US MSRP ELECTRICS PRICE BOOK - HEARTH | 2021 - HEARTH DIVISION AD-PB-ELEC-HEARTH-NAPUS-21 - AF Distributors

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US MSRP ELECTRICS PRICE BOOK - HEARTH | 2021 - HEARTH DIVISION AD-PB-ELEC-HEARTH-NAPUS-21 - AF Distributors
HEARTH | 2021
                             US MSRP ELECTRICS
                                    PRICE BOOK      Effective: February 15, 2021

HEARTH DIVISION                Please export pricebook spreadsheet from Napoleon's
AD-PB-ELEC-HEARTH-NAPUS-21     Dealer Portal for the most current content and prices.
US MSRP ELECTRICS PRICE BOOK - HEARTH | 2021 - HEARTH DIVISION AD-PB-ELEC-HEARTH-NAPUS-21 - AF Distributors
TABLE OF CONTENTS

    04                                           14
    BUILT-IN                                     ELECTRIC FIREPLACE
    4    CLEARion Elite Series
                           ™

                                                 MANTEL PACKAGES
    5    Trivista Series
                   ™

                                                 14   Decor Series
    6    Element Series
                       ™

    7    NEW Cineview Series

                                                 15
                                   ™

    8    Ascent Electric Series
                   ™

    09
                                                 ELECTRIC LOG SETS
                                                 15   Woodland Series
                                                               ™

    WALL HANGING
    9    NEW Stylus Series
                               ™

    10   Alluravision Deep Series
                               ™

    11   Alluravision Slimline Series
                               ™

    12   Entice Series
               ™

    13   Allure Vertical Series
               ™

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US MSRP ELECTRICS PRICE BOOK - HEARTH | 2021 - HEARTH DIVISION AD-PB-ELEC-HEARTH-NAPUS-21 - AF Distributors
16
PRODUCT RETURNS
16      Product Returns

MAP POLICY
17      Minimum Advertised Price (MAP) Policy

Prices listed in US dollars. Napoleon strives for accuracy and the information in this Price Book reflects the information available at the time of publication. Occasionally, product
specifications are updated or prices change without notice due to circumstances beyond our control. A correction notice will be issued if inaccuracies occur. The most current version of the
Price Book can always be accessed through the dealer portal on my.napoleon.com. Wolf Steel Ltd reserves the right to makes changes to prices and products without notice.

                                                                                                                            2021 US ELECTRIC HEARTH PRICE BOOK                                  3
US MSRP ELECTRICS PRICE BOOK - HEARTH | 2021 - HEARTH DIVISION AD-PB-ELEC-HEARTH-NAPUS-21 - AF Distributors
BUILT-IN ELECTRIC FIREPLACES

    CLEARion Elite Series
                                              ™

    CLEARion Elite 50 Glass in see through mode                CLEARion Elite 50 Glass in semi-transparent mode              CLEARion Elite 50 Glass in opaque mode

    FEATURES
    › Up to 10,000 BTU's and 3,000 Watts                                                         › Can be Hardwired - 120V or 240V
    › Privacy Glass Feature                                                                      › Multi-Color Ember Bed
    › 2 Year Warranty                                                                            › Simple Framing Specifications
    › See Through Patented Technology                                                            › Heaters Operate Independently from Each Side
    › Log Set with Topaz Glass and Crystal Media Included                                        › Full Feature Remote Control
    › Flame/Heat Adjustment

     STEP 1 - CLEARION ELITE ELECTRIC FIREPLACE MODELS
                                 ™

                                                                             (Mandatory. Choose base unit)

     Product Description                                                                                          NEFBD50HE                         NEFBD60HE
                                                                                                                  $2,099                            $2,499
     CLEARion Elite Built-in Electric Fireplace
                ™

                                                                                                                  NEFBD50HE                         NEFBD60HE
     STEP 2 - MEDIA KITS AND GLASS KITS             (Mandatory. Choose one to complete unit)

     Product Description                                                                                          NEFBD50HE                         NEFBD60HE
                                                                                                                  $299                              $329
     Black Surrounds to Accommodate 2" X 4" Wall Installation (for Both Sides)
                                                                                                                  NEFBD50HE-DTRM                    NEFBD60HE-DTRM
                                                                                                                  $349                              $429
     Stainless Steel Surrounds to Accommodate 2" X 4" Wall Installation (for Both Sides)
                                                                                                                  NEFBD50HE-SS-DTRM                 NEFBD60HE-SS-DTRM
                                                                                                                  $399
     Stainless Steel Surrounds to Accommodate 2" X 8" Wall Installation (for Both Sides)                                                            N/A
                                                                                                                  NEFBD50HE-SS-TRIM
                                                                                                                  $135                              $135
     Glass Embers Media Kits (Amber (MKGA), Black (MKGK), Blue (MKGB), Clear (MKGC),
                                                                                                                  See codes in product              See codes in product
     Red (MKGR), Topaz (MKGT))
                                                                                                                  description                       description

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US MSRP ELECTRICS PRICE BOOK - HEARTH | 2021 - HEARTH DIVISION AD-PB-ELEC-HEARTH-NAPUS-21 - AF Distributors
BUILT-IN ELECTRIC FIREPLACES

Trivista Series
                            ™

NEFB50H-3SV                             NEFB60H-3SV

FEATURES
› Up to 10,000 BTUs and 3,000 Watts                                           › Combination of Northern Woods Log Set and Crystal Media
› 2 Year Warranty                                                             › Multi-Color Ember Bed
› 1, 2 or 3 Sided View                                                        › Flame/Heat Adjustment
› Hardwire to 120V or 240V                                                    › Full Feature Remote Control

 STEP 1 - TRIVISTA ELECTRIC FIREPLACE MODELS
                        ™

                                                  (Mandatory. Choose base unit)

 Product Description                                                                          NEFB50H-3SV           NEFB60H-3SV
                                                                                              $1,899                $1,999
 Trivista Built-in Electric Fireplace
        ™

                                                                                              NEFB50H-3SV           NEFB60H-3SV

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US MSRP ELECTRICS PRICE BOOK - HEARTH | 2021 - HEARTH DIVISION AD-PB-ELEC-HEARTH-NAPUS-21 - AF Distributors
BUILT-IN ELECTRIC FIREPLACES

    Element Series
                                ™

    NEFB36H-BS

    FEATURES
    › Up to 10,000 BTU’s                                                     › Plug-In or Hardwire 120V/240V
    › 2 Year Limited Warranty                                                › Multi-Function Remote Included
    › Vivid Flame Effect                                                     › Thermostatic Control
    › Self-Trimming                                                          › Top Light in 7 Color Settings

    STEP 1 - ELEMENT ELECTRIC FIREPLACE MODELS
                          ™

                                                 (Mandatory. Choose base unit)

    Product Description                                                                                         NEFB36H-BS
                                                                                                                $949
    Element 36 Built-in Electric Fireplace
             ™

                                                                                                                NEFB36H-BS

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US MSRP ELECTRICS PRICE BOOK - HEARTH | 2021 - HEARTH DIVISION AD-PB-ELEC-HEARTH-NAPUS-21 - AF Distributors
BUILT-IN ELECTRIC FIREPLACES

Cineview Series
                                ™

NEFB26H                                NEFB30H

FEATURES
› 5,000 BTU’s                                                                  › ECO Mode: Heater at Half Heat
› 1 Year Warranty                                                              › Boost Mode: Heater at Max Heat with Accelerated Fan Speed
› 1,500 Watts                                                                  › 7 Ember Bed Color Options
› Plug In or Hardwire                                                          › Orange, Blue and Multi-Color Flame Options
› Logs and Black Crystal Media in One Box                                      › Touch Screen Control Panel

STEP 1 - CINEVIEW ELECTRIC FIREPLACE MODELS
                          ™

                                                    (Mandatory. Choose base unit)

Product Description                                                                            NEFB26H                 NEFB30H
                                                                                               $649                    $799
Cineview Built-In Electric Fireplace
          ™

                                                                                               NEFB26H                 NEFB30H
STEP 2 - ADDITIONAL PARTS AND ACCESSORIES        (Optional)

Product Description                                                                            NEFB26H                 NEFB30H
                                                                                               $119                    $139
Optional 3/4pc trim kit
                                                                                               NEFTK2636               NEFTK3040

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US MSRP ELECTRICS PRICE BOOK - HEARTH | 2021 - HEARTH DIVISION AD-PB-ELEC-HEARTH-NAPUS-21 - AF Distributors
BUILT-IN ELECTRIC FIREPLACES

    Ascent Electric Series
                              ™

    NEFB33H                              NEFB40H

    FEATURES
    › Up to 9,000 BTU’s                                                            › WHISPER QUIET Fan and Heater
                                                                                                        ™

    › 2 Year Warranty                                                              › NIGHT LIGHT
                                                                                                  ™

    › 1,500 Watts                                                                  › Realistic Brick Panels, Log Set and Glowing Embers
    › Plug-In or Hardwire 120V/240V                                                › Self-Trimming Flange
    › Ultra Bright LED Lights

    STEP 1 - ASCENT ELECTRIC FIREPLACE MODELS
                          ™

                                                   (Mandatory. Choose base unit)

    Product Description                                                                               NEFB33H             NEFB40H
                                                                                                      $1,299              $1,599
    Ascent Built-in Electric Fireplace
              ™

                                                                                                      NEFB33H             NEFB40H

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US MSRP ELECTRICS PRICE BOOK - HEARTH | 2021 - HEARTH DIVISION AD-PB-ELEC-HEARTH-NAPUS-21 - AF Distributors
WALL HANGING ELECTRIC FIREPLACES

Stylus Series
                       ™

NEFP32-5019W - Cara                                                       NEFP32-5320BW - Steinfeld

FEATURES
› Up to 5,000 BTUs                                                            › Remote Control Included
› 2 Year Warranty                                                             › Dual USB Charger Ports (5V/3.1A)
› Combination of Birch Log Set and Crystal Media                              › Shelf with Accent Light
› 1,500 Watts                                                                 › Four Flame Color Settings
› Simply Hang and Plug-In 120V                                                › Six Ember Bed Color Settings

 STEP 1 - STYLUS ELECTRIC FIREPLACE MODELS
                       ™

                                              (Mandatory. Choose base unit)

 Product Description
                                                                                                                        $899
 Stylus Cara Electric Fireplace
        ™

                                                                                                                        NEFP32-5019W
                                                                                                                        $1,099
 Stylus Steinfeld Electric Fireplace
        ™

                                                                                                                        NEFP32-5320BW

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US MSRP ELECTRICS PRICE BOOK - HEARTH | 2021 - HEARTH DIVISION AD-PB-ELEC-HEARTH-NAPUS-21 - AF Distributors
WALL HANGING ELECTRIC FIREPLACES

     Alluravision Deep Series
                                                    ™

     NEFL42CHD-1 - Deep               NEFL50CHD-1 - Deep   NEFL60CHD-1 - Deep                                   NEFL74CHD-1 - Deep

     NEFL100CHD-1 - Deep

     FEATURES
     › Up to 9,000 BTU’s                                                         › Deep View Design
     › 2 Year Warranty                                                           › Yellow, Orange, Blue or Combined Flame Color Options
     › Log Set and Crystal Clear Cube Ember Bed                                  › Can be Fully Recessed into the Wall
     › WHISPER QUIET Blower with Boost Function                                  › LED Lighting
                             ™

     › Simply Plugs into 120V Outlet                                             › Touch Screen Control Panel
     › Can be Hardwired 120/240V                                                 › Multi-Color Ember Bed and NIGHT LIGHT
                                                                                                                                       ™

      STEP 1 - ALLURAVISION DEEP DEPTH ELECTRIC FIREPLACE MODELS
                                  ™

                                                                                (Mandatory. Choose base unit)

      Product Description
                                                                                                                                     $1,229
      Alluravision 42 Deep Depth Electric Fireplace
                     ™

                                                                                                                                     NEFL42CHD-1
                                                                                                                                     $1,439
      Alluravision 50 Deep Depth Electric Fireplace
                     ™

                                                                                                                                     NEFL50CHD-1
                                                                                                                                     $1,539
      Alluravision 60 Deep Depth Electric Fireplace
                     ™

                                                                                                                                     NEFL60CHD-1
                                                                                                                                     $1,889
      Alluravision 74 Deep Depth Electric Fireplace
                     ™

                                                                                                                                     NEFL74CHD-1
                                                                                                                                     $2,349
      Alluravision 100 Deep Depth Electric Fireplace
                     ™

                                                                                                                                     NEFL100CHD-1

10                  2021 US HEARTH PRICE BOOK
WALL HANGING ELECTRIC FIREPLACES

Alluravision Slimline Series
                                                  ™

NEFL42CHS-1 - Slim                 NEFL50CHS-1 - Slim                  NEFL60CHS-1 - Slim                            NEFL74CHS-1 - Slim
FEATURES
› Up to 5,000 BTU’s                                     › Simply Plugs into 120V Outlet                              › Can be Fully Recessed into the Wall
› 2 Year Warranty                                       › Can be Hardwired 120V                                      › LED Lighting
› Crystal Clear Cube Ember Bed                          › Ultra Slim Design                                          › Touch Screen Control Panel
› WHISPER QUIET Blower with                             › Yellow, Orange, Blue or Combined                           › Multi-Color Ember Bed and
                        ™

  Boost Function                                          Flame Color Options                                          NIGHT LIGHT
                                                                                                                                          ™

 STEP 1 - ALLURAVISION SLIMLINE ELECTRIC FIREPLACE MODELS
                               ™

                                                                                     (Mandatory. Choose base unit)

 Product Description
                                                                                                                                              $1,069
 Alluravision 42 Slimline Electric Fireplace
                ™

                                                                                                                                              NEFL42CHS-1
                                                                                                                                              $1,279
 Alluravision 50 Slimline Electric Fireplace
                ™

                                                                                                                                              NEFL50CHS-1
                                                                                                                                              $1,379
 Alluravision 60 Slimline Electric Fireplace
                ™

                                                                                                                                              NEFL60CHS-1
                                                                                                                                              $1,729
 Alluravision 74 Slimline Electric Fireplace
                ™

                                                                                                                                              NEFL74CHS-1
 STEP 2 - ADDITIONAL PARTS AND ACCESSORIES                (Optional)

 Product Description
                                                                                                                                              $135
 Amber Glass Embers Media Kit
                                                                                                                                              MKGA
                                                                                                                                              $135
 Black Glass Embers Media Kit
                                                                                                                                              MKGK
                                                                                                                                              $135
 Blue Glass Embers Media Kit
                                                                                                                                              MKGB
                                                                                                                                              $135
 Clear Glass Embers Media Kit
                                                                                                                                              MKGC
                                                                                                                                              $135
 Red Glass Embers Media Kit
                                                                                                                                              MKGR
                                                                                                                                              $135
 Topaz Glass Embers Media Kit
                                                                                                                                              MKGT
                                                                                                                             2021 US HEARTH PRICE BOOK       11
WALL HANGING ELECTRIC FIREPLACES

     Entice Series
                                ™

     NEFL36CFH                  NEFL42CFH            NEFL50CFH                                   NEFL60CFH                            NEFL72CFH

     FEATURES
     › Up to 5,000 BTU’s                                     › Blue, Orange and Combined Multi-                               › Touch Control Panel
     › 2 Year Warranty                                         Color Flames                                                   › 6 Ember Bed Color with Cycling and
     › Simply Plug into a 120V Outlet                        › Remote Control                                                   Fade-In-and-Out Effect
     › Can be Hardwired 120V                                 › Wall Mount, Partial and Fully Recessed                         › Optional Log Sets Available
                                                               Installations

      STEP 1 - ENTICE ELECTRIC FIREPLACE MODELS
                            ™

                                                                 (Mandatory. Choose base unit)

      Product Description
                                                                                                                                                      $599
      Entice 36 Electric Fireplace
             ™

                                                                                                                                                      NEFL36CFH
                                                                                                                                                      $799
      Entice 42 Electric Fireplace
             ™

                                                                                                                                                      NEFL42CFH
                                                                                                                                                      $999
      Entice 50 Electric Fireplace
             ™

                                                                                                                                                      NEFL50CFH
                                                                                                                                                      $1,199
      Entice 60 Electric Fireplace
             ™

                                                                                                                                                      NEFL60CFH
                                                                                                                                                      $1,399
      Entice 72 Electric Fireplace
             ™

                                                                                                                                                      NEFL72CFH
      STEP 2 - ADDITIONAL PARTS AND ACCESSORIES                  (Optional)

      Product Description                                         NEFL36CFH                NEFL42CFH               NEFL50CFH            NEFL60CFH     NEFL72CFH

                                                                  $99                      $99                     $129                 $149          $199
      Birch log set with rocks for Entice
                                            ™

                                                                  NEF-BLRAK42              NEF-BLRAK42             NEF-BLRAK50          NEF-BLRAK60   NEF-BLRAK72
                                                                  $99                      $99                     $129                 $149          $199
      Driftwood log set with rocks for Entice
                                                ™

                                                                  NEF-DRAK42               NEF-DRAK42              NEF-DRAK50           NEF-DRAK60    NEF-DRAK72
      Glass Embers Media Kits (Amber (MKGA), Black (MKGK),                                                                 $135
      Blue (MKGB), Clear (MKGC), Red (MKGR), Topaz (MKGT))                                                   See codes in product description

12               2021 US HEARTH PRICE BOOK
WALL HANGING ELECTRIC FIREPLACES

Allure Vertical Series
                       ™

NEFVC32H               NEFVC38H

FEATURES
› Up to 5,000 BTU’s                                                  › Blue, Orange, Yellow or Multi Color Flames
› 2 Year Warranty                                                    › LED Side Accent Lighting
› Simply Plugs into 120V Outlet                                      › Flame Speed Adjustment
› Wall Mount or Partially Recessed                                   › Multiple Ember Bed Color Options
› Ultra Slim Design                                                  › Multi Function Remote Control

 STEP 1 - ALLURE VERTICAL ELECTRIC FIREPLACE MODELS
                       ™

                                                      (Mandatory. Choose base unit)

 Product Description
                                                                                                                    $499
 Allure Vertical 32 Electric Fireplace
       ™

                                                                                                                    NEFVC32H
                                                                                                                    $649
 Allure Vertical 38 Electric Fireplace
       ™

                                                                                                                    NEFVC38H

                                                                                                  2021 US HEARTH PRICE BOOK    13
ELECTRIC FIREPLACE MANTEL/ENTERTAINMENT PACKAGES

     Decor Series

     NEFP33-0214W

     The Taylor
     FEATURES
     › Classic White Finish
     › Black Slate Styled Surround
     › Pedestal Base
     › Decorative Dentil Accent Molding

      STEP 1 - THE TAYLOR ELECTRIC FIREPLACE MODELS                   (Mandatory. Choose base unit)

      Product Description                                                                             NEFP33-0214W
                                                                                                      $1,699
      The Taylor Electric Fireplace Mantel Package (Includes Ascent 33 firebox)
                                                                                                      NEFP33-0214W

14                  2021 US HEARTH PRICE BOOK
ELECTRIC LOG SETS

Woodland Series
                                    ™

NEFI18H                         NEFI24H                    NEFI27H

FEATURES
› Up to 5,000 BTU's                                                      › Flame/Heat Adjustment
› 1 Year Limited Warranty                                                › Safe to Touch
› Hand Painted Resin Log Set                                             › Can be Hardwired
› High Intensity LED Lights                                              › Projected Flame Effect

 STEP 1 - WOODLAND ELECTRIC LOG SET MODELS
                        ™

                                             (Mandatory. Choose base unit)

 Product Description
                                                                                                                $499
 Woodland 18 Electric Log Set
          ™

                                                                                                                NEFI18H
                                                                                                                $599
 Woodland 24 Electric Log Set
          ™

                                                                                                                NEFI24H
                                                                                                                $699
 Woodland 27 Electric Log Set
          ™

                                                                                                                NEFI27H

                                                                                                    2021 US HEARTH PRICE BOOK   15
Product Returns
     POLICY GUIDELINES
     A Return Authorization (RA) must be requested from Dealer Services, Order Desk or Customer Solutions Department of WOLF STEEL LTD (WSL). Once
     requested, your claim will be reviewed, and if accepted, a Return Authorization number will be issued. Please quote this number any time you
     inquire about your claim.
     Any returned product that is sent to Wolf Steel without prior authorization (an RA Number) will be refused and returned, freight collect.
     Any product returned must be forwarded in the original packaging via ground delivery, as advised by WOLF STEEL LTD.
     All product must be returned to WSL within 30 calendar days from the day that the RA was issued in order to qualify for possible
     replacement or credit.
     Return Authorizations, replacements (subject to inspection of returned items, including their packaging) and shipping method/cost is always at the
     sole discretion of WSL.
     Return Authorization number must be prominently written
     on all paperwork when packaging product for return.

     INFORMATION REQUIRED
     The following information is required in order to obtain a return authorization:
       • Part/Unit number
       • Invoice number(s) of original shipment and/or the replacement part(s)
       • Exact quantity to be returned
       • Reason for return

     RETURN CLASSIFICATION GUIDELINES.
     Returned and Reworked Products under Warranty are classified and processed under the following guidelines:
       • Product under warranty, deemed functioning to design specifications:
          If the product is determined to be free of defects or not under warranty, it will be returned to the customer, who will be invoiced for any rework
          and handling charges including repackaging and freight costs. The customer is notified and asked if they wish to have the goods returned
          collect. If no response is received after 5 working days the parts will be scrapped. No credit is issued.
       • Product under warranty showing defect(s) caused by improper handling or installation:
          The customer is notified and the product is scrapped, unless otherwise instructed by the customer. No credit is issued and handling
          charges will apply.
       • Product under warranty which is defective:
          Product is repaired/replaced or credit issued at the discretion of WOLF STEEL LTD.
          Product shipped to replace defective merchandise will be invoiced at regular prices and a credit will be issued upon return of defective product,
          subject to inspection.
       • Product no longer under warranty and with no salvageable value:
          The product will be scrapped unless otherwise instructed by the customer. Return shipping charges are the responsibility of the customer. No
          credit is issued.

     QUALIFYING PRODUCT
     The following is a summary of what may be Returned/Credited under the current policy without restocking fees charged:
       • Error at the time of order by WSL
       • The product has clearly been damaged due to shipping (if product was shipped directly from WSL see freight policy for details)
       • Shipping Damage must be reported to WOLF STEEL LTD within 24 hours of receiving the product from WSL. The shipping slip of the freight
          company must have a note of the damage.
       • The product has concealed damage due to inadequate packaging
       • Concealed damage must be reported within 30 calendar days from the initial shipment date from WSL.
       • The product has a defect
       • The product is requested by WSL to be returned for a quality control reason
       • Under rare instances and only with an approved Return Authorization from WOLF STEEL LTD., a customer may request the return of overstock
          product. Wolf Steel is under no obligation to accept returns related to overstock.

     The following conditions will apply:

       a) The product must be current (must have been purchased in the last 30 days) and must be in resalable condition. (This applies to both the
          product and the packaging with no visible markings.)
       b) If found in defective condition, the customer will be notified and the product will be scrapped, unless otherwise instructed by the customer, and
          no credit will be issued any handling charges including fright costs will be invoiced
       c) If found to be in good condition, a credit will be issued, less 35% restocking charge, return freight cost and any other charge incurred
          for processing.
       d) The above conditions will not apply to outdated or discontinued product either distributed or manufactured by WOLF STEEL LTD.

16              2021 US ELECTRIC HEARTH PRICE BOOK
Minimum Advertised Price (MAP) Policy
DISCLAIMER: This document is only a SUMMARY of the Napoleon Minimum Advertised Price (MAP) Policy. The MAP Policy is located in the
my.napoleon.com Dealer Portal or it can be requested directly from the MAP Policy Administrator.

THE MINIMUM ADVERTISED PRICE (MAP) FOR ALL NAPOLEON PRODUCTS SHALL BE NO LESS THAN THE MANUFACTURER’S
SUGGESTED RETAIL PRICE (MSRP), UNLESS OTHERWISE SPECIFIED
The Minimum Advertised Price policy applies to:
  • All forms of trade, public and consumer advertising, including the internet
  • All dealers / retailers that sell direct to consumers
  • All dealers in Canada, United States and Mexico
  • All Napoleon Products listed within the current ‘Napoleon MAP Price Lists’ and ‘Interim Price Sheets’ located in the
     my.napoleon.com Dealer Portal.

A Reseller will violate the MAP policy by:
   • Advertising a price that is lower than the published MSRP/MAP.
   • Advertising a percentage reduction from a reference price that results in a price lower than the relevant MSRP/MAP, includes providing online
     discount codes, Amazon and Google Shopping listings with percentage reductions. (See ‘Appendix A’ for examples).
   • Using such website features, but not inclusive to, as ‘click for price’, automated pricing emails, automated price displays that show price
     lower than MSRP/MAP.
   • Using terminology that implies to the consumer that they will be able to purchase the product below MSRP/MAP. (See ‘Appendix
     B’ for examples).
   • Bundling the Company’s products that are lower than the sum of each MAP for the relevant product.
   • Using strike-through or other alteration of the advertised text that indicates a price lower than MSRP/MAP.
   • Advertising on 3rd party marketplace websites, auction websites, social media marketplaces, classified ad websites, price aggregator websites
     such as Amazon.com, Ebay.com unless the Dealer meets the criteria outlined in ‘Appendix D’ and is approved by a Napoleon Sales Director.
   • Advertising ‘used’ products on 3rd party marketplace websites such as Amazon.com, Ebay.com.
   • Online selling of the Luxuria Series (LVX) & Vector Series (LV) with Dynamic Heat Control (DHC).
   • Discounting Napoleon products below MAP after being added to the online shopping cart.
   • Re-selling any Napoleon product to another dealer or internet retailer such as Amazon.com.
   • Advertising or inflating MSRP by more than 10%; includes the practice of inflating MSRP with a strike-through to discount to MAP.

Exclusions:
  • This Policy only sets forth suggested advertised prices and does not apply to the price at which the products are sold.
  • Offering ‘free shipping’ and ‘free financing’ by the Reseller is allowed at point of sale of Napoleon products.
  • Website discounts applied at checkout to the entire order based on consumer loyalty/history with Reseller, such as discounts for ‘frequent
     shoppers’ is acceptable after pre-approval by the Napoleon MAP Policy Administrator.

ENFORCEMENT:
1 VIOLATION: A first violation will have occurred when the Dealer violates the Policy for the first time in a 12-month period. The Dealer will have
 ST

24 hours to comply with the MAP Policy from the date of the notification before the infraction is considered a second (2nd) violation.
2 VIOLATION: A second violation will have occurred when the Dealer violates the Policy within a 12-month period from the date of the 1st
 ND

violation. The Dealer will have 24 hours to comply with the MAP Policy from the date of the 2nd notification before the infraction is considered a
third (3rd) violation.

A second violation will result in:
   • Ineligibility to participate in Napoleon advertising and sales promotions for the period the violation remains uncorrected
   • Loss of access to any discounts, coop or rebates offered by Napoleon for the period the violation remains uncorrected
   • Removal from all Napoleon website dealer locators for the period the violation remains uncorrected

3 VIOLATION: A third violation will have occurred when the Reseller violates the Policy within a 12-month period from the date of the 1st
 RD

violation. The Dealer will have 24 hours to comply with the MAP Policy from the date of the 3rd notification before the infraction is considered a
fourth (4th) violation.

A third violation will result in:
   • Loss of any discounts, coop or rebates offered by Napoleon for a period of 12 months
   • Limited access to some or all of Napoleon’s products until the dealer has remedied
   • Being added to the Do-Not-Sell list for some or all of Napoleon’s products until dealer has remedied

4 VIOLATION: A fourth violation will have occurred when the Dealer violates the Policy within a 12-month period from the date of the 1st violation.
 TH

A fourth violation will result in:
   • Limited access to some or all of Napoleon’s products for an indefinite period
   • Being added to Napoleon’s Do-Not-Sell list for an indefinite period

                                                                                                     2021 US ELECTRIC HEARTH PRICE BOOK               17
Minimum Advertised Price (MAP) Policy
     NAPOLEON’S SALES PERSONNEL, REPRESENTATIVES OR DEALERS (INCLUDING DISTRIBUTORS AND WHOLESALERS) HAVE NO
     AUTHORITY TO MODIFY OR GRANT EXCEPTIONS TO THE MAP POLICY.
     All questions and comments regarding the Policy should be directed to the ‘Policy Administrator’.
     The MAP Policy Administrator
     24 Napoleon Road
     Barrie, Ontario
     L4M 0G8, Canada
     Email: MapPolicy@napoleon.com

     APPENDIX A - DISCOUNTS EXAMPLES
     Amazon

     Google Shopping

     APPENDIX B - JARGON/PHRASES EXAMPLES
       •   “Call for Best Price/Better deal”
       •   “Add to Cart for Price” (and the cart price is below MAP)
       •   “Visit a local showroom for our best prices”
       •   “We will beat any price”
       •   “Talk to a salesperson for best price/better deal” - note: a pop up chat window that initiates discussion to lower cost is also a violation.

     APPENDIX C (WEBSITE EXAMPLES, POLICY IS NOT LIMITED TO THESE LISTED)
     3rd Party Only Markeplaces
       • Amazon, Etsy, eBay, Jet, Walmart, Newegg, Rover, Bonanza, Craigslist, Alibaba, Houzz

     List of auction websites
        • eBay, Atomic Mall, Auctionmaxx, AuxtionZip, Bonanza, eBid, uBid, Webstore.com, LiveAuctioneers, TheSaleRoom

     List of price aggregator websites
        • Google Shopping, PriceGrabber, Shopping.com, Shopzilla, Become, Bing Shopping Campaigns, Pronto, Bizrate, Amazon Sponsored Products,
           ShopMania, ShopSavvy, Yahoo Shopping

     List of classified advertising websites
        • Kijiji, Craigslist, LetGo (OLX), Backpage, Gumtree, Classified Ads, Oodle, Adpost

     List of social media marketplace websites
        • Facebook Marketplace, Instagram Shop Now

18              2021 US ELECTRIC HEARTH PRICE BOOK
Minimum Advertised Price (MAP) Policy
APPENDIX D - THE ONLINE MARKETPLACE RESELLER REQUIREMENTS ARE AS FOLLOWS:
 a) Dealer has a call center dedicated exclusively to on-line reselling and can demonstrate satisfaction of the following over the preceding six (6)
    month period: abandoned call rate less than 5%; agent attrition rate less than 20%; time-weighted call occupancy 70-80%; 365 day operation;
    weekday coverage 8AM EDT - 6PM PDT; weekend coverage 9AM EDT-5PM PDT; service downtime less than 1%;
 b) At least 80% of all sales made by Dealer are through 3rd party marketplace websites, auction websites, social media marketplaces, classified
    ad websites and price aggregator websites, such as but not limited to Amazon.com, Amazon.ca, Bestbuy.com, Bestbuy.ca, Walmart.com,
    Walmart.ca, Ebay.com and Ebay.ca;
 c) On each platform through which Dealer sells, Dealer has and has maintained for a period of at least 12 months, the highest seller rating
    applicable to the platform;
 d) Dealer has the capacity to fulfill online orders directly;
 e) Dealer takes active steps to ensure that at least 80% of all sales of Wolf products [both unit and revenue] made by Dealer are fulfilled by
    Dealer; if the warehouse to drop ship ratio falls below 80%, Dealer must take steps to correct same within 10 business days;
 f) Dealer has Wolf inventory on hand capable of meeting 4 months expected sales;
 g) Dealer provides real-time sales reporting to Wolf;
 h) Dealer shares with Wolf data collected from visitors accessing Dealer site via searches associated with any trademark of Wolf, including but not
    limited to NAPOLEON;
 i) Dealer shares with Wolf details of keyword and similar advertising used by Dealer and provides metrics relevant to Wolf, including but not
    limited to open, click-through, click-to-open and conversion rates, cross-referenced to demographic and socio-economic profiles as available.

                                                                                                 2021 US ELECTRIC HEARTH PRICE BOOK                    19
NAPOLEON
CELEBRATING OVER 40 YEARS OF HOME COMFORT PRODUCTS

24 Napoleon Road, Barrie, Ontario, L4M 0G8
103 Miller Drive, Crittenden, Kentucky, USA 41030
7200 Trans Canada Highway, Montreal, Quebec H4T 1A3

PHONE: 1-888-721-7253
hearthsales@napoleon.com

                                                                Printed in Canada
                                                      Effective: February 15, 2021
                                                                         v21-02-10
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