Resideo Technologies, Inc. · NYSE:REZI

Resideo Technologies — Bank of America Leveraged Finance Conference 2024

15 slides from Resideo Technologies's conference presentation, Dec 3, 2024

1. Slide 1: Q3 2024 Investor Presentation

   Q3 2024 Investor Presentation December 3, 2024 1 © 2024 Resideo Technologies, Inc

2. Slide 2: Disclaimer

   Disclaimer Forward-Looking Statements This presentation contains “forward-looking statements.” All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are f

3. Slide 3: Resideo’s Global Presence

   Resideo’s Global Presence Products & Solutions A leading global provider of home air, Leading global wholesale distributor of water, security and energy products and security, fire, AV and other low-voltage solutions products 1 $6.2B FY23 Net Revenue 1 $1.7B GLOBAL #1 Presence in 150M FY23 Gross Pro

4. Slide 4: Trusted, Established Brands

   Trusted, Established Brands 4 © 2024 Resideo Technologies, Inc

5. Slide 5: Resideo Investment Opportunity

   Resideo Investment Opportunity Di f f e rentiat ed P r of e s sional S t r uc tura l M ar gin G r ow th i n Hom e a nd Cha nne l Re l a t ionships E x pa nsion Cont e nt 5 © 2024 Resideo Technologies, Inc

6. Slide 6: Differentiated Professional and Channel Relationships

   Differentiated Professional and Channel Relationships Multiple Channels to the Pro Channel Leadership At-a-Glance Products sold through Distributors and 100,000+ professional contractors Security Dealers 450,000+ products Broad OEM partnership network 1,200+ OEMs Utility Grid Services and Insurance

7. Slide 7: Structural Margin Expansion

   Structural Margin Expansion MANUFACTURING INPUT COST PORTFOLIO NEW PRODUCTS OPTIMIZATION MANAGEMENT OPTIMIZATION • Thermostat and security • Factory automation • Price realization • Divest non-strategic assets refresh • Outsourcing non-value • Freight • End-of-life management • Connected water add a

8. Slide 8: Exposure to Attractive Secular Trends Leads to Content Growth

   Exposure to Attractive Secular Trends Leads to Content Growth CONNECTED HOME ENERGY RESIDENTIAL ENERGY DELIVERY HOME MANAGEMENT LIFE SAFETY TRANSITIONS • Smart thermostats • Energy efficient products • Hardware and software • Hydrogen – H2 ready • Water leak detection • Demand response for monitored

9. Slide 9: Complementary Capabilities Drive Differentiated Market Position

   Complementary Capabilities Drive Differentiated Market Position #1 distributor of professional security products Strong position in the smart living market servicing ~20k Integrators ~80% branch sales supported by >$4.5B ~40% branch sales and 45 branches ~195 stocking locations serving North in Sale

10. Slide 10: Resideo Q3 2024 Highlights

    Resideo Q3 2024 Highlights • Revenue at the high end of outlook range; Adjusted EBITDA above high end of outlook range • Mid-single-digit organic revenue growth across both segments • Adjusted EBITDA margin expansion via improved gross margin and effective cost management, resulting in strong free c

11. Slide 11: Resideo Investment Opportunity

    Resideo Investment Opportunity Di f f e rentiat ed Pr of essional S t r uc tura l M ar gin Gr ow th i n Home a nd Cha nne l Re l a t ionships E x pa nsion Cont e nt Trusted partner with broad offering Longstanding reliability Well recognized brands Supporting pro’s growth and profitability Service a

12. Slide 12: Appendix

    Appendix 12 © 2024 Resideo Technologies, Inc

13. Slide 13: Non-GAAP Financial Measures and Reconciliations (Unaudited)

    Non-GAAP Financial Measures and Reconciliations (Unaudited) Adjusted Net Income Per Diluted Common Share and Net Income Comparison Three Months Ended Nine Months Ended September 30, September 28, September 30, (in millions, except per share data) September 28, 2024 2023 2024 2023 GAAP Net income $ 2

14. Slide 14: Non-GAAP Financial Measures and Reconciliations (Unaudited)

    Non-GAAP Financial Measures and Reconciliations (Unaudited) Resideo Adjusted EBITDA Three Months Ended Nine Months Ended (in millions) September 28, 2024 September 30, 2023 September 28, 2024 September 30, 2023 Net revenue $ 1,828 $ 1,554 $ 4,903 $ 4,705 GAAP Net income $ 20 $ 21 $ 93 $ 128 GAAP Net

15. Slide 15: Non-GAAP Financial Measures and Reconciliations (Unaudited)

    Non-GAAP Financial Measures and Reconciliations (Unaudited) Products and Solutions Segment Three Months Ended Nine Months Ended September 28, September 30, September 28, September 30, (in millions) 2024 2023 2024 2023 Net revenue $ 645 $ 654 $ 1,895 $ 1,989 GAAP Income from operations $ 128 $ 94 $ 3

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