Life360, Inc. · NASDAQ:LIF

Life360 — UBS Global Technology Conference 2023

30 slides from Life360's conference presentation, Nov 29, 2023

  1. Slide 1: Conference Presentation ASX announcement

    29 November 2023 Conference Presentation San Francisco area-based Life360, Inc. (Life360 or the Company) (ASX:360) CFO Russell Burke will today participate in UBS’ Global Technology Conference in Phoenix, Arizona. The conference presentation is attached, and includes a 2023 Outlook which is unchange

  2. Slide 2: Investor Presentation - UBS Global Technology Conference

    Investor / Presentation » UBS Global Technology Conference ™ November 2023 uf *® @ Lifes60 ~

  3. Slide 3: Disclaimer

    Disclaimer For personal use onl @ites6o This document dated 29 November 2023 has been prepared by Life360, Inc. (ARBN 629 412 942) (Company) and is provided for information purposes only. Itcontains summary information about the Company and its activities and is current os at the date of this docume

  4. Slide 4: Agenda

    O1 Business & Strategy Overview 02 Financial Overview Russell Burke : Chief Financial Officer c y | 4 Q&A Note: All references in this presentation to $ are to USS. UBS Conference | November 2023 3

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  6. Slide 6: Why We Exist

    WHY WE EXIST The Life360 mission is to keep ~meople close to the ones they love Life360 aims to build on our foundation of location and family safety to disrupt billion dollar categories by creating mobile experiences that make life safer, easier and more satisfying amilies with Families with s f\ y

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  8. Slide 8: User Highlights

    CY23 Q3 YEAR TO DATE USER HIGHLIGHTS Connecting families and saving lives /\ 1,376,753 (ae Help alerts sent [a 25,344 ‘9-0 Ambulances dispatched =\ 181 billion Qo.° Miles driven with Life360 Crash Detection @ ttes60 “Grateful we have Life360. This happened to me this morning. | used the Life360 SOS

  9. Slide 9: US App Rankings

    US APP RANKINGS One of the highest DAUs across all apps App Rankings by DAU! YouTube .es Facebook VW)’ tet >: éc ee mey Snapchat S Snap Instagram Instagram Met Gmail Spotify I Spotif Google Maps Google & Google p oo@ze Vn June 2023; data.ai. @ tesso 11 Whetstve Messenger R Samer BeReal s Bim. Netti

  10. Slide 10: Life360's Timeline

    LIFE360'S TIMELINE 15+ years of investment and innovation an Q, 007 Year Founded For personal use imeline of key developments 202 1) — 008 J. "2hilion MAU January: The frst funding for Lifea60 - $275,000 grant as a winner of Google's Android Developer Challenge iS) 019 May: ASX IPO Z 2020 July: Life

  11. Slide 11: Life360's Addressable Markets

    LIFE360’S ADDRESSABLE MARKETS Significant market opportunity @ lites6o Adjacent markets $190bn TAM $55bn SAM Adjacent Markets Potential long-term adjacent markets in which we can expand our addressable market: travel insurance, life insurance, residential security, home insurance Total addressable m

  12. Slide 12: Significant Remaining Runway in US Penetration

    SIGNIFICANT REMAINING RUNWAY IN US PENETRATION Increase in penetration across all states* Penetration by State (2018) Penetration by State (2023) For personal use on States with higher penetration in 2018 experienced accelerated growth over the last 5 years; the opposite of over-saturation “Estimate

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  16. Slide 16: Life360's Strategy

    LIFE360’S STRATEGY Key Priorities Invest in the Core Amazing user experience drives engagement and upsell to premium @ litesso Drive Membership Bundled Tile hardware drives improved conversion and retention Expand internationally Usa ol botén SOS de Life360 si no te sientes seguro UK launch provides

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  18. Slide 18: Highly Attractive Financial Model

    Highly Attractive Financial Model (ai Well positioned to accelerate revenue growth while rapidly increasing profitability Access to sustained long-term growth rates on back of mix shift towards more international revenue as country launches continue Core KPI Momentum, particularly of recent, provide

  19. Slide 19: Q3'23 Results Summary

    Q3’23 Results Summary YTD Q3’22 YTD Q3’23 % ch YoY CY22Result CY23 Guidance Gn Key Performance Indicators lonthly Active Users (MAU) (millions) 47.0 58.4 +24% @ying Circles (millions) 1.49 1.75 +17% —abvenue $M ==Subscription 107.9 161.0 +49% 153.3 CRordware 28.3 37.1 +31% 47.9 ether 20.8 19.4 (6)%

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    For personal use only • CY21 CY22 CY23 Beyond • Revenue • Operating costs •

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    For personal use only Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 18 18 18 18 19 19 19 19 20 20 20 20 21 21 21 21 22 22 22 22 23 23 18 18 18 18 19 19 19 19 20 20 20 20 21 21 21 21 22 22 22 22 23 23 23 2015 201

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    For personal use only US International Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 18 18 18 18 19 19 19 19 20 20 20 20 21 21 21 21 22 22 22 22 23 23 23 18 18 18 18 19 19 19 19 20 20 20 20 21 21 21 21 22 22 22

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    For personal use only 300 250 200 150 100 50 0 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23

  28. Slide 28: Competitive Landscape

    Competitive landscape Life360 Platinum vA Roadside Assistance vA ID Theft Protection va Nurse Helpline of Crash Detection vA SOS Alert vA Disaster Assistance va Driver Reports of Travel Assistance v4 Stolen Phone WA Location Sharing Reimbursement And more... Life360 Cost $24.99/month ()_ Assuming fa

  29. Slide 29: Non-GAAP Financial Measures

    Non-GAAP Financial Measures > | (in thousands) vt asa] vt 03:22 (fat loss $ (25,025) $ (79,326) Kad (deduct): Opvertible notes fair value adjustment 798 (1,875) ¢Qezivative liability fair value adjustment W7 (1,183) SBxdvision for (benefit from) income taxes 205 84 =Bepreciation and amortization @)

  30. Slide 30: Best in Class Engagement

    BEST IN CLASS ENGAGEMENT Rivals the biggest names in social and streaming media eRioba Daily Active Users (DAU)/Monthly Active Users (MAU) Ratio (%) 64% fH Social Media 58% Streaming Media 30% 28% 25% / L : ' ' ' Hyper- cgeae @O M@ }\ a} with pus Social! fications} Source: data.ai *Hyper-Engaged Soc

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