Why ADT

The Case for ADT is Strong

• Most trusted brand in smart home security
• Stable recurring subscriber base generates significant durable and resilient recurring revenue
• National footprint and scale with industry-leading monitoring and service infrastructure
• Proprietary technology platform enables expanded and unique use cases and features
• Differentiated with innovative offerings, unrivaled safety, and premium customer experience
• Significant free cash flow generation and efficient capital structure enables financial flexibility
• Committed to strong shareholder returnst via investments in growth and direct returns of capitalext