This is the collection of sequences $\{a_n\}_{n\in\mathbb{Z}}$ for which each term $a_n$ is one of $0$,$1$, or $2$.
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Bumbble Comm
On
In general $A^B$ is used to denote the set of functions $B \rightarrow A$.
Hence in your case, $$\{ 0, 1,2 \}^{\mathbb{Z}} = \{ f : \mathbb{Z} \rightarrow \{ 0, 1, 2 \} \}$$ This set can also be thought of as 'sequences' indexed by all integers (positive, zero and negative) of $0, 1$ and $2$.
This is the collection of sequences $\{a_n\}_{n\in\mathbb{Z}}$ for which each term $a_n$ is one of $0$,$1$, or $2$.