late stage pipeline. 1.2 GWp of projects are currently in operation.

Global Energy Group

400

1,200

1,6202,000

8,3109,910

2014 2015 2016 2017

2,440

5,450

1H2018 E

5,6007,050

5,0005,000

1,580

2H2018 E

Ingot casting centralised in Batou, China by year end 2018.

Ingots

Mono- & Polycrystalline MANUFACTURING CAPACITY (MW)

Wafer manufacturing capability quadrupled from year end 2016 to year end 2017. Diamond wire saw and Onyx black silicon technology reduce manufacturing costs.

Wafers

Mono- & Polycrystalline MANUFACTURING CAPACITY (MW)

1,000260 400

5,000

Cell manufacturing has been restored at the Funing factory, which was damaged by a tornado in June 2016. With additional cell manufacturing coming online in Thailand, cell manufacturing capacity nearly doubles to 6.35 GWp.

PV Cells

Mono- & Polycrystalline MANUFACTURING CAPACITY (MW)

2,700

Module manufacturing capacity at the end of 2018 will reach 9.81 GWp in China, Thailand, and other locations.

PV Modules

Mono- & Polycrystalline MANUFACTURING CAPACITY (MW)

6,170

8,110

4,3303,000

*Planned by year end

2014 2015 2016 2017 1H2018 E 2H2018 E*Planned by year end

2014 2015 2016

2016

2017

2017

1H2018 E

1H2018 E

2H2018 E

2H2018 E

*Planned by year end

*Planned by year end

Company Facts | 5

FINANCIAL STRENGTHSteady growth has enabled Canadian Solar to become one of the world’s biggest supplier of solar modules. And we’ve done it profitably.

Our net income of $100 million on revenue of $3.39 billion in 2017 was among the best in the industry. These figures underscore Canadian Solar’s ability to combine growth, profitability, and prudent financial management.

ONE OF THE MOST BANKABLE SOLAR COMPANIES WORLDWIDE

$677 MILLION TOTAL

$692 MILLION TOTAL

$912 MILLION TOTAL

$1,109 MILLION TOTAL

6 | Financial Strength

$668 MILLION TOTAL

$2,853 MILLION TOTAL

2016 2017 Q4 2016 Q1 2017 Q1 2018Q2 2017 Q3 2017 Q4 2017

$3,390 MILLION TOTAL

$1,420 MILLION TOTAL

TOP-3 RATED BANKABLE SOLAR COMPANY · Leading BNEF’s Q2 Tier 1 ranking · Bankable at 100+ financial institutions globally · World Bank’s International Finance Corporation has become

shareholder in 2016

INDEPENDENT BANKABILITY REPORTS OF SGURR & DELOITTE AVAILABLE UPON REQUEST

SUCCESS BY REGIONGLOBAL MANUFACTURING BASE, GLOBAL CUSTOMER BASE, GLOBAL PROJECT PIPELINE.

Asia-Pacific

EMEA

Americas

Canadian Solar’s reach is truly global. With the combination of our Energy business, specialising in the procurement and development of large scale utility-scale projects, as well as our module sales, we manage to continuously expand. This is also due to our state-of-the-art manufacturing facilities in Canada, China, Indonesia, Vietnam and warehouses in 18 countries, enabling us to meet customers’ needs 100 percent. And our customer-support team of more than 150 solar experts in 20 countries puts us close to our customers worldwide.

MODULE SUPPLIER RANK BASED ON VOLUME SHIPPED AND RECOGNISED IN REVENUE

RANK 2011 2012 2013 2014 2015 2016 2017

1ST

2ND Canadian Solar

3RD Canadian Solar Canadian Solar Canadian Solar Canadian Solar

4TH Canadian Solar

5TH Canadian Solar

Source: Canadian Solar Investors Relations and PV-Tech & Solar Media Ltd. Jan. 2018

Financial Strength | 7

STRONG LOCAL SALES AND PROJECT TEAM MULTI-FACETED, MULTI-CULTURAL, MULTI-TALENTED

The headquarter of Canadian Solar’s energy and sales business in Australia is in Melbourne. Those highly skilled and motivated employees within our Australian team encompass all relevant functions: project development, sales including key accounts and regional sales, business development, finance, technical, marketing, operations and legal affairs. With all this talent in-house, we can offer our customers the full range of services, from presale consultation and system design to after-sale service and training.

Moreover, our team brings together people of more than 10 different nationalities, ensuring that we have the cultural competence to understand and serve customers across Australia. This rich diversity also makes our Melbourne office a great place to work.

EMPLOYER BRANDRanked first for corporate social responsibility in 2015 and named Canada’s most attractive employer in the Randstad Awards 2016.

Canadian Solar is committed to: · equal opportunity regardless of race, gender,

nationality, or lifestyle choices · attracting and retaining the best people · providing employees with an enabling, diverse,

and fun work environment

8 | Australia

NO.1 PV MODULE BRAND IN 2016NO.2 MODULE SUPPLIER IN ASIA-PACIFIC

(EXCEPT CHINA, INDIA, OR JAPAN)

AUSTRALIA OVERVIEW

4 OFFICES, 4 WAREHOUSES IN AUSTRALIA

EXTENSIVE EXPERIENCE AND EXPERTISE ACROSS ALL FUNCTIONS

ONE TEAM SERVING ALL

AUSTRALIA HQ IN MELBOURNE

*ACC

ORD

ING

TO IH

S M

ARKI

T

Australia | 9

QUALITY AND SERVICEROBUST CONSTRUCTION IN ACCORDANCE WITH THE HIGHEST QUALITY STANDARDS GIVES OUR SOLAR PANELS OUTSTANDING LONGEVITY

Solar projects typically have a designed operating lifetime of 25 years. Our products have the longevity to meet these demands. We conduct rigorous in-house testing in our own laboratories to ensure durability and regularly submit our products to the world’s leading independent testing institutes, including the Fraunhofer Society and TÜV Labs. We’ve adapted the stringent quality-management systems of the automotive industry to PV manufacturing and check every one of our products at 369 different points along the manufacturing process to ensure their quality. And we comply with a wide range of internationally recognised standards for quality and environ-mental management.

QUALITY CONTROL MEETS HIGHEST INTERNATIONAL STANDARDS

! Compliance with ISO IEC 17024 procedures to approve all materials and components entering our facilities

! Confirmation through IEC 61215 and IEC 61730 tests to ensure product safety and reliability

! Adaption of the stringent quality-management system of the automotive industry to PV manufacturing

! Compliance with international quality and environmental-management standards ISO 9001, QC080000, ISO 14001 and OHSAS 18001

10 | Quality and Service

IN-HOUSE TESTING BACKED BY LEADING INDEPENDENT TESTING INSTITUTES

Price/performance ratio Module quality Likelihood of recommendation

BRAND FOR PRICE/PERFORMANCE RATIO, HIGHEST MODULE QUALITY VERIFIED BY IHS

Source: IHS PV Module Customer Insight Survery 2016

0% 5% 10%

Hanwha Q-Cells

LG

SolarWorld

Trina

Canadian Solar

Hanwha Q-Cells

Trina

Canadian Solar

SolarWorld

LG

Brand for price/performance ratio, Highest module quality verified by IHS. Canadian Solar was confirmed as the module brand with the best price/performance ratio, the highest module quality and the highest likelihood of being recommended.

0% 10%5%

Quality and Service | 11

SYSTEM SOLUTIONS PROVIDERCANADIAN SOLAR MOVES TOWARDS OFFERING ALL BALANCE OF SYSTEM COMPONENTS, ENABLING US TO SERVE YOU AS A ONE-STOP SHOP.

As a single source for modules, inverters, and more, Canadian Solar simplifies your procurement process with a unified contract, credit process, and invoice, as well as coordinated logistics and warranty, all from a supplier that understands solar.

O&M SERVICES

DECENTRALISED GENERATION SERVICES

Canadian Solar Operations and Maintenance services are designed to maximise the lifetime value of your solar power plant assets. Leveraging our 16 years of solar industry experience and over 800 MW under O&M operations worldwide, Canadian Solar proactively monitors and manages your plants minimising downtime and increasing site availability, resulting in maximum energy production, revenues and profitability. Customised service packages offer the right fit for any solar power plant owner.

Canadian Solar has delivered and constructed over 2.5 GW of commercial rooftops, carports and utility scale ground-mount projects globally. We specialise in full project development and deployment of photovoltaic, hybrid or full microgrid systems ranging from a few hundred kilowatts up to several megawatts.With our ever expanding product and services portfolio we are able to provide our commercial and industrial clients with a true one-stop shop solution, offering integrated design, faster deployment and lower total system cost.

12 | System Solutions Provider

NEW

T4 PV CONNECTORSThe Canadian Solar T4 PV connector is a high-quality field-installable PV connector-type. These connectors are made of high quality materials that guarantee long-term reliability. Lower contact resistance and higher current transfer capability ensure high product efficiency. T4 PV connectors have IP68 water- and dust-proof rating and can be used in a wide operating temperature range from -40 °C to 90 °C.

! Suitable for 4 mm2 /12 AWG and 10 AWG cables

! Field toolkit, disconnect tool and jumper cables are available

! T4 is the standard connector on Canadian Solar modules

! 1000 V and 1500 V IEC / UL versions are available

INVERTERSCanadian Solar’s grid-tied, transformerless string inverters are an optimal solution for commercial rooftop and small ground-mount applications. Furthermore, they are a cost-effective alternative to central inverters. Thanks to their modularity, string inverters allow designing power blocks and enable significant BoS cost savings.

! Power classes available from 1.5kWp to 60kWp

! Single Phase and 3 Phases

! Peak efficiency of 98.6 %

! Enable significant BoS cost savings

MV STATIONS

MV Stations are factory-integrated medium-voltage turnkey platforms for utility-scale solar installations. Inverters, transformers, controllers, communication equipment and other auxiliary components specified by the customer are integrated and tested in our state-of-the-art factory in Ontario, Canada. Once the MV Station is certified to applicable UL, IEC and NEC Standards, it is shipped directly to the project site for rapid “plug-and-play” connection, reducing construction costs and minimising compliance risk of wrong connections on-site. The MV Station is a field-proven design with over 700 MW of installed base across North America.

! Sizes in the range of 2.5 MVA to 5 MVA

! Suitable for 1000 Vdc and 1500 Vdc system design

! Available as skid or containerised solution

System Solutions Provider | 13

CS3K-P / CS3K-MS Highlight: Higher power classes combined with high versatilityCells: Poly and mono-PERCPoly: up to  305 WMono-PERC: up to 315 WVoltage: 1000 & 1500 V

CS3U-P / CS3U-MSHighlight: Higher power classes forcommercial and utility-scale solar systems Cells: dual-cell Poly and mono-PERCPoly: up to 365 WMono-PERC: up to 380 WVoltage: 1000 & 1500 V

CS3K-P-FG / CS3K-MS-FG / CS3U-P-FG / CS3U-MS-FG Highlight: Frameless* glass-glass modules with higher power classes for large utility scale systemCells: dual-cell Poly and mono-PERCPoly: up to 365 WMono-PERC: up to 380 WVoltage: 1000 & 1500 V*Also available with aluminum frame30 Years Linear Power Output Warranty

KuPOWER KuMAX KuDYMOND

30

NEWEST TECHNOLOGYDUAL-CELL, BIFACIAL, SHINGLED &ENHANCED WAFER MODULES

14 | New Products

NEW

CS3K-P-FG / CS3K-MS-FG / CS3U-P-FG / CS3U-MS-FG Highlight: Frameless* glass-glass modules with higher power classes for large utility scale systemCells: dual-cell Poly and mono-PERCPoly: up to 365 WMono-PERC: up to 380 WVoltage: 1000 & 1500 V*Also available with aluminum frame30 Years Linear Power Output Warranty

CS3U-PB-FG*Highlight: Bifacial modules increasesystem power generation and reduce LCOE costsCells: dual-cell PolyPower range: up to 365 WVoltage: 1000 & 1500 V*Also available with aluminum frame30 Years Linear Power Output Warranty

CS1K-MS / CS1H-MS All-BlackHighlight: High power modules with enhanced aesthetics appearanceCells: mono-PERCPower classes: up to 330 WVoltage: 1000 & 1500 V

BiKU HiDM HiKU

CS3L-P / CS3W-PHighlight: Enhanced wafer technology for higher power classesCells: dual-cell polyPower range: up to 405 WVoltage: 1000 & 1500 V

30

NEWEST TECHNOLOGY

New Products | 15

FULL-CELL MODULESWE MANUFACTURE AND MARKET SOLAR PANELS FOR ALL APPLICATIONS: RESI-DENTIAL, SMALL AND LARGE COMMERCIAL, UTILITY-SCALE, AND OFF-GRID.

STANDARD SUPERPOWER

CS6K-PHighlight: One of our bestseller modules, light, robust and applicable for all  installation typesCells: 60 polycrystallinePower range: 270 – 295 WVoltage: 1000 & 1500 V

SuperPower CS6K-MS / CS6K-MS-AB Highlight: Higher modules efficiency thanks to mono-PERC technologyCells: 60 monocrystallinePower range: 290 – 305 W

Poly

SuperPower All-Black

SuperPower

16 | Full-Cell Modules

DYMONDMAXPOWER

LINEAR POWER OUTPUT

WARRANTY

PRODUCT WARRANTY ON MATERIALS AND

WORKMANSHIP

Dymond CS6K-P-FG / CS6K-MS-FGHighlight: Frameless* glass-glass module, PID freeCells: 60 polycrystalline / monocrystallinePower range poly: 260 – 295 WPower range mono: 290 - 300 WVoltage: 1500 V*Also available with aluminum frame, upon request

Dymond CS6X-P-FG Highlight: Frameless* glass-glass module, 100 % PID free, designed for 1500 V systemsCells: 72 polycrystallinePower range poly: 325 – 350 WVoltage: 1500 V*Also available with aluminum frame, upon request

MaxPower CS6U-PHighlight: Optimised for BoS reductionCells: 72 polycrystalline Power range poly: 325 – 350 WVoltage: 1000 & 1500 V

30Poly

Poly

30Mono

Poly

Full-Cell Modules | 17

CAPETOWN, SOUTH AFRICA

ZAF Sales Subsidiary

MADRID, SPAINSubsidiary

MUNICH, GERMANY

EMEA HQ

ANKARA, TURKEYSubsidiary

DUBAI, UAESubsidiary

BANGALORE, INDIASubsidiary

SINGAPORESubsidiary

SEOUL, SOUTH KOREA

Subsidiary

LONDON, UKSales, Project & Structured

Finance Subsidiary

SUZHOU, CHINAChina HQ

HONG KONGSales Office,

Project & Structured Finance Subsidiary

MILANO, ITALYEnergy Group

Subsidiary

MANUFACTURING FACILITIES

 WAREHOUSE

  SALES OFFICE

Changshu, China

Module Factory

Banten, Indonesia

Module Factory

Hai Phong, Vietnam

Module Factory

Thailand

Cell & Module Factory

Funing, China

Cell Factory

Luoyang, China

Ingot & Wafer Factory

PERTH, AUSTRALIA

Warehouse

18 | Australia Logistics Strength

GLOBAL REACH WITH PROFESSIONAL LOGISTICS

GUELPH, CANADACanada (Global HQ)

PANAMASales & Global

Energy Subsidiary

SAO PAOLO, BRAZILSubsidiary

SEOUL, SOUTH KOREA

Subsidiary

TOKYO, JAPANModule & Project HQ

NEW YORK, USEnergy Group

Subsidiary

Ontario, Canada

Module Factory

Sorocaba, Brazil

Module Factory

MELBOURNE, AUSTRALIA Module & Project Subsidiary

Suzhou, China

Cell & Module Factory

SAN FRANCISCO, USRecurrent Energy HQ

SAN RAMON, USUSA HQ

AUSTIN, USRecurrent Energy Office

MEXICO CITYSales Office

WALNUT CREEK, USEnergy Group HQ

SYDNEY, AUSTRALIA Office

BRISBANE, AUSTRALIA

Office

TOOWOOMBA, AUSTRALIA

Office

Australia Logistics Strength | 19

3. LATAM

285 MW COMPLETION110 MW CONSTRUCTION

1. CANADA

490 MW O&M819 MW COMPLETION

2. USA

28 MW O&M102 MW CONSTRUCTION

KEETMANSHOOP, NAMIBIAPower generation: 6 MW

HOPLASS, UKPower generation: 10.3 MW

THUNDERBAY AIRPORT, CANADAPower generation: 8.5 MW

ENERGY GROUPGLOBALLY DIVERSIFIED PROJECTS

CANADIAN SOLAR HAS DEVELOPED AND BUILT LARGE-SCALE SOLAR PROJECTS FOR CUSTOMERS ACROSS THE GLOBE. OUR PROJECTS HAVE EARNED A REPUTATION FOR DELIVERING THE HIGHEST ENERGY YIELD AND RETURN ON INVESTMENT.

20 | References Energy Group

4. EMEA

10 MW O&M156 MW COMPLETION

14 MW CONSTRUCTION

6. INDIA, SRI LANKA, BD

144 MW COMPLETION35 MW CONSTRUCTION

7. AUSTRALIA & SEA

20 MW COMPLETION100 MW CONSTRUCTION

5. JAPAN

143 MW O&M166 MW COMPLETION

120 MW CONSTRUCTION

KEETMANSHOOP, NAMIBIAPower generation: 6 MW

HOPLASS, UKPower generation: 10.3 MW

LONGREACH, AUSTRALIAPower generation: 17.4 MW

E32, JAPANPower generation: 1.2 MW

References Energy Group | 21

1. NORMANTON SOLAR FARM, QLDModule: CS6X-P

Power generation: 5 MW

2.IKEA NATIONAL PROJECT, VIC, NSW & QLD

Module: CS6X-P and CS6P-P Power generation: 3.6 MW

3. SHELLHARBOUR SHOPPING CENTRE, NSW

Module: CS6P-P Power generation: 1.2 MW

4. SYDNEY CONVENTION CENTRE, NSW

Module: CS6P-P-SD Power generation: 521 kW

PROJECT REFERENCES AUSTRALIA

22 | References Australia

34

1

5. LONGREACH SOLAR FARM, QLDModule: CS6U-M

Power generation: 17.4 MW

7

5

22

2

22

6

7. OAKEY II SOLAR FARM, QLDModule: CS3U-P

Power generation: 70 MW

6. OAKEY I SOLAR FARM, QLDModule: CS6U-M

Power generation: 30.2 MW

PROJECT REFERENCES AUSTRALIA

“We have a long-term approach to sustainability, globally our ambition is to switch to renewable energy to become

energy independent by 2020, and we’re well on the way. For an installation of this size, installing solar systems on to the

roofs of our stores and warehouses here in Australia is a considerable undertaking and each of our sites’ has had its challenges. It’s important to us and our business to ensure

we have efficient, reliable high quality product together with a competitive offer, expert knowledge and experience.”

RICHARD WILSON, SUSTAINABILITY MANAGER, IKEA AUSTRALIA

References Australia | 23

CANADA (GLOBAL HEADQUARTERS)Canadian Solar Inc. 545 Speedvale Avenue, West Guelph Ontario, Canada N1K 1E6 TEL +1 (0) 519 837 1881 FAX +1 (0) 519 837 2550 E-MAIL sales@canadiansolar.com

AUSTRALIACanadian Solar MSS (Australia) Pty Ltd. 44 Stephenson St,Cremorne VIC 3121, Australia TEL +61 (03) 8609 1844 E-MAIL sales.au@canadiansolar.com

CONTACT

www.canadiansolar.com/au

2018 V1 AU