Exponential of covariant set-valued functors ($(H^G)(c)=\mathrm{Nat}(\mathcal{C}(c,-)\times G,H)$)

For a small category, this formula defines the exponential object in its covariant set-valued functor category. An arrow $c\to d$ acts by precomposition with $\mathcal{C}(d,-)\to \mathcal{C}(c,-)$. Evaluation applies a natural transformation to $(1_c,z)$; currying a map $P\times G\to H$ sends $p\in P(c)$ to the transformation $(f,z)\mapsto \theta (P(f)p,z)$. The formulas prove the universal property directly, without an adjoint existence theorem.