Forward-Looking Statements ADT has made statements in this presentation that are “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and are made in reliance on the safe harbor provided thereunder. These forward looking statements relate to our current and future financial and operating performance, our strategy to achieve such performance and our goals with respect to such Forward looking statements can often be identified by the use of words like “will,” “plans,” “expect,” “intends,” “goal,” “growth,” and similar words and are based on currently available information and current beliefs and assumptions. ADT cautions that these statements are subject to risks and uncertainties, many of which are outside of ADT’s control, and could cause future events or results to be materially from those stated or implied in this presentation, including among others, risks and uncertainties relating to our strategy, the growth rate of the markets in which we operate, our ability to successfully market innovative products and services, our ability to achieve long term sustainable growth, our ability to successfully grow our relationship with Google and to commercialize products both with independently from Google using our own proprietary platform, our ability to provide and derive a benefit from a premium customer experience, our ability to establish and maintain a trusted brand in operating areas, our ability to grow our sales channels and successfully compete in e-commerce, our ability to grow and expand subscription services with new offerings and new segments, the performance operating segments, the performance of our newly acquired Sunpro Solar operations including our ability to expand the geographic areas in which we provide solar services and our ability to cross sell automation and solar customers, the performance of our recently announced joint venture with Ford which remains subject to certain regulatory approvals, our operating results under a company owned or owned equipment ownership model, our ability to achieve improved operating efficiencies through virtual services and generally, our leverage ratio, our ability to achieve the financial and operational goals established for ourselves through 2025 and beyond, and risk factors that are described in the Company’s Annual Report on Form 10 K and Quarterly Reports on Form 10 Q, including the sections entitled “Risk and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” contained therein. Any forward looking statement made in this presentation speaks only as of the date on which it ADT undertakes no obligation to publicly update or revise any forward looking statement, whether as a result of new information, future developments or otherwise. Non-GAAP Measures To provide investors with additional information in connection with our results as determined in accordance with generally accepted accounting principles in the United States (“GAAP”), we disclose certain measures in this presentation, including, for example, Adjusted EBITDA, Adjusted EBITDA prior to subscriber acquisition, Free Cash Flow, Adjusted Free Cash Flow, Adjusted Free Cash Flow prior to acquisition, and Net Debt Ratios. Reconciliations from GAAP to these non-GAAP measures for reported results can be found in the appendix. The Company is not providing a quantitative reconciliation of its financial guidance or goals for Adjusted EBITDA to net income (loss), which is the corresponding GAAP measure, or Adjusted Free Cash Adjusted Free Cash Flow prior to subscriber acquisition to net cash provided by operating activities, which is the corresponding GAAP measure, because these GAAP measures that are excluded from the non-GAAP financial outlook and goals are difficult to reliably predict or estimate without unreasonable effort due to their dependence on future uncertainties, such as adjustments or items relating to Adjusted Adjusted Free Cash Flow, and Adjusted Free Cash Flow prior to subscriber acquisition. Additionally, information that is currently not available to the Company could have a potentially unpredictable and significant impact on its future GAAP financial results. Amounts on subsequent pages may not sum due to rounding. Note: The operating metrics included in this presentation, including, for example, Customer Retention or Attrition, Subscriber Counts, RMR or RMR Additions, Interactive Take Rate, Revenue Payback, Customer Value per Subscriber, are approximated as there may be variations to reported results in each period due to certain adjustments we might make in connection with the integration over several acquired companies that calculated these metrics differently, or otherwise, including periodic reassessments and refinements in the ordinary course of business. These refinements, for example, may include due to systems conversion or historical methodology differences in legacy systems. Presentation includes updates from Investor Day to include non-GAAP reconciliations and minor adjustments to text and formatting. 5
