Adt Inc. · NYSE:ADT
Adt — ADT and Google Partnership Announcement Conference Call (August 2020)
14 slides from Adt's conference presentation, Aug 3, 2020
Slide 1: ADT and Google Partnership Announcement, August 3, 2020
a oC Oo ae If ry —_—<— August 3, 2020 : .
Slide 2: Forward Looking Statements
Forward Looking Statements ADT has made statements in this presentation and other reports, filings, and other public written and verbal announcements that are forward-looking and therefore subject to risks and uncertainties. All statements, other than statements of historical fact, included in this
Slide 3: ADT + Google Nest Are Committing to a Long-Term Strategic Partnership
ADT + Google Nest Are Committing to a Long-Term Strategic Partnership – Advancing Leadership in Smart Home, Security, & Safety Solutions Google investments in the Unmatched partnership Customer Experience $450M investment in ADT common Profitable equity Growth (1) Innovation $150M commitment in trai
Slide 4: ADT is the Leader in Security & Automation
ADT is the Leader in Security & Automation For 6.5 Million Providing From approximately 20,000 Generating $5 Billion Total Customers Professional Service Employees, including 5,000 of Revenue with ~80% with Over 3 Million 24 Hours/Day Service Professionals Contractually Recurring Interactive Custome
Slide 5: Today's Announcement is an Accelerator on ADT's Journey of Capital Efficient Growth and Innovation
Today’s Announcement is an Accelerator on ADT’s Journey of Capital Efficient Growth and Innovation National Command 2.5M+ Rollout of & Control Interactive Brand Consumer Founded Launch Brand Launch Customers Launch Financing 1874 Feb 2016 Jan 2018 Dec 2018 Jan 2019 Feb 2019 Sep 2019 Oct 2019 Dec 201
Slide 6: Uniting Two Market Leading and Highly Complementary Platforms
Uniting Two Market Leading and Highly Complementary Platforms America’s most Largest Highly recognized Leading smart home trusted security security system consumer technology platform with Google brand installed base of 6.5 brand Assistant ADT + Google million customers Nest delivers a fully integra
Slide 7: Strategic Partnership Will Define the Connected Home of the Future
Strategic Partnership Will Define the Connected Home of the Future… 280+ Today’s Limitations Future Solutions 10.8+ Million Lights Billion ▪ Many connected ▪ Complete product Captured video clips devices with limited suite from ADT + integration Google 840+ Million 330+ Thermostats ▪ Multiple apps ▪
Slide 8: …in a Rapidly Expanding Addressable Market…
…in a Rapidly Expanding Addressable Market… …and dramatically growing smart home A large and growing market for security… market ~20% ~20% CAGR Penetration ~120M 33 $33B $13B 13 ~24M Professionally Single-Family 2018 2023E Monitored Homes (1) Homes in U.S. (1) North American Smart Home Market (2018-
Slide 9: …and Will Solidify ADT's Long-Term Growth Opportunities
…and Will Solidify ADT’s Long-Term Growth Opportunities New, future + products & A broader services product $300M in Curator of the Next-gen, combined, go- smart, helpful offering Unlock new intelligent home 6 Million + opportunities professional to-market with best- Combined funding for existing in
Slide 10: Key Indicative Partnership Milestones
Key Indicative Partnership Milestones Horizon 3: Re-Imagination Horizon 2: Innovation Horizon 1: ▪ Future of automation & security Integration ▪ New intelligent products and services enabled by new technologies ▪ A new generation of customers ▪ Develop and launch next- generation professional instal
Slide 11: Summary of Google Investment
Summary of Google Investment ▪ Long-term partnership ▪ Google investment of $450M to acquire 6.6% of ADT (1) with 3-year lock Transaction up period Terms ▪ $300M combined commitment in training, marketing and technology solutions ($150M from ADT, $150M from Google), subject to the achievement of cer
Slide 12: Numerous Macro Tailwinds to Propel ADT on Accelerated Growth Trajectory
Numerous Macro Tailwinds to Propel ADT on Accelerated Growth Trajectory Increasing suburbanization, Increased demand for particularly following security driven by recent COVID-19 pandemic, national events heightening will drive new demand awareness for home monitoring offerings ADT Named Premier Pro
Slide 13: ADT's Next Chapter: Industry-Defining Leader Focused on the Next Phase of Profitable Growth
ADT’s Next Chapter: Industry-Defining Leader Focused on the Next Phase of Profitable Growth Becoming the essential smart home automation and security alarm solution Industry leading service capabilities augmented by leading technology and innovation Joint development of next generation and re-imagin
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