Write the comonad as and its category of coalgebras for a comonad as . A coalgebra for a comonad is a map with and . A morphism satisfies . Let be the forgetful functor and let be the cofree coalgebra. The adjunction has the explicit correspondence
We construct the three pieces of the elementary topos structure.
Because preserves finite limits, each underlying finite limiting cone has a unique coalgebra structure induced by the structures on its vertices. The counit and coassociativity equations can be checked after its jointly monic projections. Thus creates finite limits and reflects isomorphisms. A morphism of coalgebras is monic exactly when its underlying morphism is monic, by the diagonal criterion using the created pullback.
For exponentials in a coalgebra topos, fix coalgebras and and put in . On the cofree coalgebra there is an underlying evaluation
The two maps
use in the second expression. Transpose them in to maps , and then transpose across to coalgebra morphisms . Take their equalizer in .
An underlying map corresponds to a coalgebra map . The equation saying that the original map is a coalgebra morphism is precisely , since for the structure . By the cofree adjunction, this is equivalent to , hence to unique factorization through . Therefore
naturally in . This constructs the required exponential object.
For the subobject classifier of a coalgebra topos, let be the underlying subobject classifier, and let classify the mono . Its cofree transpose is the coalgebra endomorphism
Define as the equalizer of and . The transpose of factors through this equalizer and gives .
Indeed, for a subobject classified by , the pullback has characteristic map . It is always contained in , by naturality of the counit. Equality holds exactly when restricts to a coalgebra structure on ; its axioms then follow by composing with the monomorphisms and . Under , the classifying map becomes . The equality of subobjects is . Transposing this equality gives , so exactly the coalgebra subobjects correspond to maps . Their pullback of is the desired subcoalgebra, and uniqueness follows from uniqueness of .
Thus we have finite limits, exponentials and a subobject classifier:
The construction does not assume that preserves the underlying exponentials or underlying subobject classifier.

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