Alarm com : May 2024 Investor Presentation

Leading SaaS platform

for the intelligently connected property

May 2024

Safe Harbor Statement

F O R W A R D - L O O K I N G S T A T E M E N T S

This presentation contains forward-looking statements that involve risks and uncertainties. All statements other than statements of historical fact contained in this presentation, including, but not limited to, statements regarding our potential market opportunity in both the residential and commercial markets and growth drivers, including addressable markets and industry trends, expansion into new international markets and other verticals and other business and product development plans, including statements regarding product and feature releases and related benefits, market demand for our offerings, are forward-looking statements. Any such statements are not guarantees of future performance, but are based on our assumptions, expectations and beliefs as of the date of this presentation and are subject to substantial risks, uncertainties, assumptions, and changes in circumstances that may cause our actual results, performance, or achievements to differ materially from those expressed or implied in any forward-looking statement. Investors should not place undue reliance on our forward-looking statements. For more information about factors that may cause our actual results to differ materially from these forward-looking statements, including the Company's actual operating results and business operations may be negatively impacted by the anticipated impact of the global economic uncertainty and financial market conditions caused by significant worldwide events, including public health crises, such as the COVID-19 pandemic, and geopolitical upheaval, such as Russia's incursion into Ukraine and the war between Israel and Hamas (collectively Macroeconomic Conditions). Macroeconomic Conditions and their economic effects may reduce demand, the reliability of the Company's network operations centers, the Company's ability to retain service provider partners and residential and commercial subscribers and sustain its growth rate, the Company's ability to manage growth and execute on its business strategies, the effects of increased competition and evolving technologies, the Company's ability to integrate acquired assets

and businesses and to manage service provider partners, customers and employees, consumer demand for interactive security, video monitoring, intelligent automation, energy management and wellness solutions, the Company's reliance on its service provider network to attract new customers and retain existing customers, the Company's dependence on its suppliers, the potential loss of any key supplier or the inability of a key supplier to deliver their products to us on time or at the contracted price, the reliability of the Company's hardware and wireless network suppliers and enhanced United States tax, tariff, import/export restrictions, or other trade barriers, particularly tariffs from China as well as other risks and uncertainties discussed in the "Risk Factors" section of the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 22, 2024 and other subsequent filings the Company makes with the Securities and Exchange Commission from time to time, including our Quarterly Report on Form 10-Q for the quarter ended March 31, 2024. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Any information in this presentation on new products, features or functionality is intended to outline our general product direction. The information on new products, features, and functionality is not a commitment, promise or legal obligation to deliver any feature or functionality. The development, release, and timing of any features or functionality described for our products remains at our sole discretion.

N O N - G A A P F I N A N C I A L M E A S U R E S

This presentation also contains certain non-GAAP financial measures as defined by the SEC rules. These non-GAAP financial measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP. As required by Regulation G, we have provided a reconciliation of those measures to their most directly comparable GAAP measures, which is available in the Appendix slides to this presentation. Please refer to our May 9, 2024 press release for information as to why we believe these non-GAAP financial measures are useful to investors and others in assessing our operating results. We urge investors not to rely on any single financial measure to evaluate our business.

Copyright © Alarm.com 2023

AGENDA

Company Overview

Market Opportunity

The Alarm.com Platform

Our Solutions

Growth Drivers

Financial Overview

Copyright © Alarm.com 2023

Company Overview

The cloud based (SaaS) operating system which enables service providers and their subscribers to intelligently manage and control their residential and commercial properties with highly advanced IoT technology solutions.

Founded in	IPO	~12,000	2,002
2000	in June 2015;	service provider	employees
	Nasdaq:	partners
	ALRM

Key Investment Highlights

Clear Leader in Large

& Growing Markets

SaaS Recurring

Revenue Model

94% Revenue Renewal Rate

86% SaaS Gross Margin

Innovating to Expand Market Opportunities

Strong Profitable Growth

Growth initiatives represent 31% of total SaaS, growing 27% year-over-year in 2023

Efficient Service Provider Go-to Market

Alarm.com

Contributes

• SaaS software for subscribers and service providers
• Enterprise services drive service provider efficiency
• Innovation engine for partners

Winning

Partnership

Service Provider Contributes

• Customer acquisition and marketing
• System installation and ongoing support
• Monitoring and emergency dispatch

Service provider partners 1

History of Innovation & TAM Expansion

		2023
	2022	Cell Connector
	for Access Control
2021	3rd Party	729 Floodlight
AI-based Business	Camera Support	Camera

			2020	Activity Analytics	Acquired	Battery-free
			Pro-Series	Noonlight	Video Doorbell
		2019	Commercial SVR	Commercial	Water Dragon	Pro-Series Cameras
	2016-2018	Industry 1st	Cameras	Wireless	In-App
IPO 2015		Video Analytics	Flex I/O	Perimeter Guard	Video Doorbell	Property Panic
2003-2015	Integrated	for Business
	Doorbell Camera		Acquired	Ambient Insights	OpenEye, AI-based	AI-powered
Industry 1st		Connected Car	Shooter Detection	for Alarm Response	video analytics	Enhanced Visual
Wireless Interactive	Commercial	Solution	Systems		Industry 1st Smart	Verification
Security	Market Launch			Industry 1st
		Acquired OpenEye	OpenEye launches	Touchless Video	Arming
Industry 1st	Smarter		SaaS solution	Doorbell
Native Mobile App	Access Control	Expansion into
& Smart Home App		Enterprise	Smart Gateway
for Apple Watch	Insights Engine	Commercial
Integrated	Video Analytics
Doorbell Camera

Market Opportunity

Market Opportunity

Over 500 million serviceable properties and growing

Leveraging our technology leadership and scale in core markets to expand into emerging market opportunities.

Our growth initiatives collectively represent 31% of our total SaaS and grew 27% year-over-year in 2023. These initiatives consist

of our commercial, international, video, and EnergyHub businesses.

Growth in	International	Develop Emerging
Adjacent Markets	Expansion	AI and IoT Opportunities
Commercial	Currently in 60+ countries,	Lead secular technology
Video analytics	partnered with leading global	trends and emerging
Advanced monitoring &	security providers, and	opportunities.
Event response	expanding market depth and
Active shooter events	breadth.