Enhanced Investments - Financial Portal

Published: 2021-03-11 07:02:12 ET

EX-99.1 2 d160196dex991.htm EX-99.1 EX-99.1

Exhibit 99.1Exhibit 99.1

Presenter Topic Time Jay Geldmacher, Resideo Overview 10 min President and Chief Executive Officer Rob Aarnes ADI Global Distribution 15 min President, ADI Global Distribution Phil Theodore Products & Solutions 20 min President, Products & Solutions Jeff Frank Product Innovation 15 min Senior Vice President, Product Innovation Tony Trunzo Financial Highlights 15 min Chief Financial Officer Q&A 45 min 1 © 2021 Resideo Technologies, Inc. All Rights Reserved.Presenter Topic Time Jay Geldmacher, Resideo Overview 10 min President and Chief Executive Officer Rob Aarnes ADI Global Distribution 15 min President, ADI Global Distribution Phil Theodore Products & Solutions 20 min President, Products & Solutions Jeff Frank Product Innovation 15 min Senior Vice President, Product Innovation Tony Trunzo Financial Highlights 15 min Chief Financial Officer Q&A 45 min 1 © 2021 Resideo Technologies, Inc. All Rights Reserved.

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 forward-looking statements. Although we believe forward-looking statements are based upon reasonable assumptions, such statements involve known and unknown risks, uncertainties, and other factors, which may cause the actual results or performance of the Company to be materially different from any future results or performance expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, (1) the duration and severity of the COVID-19 pandemic and the disruption to our business and the global economy caused by it, including (A) its effect on the demand for our products and services, (B) its effect on our and our business partners’ supply chains, workforce, liquidity, spending and timing for payments and disbursements, and (C) the impact of potential facility closures and the modified working conditions at our corporate offices, Product & Solutions segment and ADI Global Distribution segment, (2) the amount of our obligations and nature of our contractual restrictions pursuant to, and disputes that have or may hereafter arise under, the agreements we entered into with Honeywell in connection with our spin-off, (3) the likelihood of continued success of our transformation programs and initiatives, and (4) the other risks described under the headings “Risk Factors” and “Cautionary Statement Concerning Forward-Looking Statements” in our Annual Report on Form 10-K for the year ended December 31, 2020 and other periodic filings we make from time to time with the Securities and Exchange Commission (SEC). You are cautioned not to place undue reliance on these forward-looking statements, such as (i) the financial outlook and targets for future periods and (ii) the impact of the COVID-19 pandemic on our business and operations. Forward-looking statements are not guarantees of future performance, and actual results, developments, and business decisions may differ from those envisaged by our forward-looking statements. Except as required by law, we undertake no obligation to update such statements to reflect events or circumstances arising after the date of this presentation, and we caution investors not to place undue reliance on any such forward-looking statements. Non-GAAP Financial Measures This presentation includes Net Leverage (Non-GAAP) and Adjusted EBITDA (Non-GAAP) which are not compliant with generally accepted accounting principles in the United States (GAAP). Adjusted EBITDA (Non-GAAP) is adjusted for certain items as reflected in the appendix and may not be directly comparable to similar measures used by other companies in our industry, as other companies may define such measures differently. Management believes that, when considered together with reported amounts, this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends and provides useful additional information relating to our operations and financial condition. This metric should be considered in addition to, and not as a replacement for, the most comparable GAAP measure. Refer to the appendix of this presentation for a reconciliation of Non-GAAP financial measures to the most directly comparable GAAP measure. It should be read in connection with our financial statements presented in accordance with GAAP. 2 © 2021 Resideo Technologies, Inc. All Rights Reserved.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 forward-looking statements. Although we believe forward-looking statements are based upon reasonable assumptions, such statements involve known and unknown risks, uncertainties, and other factors, which may cause the actual results or performance of the Company to be materially different from any future results or performance expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, (1) the duration and severity of the COVID-19 pandemic and the disruption to our business and the global economy caused by it, including (A) its effect on the demand for our products and services, (B) its effect on our and our business partners’ supply chains, workforce, liquidity, spending and timing for payments and disbursements, and (C) the impact of potential facility closures and the modified working conditions at our corporate offices, Product & Solutions segment and ADI Global Distribution segment, (2) the amount of our obligations and nature of our contractual restrictions pursuant to, and disputes that have or may hereafter arise under, the agreements we entered into with Honeywell in connection with our spin-off, (3) the likelihood of continued success of our transformation programs and initiatives, and (4) the other risks described under the headings “Risk Factors” and “Cautionary Statement Concerning Forward-Looking Statements” in our Annual Report on Form 10-K for the year ended December 31, 2020 and other periodic filings we make from time to time with the Securities and Exchange Commission (SEC). You are cautioned not to place undue reliance on these forward-looking statements, such as (i) the financial outlook and targets for future periods and (ii) the impact of the COVID-19 pandemic on our business and operations. Forward-looking statements are not guarantees of future performance, and actual results, developments, and business decisions may differ from those envisaged by our forward-looking statements. Except as required by law, we undertake no obligation to update such statements to reflect events or circumstances arising after the date of this presentation, and we caution investors not to place undue reliance on any such forward-looking statements. Non-GAAP Financial Measures This presentation includes Net Leverage (Non-GAAP) and Adjusted EBITDA (Non-GAAP) which are not compliant with generally accepted accounting principles in the United States (GAAP). Adjusted EBITDA (Non-GAAP) is adjusted for certain items as reflected in the appendix and may not be directly comparable to similar measures used by other companies in our industry, as other companies may define such measures differently. Management believes that, when considered together with reported amounts, this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends and provides useful additional information relating to our operations and financial condition. This metric should be considered in addition to, and not as a replacement for, the most comparable GAAP measure. Refer to the appendix of this presentation for a reconciliation of Non-GAAP financial measures to the most directly comparable GAAP measure. It should be read in connection with our financial statements presented in accordance with GAAP. 2 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Right team and structure in place to leverage Leading distribution platform with focused broad portfolio, channel reach and Pro investment in digital and adjacent markets to relationship to drive long-term growth drive continued growth and profit expansion Bringing focus to team with rich history of Roadmap to more scalable business model innovation to drive NPI velocity and deliver that enables long-term revenue growth, simplified solutions for homeowners and Pros profitability expansion and cash generation 4 © 2021 Resideo Technologies, Inc. All Rights Reserved.Right team and structure in place to leverage Leading distribution platform with focused broad portfolio, channel reach and Pro investment in digital and adjacent markets to relationship to drive long-term growth drive continued growth and profit expansion Bringing focus to team with rich history of Roadmap to more scalable business model innovation to drive NPI velocity and deliver that enables long-term revenue growth, simplified solutions for homeowners and Pros profitability expansion and cash generation 4 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Products & Solutions Leading global wholesale distributor of A leading global provider of home air, security, fire and low-voltage products water, security and energy products and solutions 2020 Revenue Presence in (1) 2020 Operating Income (2) For Security and Low-Voltage Products Homes 2020 Operating Cash Flow 2020 2020 Segment 2020 2020 Segment Revenue Operating Income Revenue Operating Income LEADING PLATFORMS SERVING THE PROFESSIONAL (1) GAAP operating income including $290 million of corporate costs (2) Source: Market data from IHS Markit 5 © 2021 Resideo Technologies, Inc. All Rights Reserved.Products & Solutions Leading global wholesale distributor of A leading global provider of home air, security, fire and low-voltage products water, security and energy products and solutions 2020 Revenue Presence in (1) 2020 Operating Income (2) For Security and Low-Voltage Products Homes 2020 Operating Cash Flow 2020 2020 Segment 2020 2020 Segment Revenue Operating Income Revenue Operating Income LEADING PLATFORMS SERVING THE PROFESSIONAL (1) GAAP operating income including $290 million of corporate costs (2) Source: Market data from IHS Markit 5 © 2021 Resideo Technologies, Inc. All Rights Reserved.

ADDRESSABLE MARKET ADDRESSABLE MARKET ~$9B ~$25B ~$11B ~$2B +$60B ~$3B +$25B ADDRESSABLE MARKET +$85B ADDRESSABLE MARKET GROWING MID-TO-HIGH SINGLE DIGITS GROWING LOW-TO-MID SINGLE DIGITS Source: IHS Markit; CE Pro; InfoComm; AVIXA; BSRIA; BRG; IDC; Resideo management estimates 6 © 2021 Resideo Technologies, Inc. All Rights Reserved.ADDRESSABLE MARKET ADDRESSABLE MARKET ~$9B ~$25B ~$11B ~$2B +$60B ~$3B +$25B ADDRESSABLE MARKET +$85B ADDRESSABLE MARKET GROWING MID-TO-HIGH SINGLE DIGITS GROWING LOW-TO-MID SINGLE DIGITS Source: IHS Markit; CE Pro; InfoComm; AVIXA; BSRIA; BRG; IDC; Resideo management estimates 6 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Trusted product partner Broad product offering Omnichannel 1,200+ OEMs Service and support Many professional and OEM relationships extend Longstanding reliability Supporting professionals’ growth and profitability Trusted brands Resideo Wins When the Pro Wins 7 © 2021 Resideo Technologies, Inc. All Rights Reserved.Trusted product partner Broad product offering Omnichannel 1,200+ OEMs Service and support Many professional and OEM relationships extend Longstanding reliability Supporting professionals’ growth and profitability Trusted brands Resideo Wins When the Pro Wins 7 © 2021 Resideo Technologies, Inc. All Rights Reserved.

→ • Realigned organizational structure for execution • Historically siloed • Get right team and and growth Products & Solutions organization structure product lines and R&D • Breaking down silos across Resideo • Reinvigorate innovation • Underinvestment and and R&D agility • Building executive level relationships with top missed execution customers and partners • Ensure customer is • Broad and evolving center • Committed to invest in tools and processes to markets support long-term growth • Determine where to • Limited connectivity focus and where not to • Margin enhancement initiatives: value between Products & engineering, pricing optimization, supply chain • Optimize manufacturing Solutions and ADI savings targets, digital tools, NPI process, etc. FOCUS, ACCELERATE AND EXECUTE 8 © 2021 Resideo Technologies, Inc. All Rights Reserved.→ • Realigned organizational structure for execution • Historically siloed • Get right team and and growth Products & Solutions organization structure product lines and R&D • Breaking down silos across Resideo • Reinvigorate innovation • Underinvestment and and R&D agility • Building executive level relationships with top missed execution customers and partners • Ensure customer is • Broad and evolving center • Committed to invest in tools and processes to markets support long-term growth • Determine where to • Limited connectivity focus and where not to • Margin enhancement initiatives: value between Products & engineering, pricing optimization, supply chain • Optimize manufacturing Solutions and ADI savings targets, digital tools, NPI process, etc. FOCUS, ACCELERATE AND EXECUTE 8 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Position for long- Build on ADI’s Better leverage Invest in Focus P&S on where Strengthen position term connected leading platform within existing ADI and P&S innovation we have right to win in core markets home opportunity and adjacent markets relationship 9 © 2021 Resideo Technologies, Inc. All Rights Reserved.Position for long- Build on ADI’s Better leverage Invest in Focus P&S on where Strengthen position term connected leading platform within existing ADI and P&S innovation we have right to win in core markets home opportunity and adjacent markets relationship 9 © 2021 Resideo Technologies, Inc. All Rights Reserved.

(1) Revenue $5,071M ~6% CAGR 6% to 8% CAGR 4% to 6% CAGR Gross Margin 30% to 32% 19% to 20% 46% to 48% 25.9% Operating Margin 13% to 15% 9% to 10% 28% to 30% 6.1% (1) CAGR for 2020 through 2024T period Long-term targets represent our goals and are not projections of future performance 10 © 2021 Resideo Technologies, Inc. All Rights Reserved.(1) Revenue $5,071M ~6% CAGR 6% to 8% CAGR 4% to 6% CAGR Gross Margin 30% to 32% 19% to 20% 46% to 48% 25.9% Operating Margin 13% to 15% 9% to 10% 28% to 30% 6.1% (1) CAGR for 2020 through 2024T period Long-term targets represent our goals and are not projections of future performance 10 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Attractive Product and Transformation Targeted Compelling markets with channel underway to investment financial model leadership with multiple secular reduce costs, across both with top line growth trends unique focus on build scalable businesses to growth, margin professional organization and drive long-term expansion and installers accelerate growth cash flow innovation generation 11 © 2021 Resideo Technologies, Inc. All Rights Reserved.Attractive Product and Transformation Targeted Compelling markets with channel underway to investment financial model leadership with multiple secular reduce costs, across both with top line growth trends unique focus on build scalable businesses to growth, margin professional organization and drive long-term expansion and installers accelerate growth cash flow innovation generation 11 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Rob Aarnes President ADI Global Distribution 12 © 2021 Resideo Technologies, Inc. All Rights Reserved.Rob Aarnes President ADI Global Distribution 12 © 2021 Resideo Technologies, Inc. All Rights Reserved.

in Low Voltage Security (1) Products 6%+ CAGR $3.0B $2.8B $2.7B $2.5B $2.4B $2.2B served through ADI 2015 2016 2017 2018 2019 2020 ADI Revenue (1) Source: Market data from IHS Markit 13 © 2021 Resideo Technologies, Inc. All Rights Reserved.in Low Voltage Security (1) Products 6%+ CAGR $3.0B $2.8B $2.7B $2.5B $2.4B $2.2B served through ADI 2015 2016 2017 2018 2019 2020 ADI Revenue (1) Source: Market data from IHS Markit 13 © 2021 Resideo Technologies, Inc. All Rights Reserved.

2020 ADI Global Distribution Snapshot Sales by Sales by Product Category Geography Physical locations, e-commerce and in- EMEA Omnichannel person consultative sales support 16% India Other 2% Geographic 30% Local product availability in 195 markets Footprint Security Americas 70% 82% Products & Wide selection of over 350,000 products Technology Expert Sales Sales by Sales by Technology and systems design experts (1) Support Channel End Market Residential Touchless 33% Sales Growth Ten consecutive years of revenue growth 24% Culture Digitally Branch Sales Convenient digital shopping options Commercial 76% Enabled 67% (1) Resideo management estimates 14 © 2021 Resideo Technologies, Inc. All Rights Reserved.2020 ADI Global Distribution Snapshot Sales by Sales by Product Category Geography Physical locations, e-commerce and in- EMEA Omnichannel person consultative sales support 16% India Other 2% Geographic 30% Local product availability in 195 markets Footprint Security Americas 70% 82% Products & Wide selection of over 350,000 products Technology Expert Sales Sales by Sales by Technology and systems design experts (1) Support Channel End Market Residential Touchless 33% Sales Growth Ten consecutive years of revenue growth 24% Culture Digitally Branch Sales Convenient digital shopping options Commercial 76% Enabled 67% (1) Resideo management estimates 14 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Physical Security Residential A/V Professional A/V Data Communications Security and life safety devices Home automation, control, audio- Audio and visual products Cabling, associated accessories and professionally installed in visual, networking and smart professionally installed in networking hardware professionally residential and commercial devices professionally installed in commercial applications installed in commercial applications applications homes Key Products & Solutions ADI Today ADI Today Addressable Market ~11% <1% Market Size Recent Acquisitions ~$25B +$60B Market CAGR Market CAGR (2020-2025) (2020-2025) ~2-3% ~4-5% Source: IHS Markit; CE Pro; InfoComm; AVIXA; BSRIA; Resideo management estimates 15 © 2021 Resideo Technologies, Inc. All Rights Reserved.Physical Security Residential A/V Professional A/V Data Communications Security and life safety devices Home automation, control, audio- Audio and visual products Cabling, associated accessories and professionally installed in visual, networking and smart professionally installed in networking hardware professionally residential and commercial devices professionally installed in commercial applications installed in commercial applications applications homes Key Products & Solutions ADI Today ADI Today Addressable Market ~11% <1% Market Size Recent Acquisitions ~$25B +$60B Market CAGR Market CAGR (2020-2025) (2020-2025) ~2-3% ~4-5% Source: IHS Markit; CE Pro; InfoComm; AVIXA; BSRIA; Resideo management estimates 15 © 2021 Resideo Technologies, Inc. All Rights Reserved.

1 Business or homeowner 2 Pro contacts ADI to 3 Pro purchases products 4 Pro completes installation desires to add or upgrade understand available “by-the-job” shortly before of the new system for the a physical security system solutions, which often installation, often picking business or homeowner or smart home require the integration of up the order same day at and maintains servicing multiple technologies an ADI branch Technical Industry Installation Device Systems Design Training Programming Subcontracting 16 © 2021 Resideo Technologies, Inc. All Rights Reserved.1 Business or homeowner 2 Pro contacts ADI to 3 Pro purchases products 4 Pro completes installation desires to add or upgrade understand available “by-the-job” shortly before of the new system for the a physical security system solutions, which often installation, often picking business or homeowner or smart home require the integration of up the order same day at and maintains servicing multiple technologies an ADI branch Technical Industry Installation Device Systems Design Training Programming Subcontracting 16 © 2021 Resideo Technologies, Inc. All Rights Reserved.

PRODUCTS & SOLUTIONS SUPPLIER PARTNERS PRIVATE BRANDS • Leverage Best Practices • Rapidly Launch NPI • Market & Customer Insights Vast global Browse, shop and Account Improves customer distribution purchase products management profitability and network with to ship or same-day ensures broad efficiency across nearly 200 Branches Website & Field & Value-Added branch pickup geographic coverage buying journey stocking locations App Tele-sales Services Small footprint firms (1-25 Vertical market specialists Professional trades that employees) focused on that integrate multiple low- install low-voltage security and custom voltage systems technologies, such as Security Systems Other electronics technologies Electricians or Locksmiths Contractor Integrator Professional Homeowners, Businesses and Other End Users 17 © 2021 Resideo Technologies, Inc. All Rights Reserved.PRODUCTS & SOLUTIONS SUPPLIER PARTNERS PRIVATE BRANDS • Leverage Best Practices • Rapidly Launch NPI • Market & Customer Insights Vast global Browse, shop and Account Improves customer distribution purchase products management profitability and network with to ship or same-day ensures broad efficiency across nearly 200 Branches Website & Field & Value-Added branch pickup geographic coverage buying journey stocking locations App Tele-sales Services Small footprint firms (1-25 Vertical market specialists Professional trades that employees) focused on that integrate multiple low- install low-voltage security and custom voltage systems technologies, such as Security Systems Other electronics technologies Electricians or Locksmiths Contractor Integrator Professional Homeowners, Businesses and Other End Users 17 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Global E-Commerce Penetration Online-to-Branch Order Pickup $364M FY 2020 +24% YoY +25% YoY +27% YoY A scalable global platform with Leveraging multi-channel Enhanced visibility and further growth potential marketing tools consistency across channels ✓ Online quote request ✓ 17 country e-commerce sites ✓ Increased average order value ✓ Online returns ✓ Common CRM and Product and unique SKUs purchased ✓ Online real-time inventory Information System 18 © 2021 Resideo Technologies, Inc. All Rights Reserved.Global E-Commerce Penetration Online-to-Branch Order Pickup $364M FY 2020 +24% YoY +25% YoY +27% YoY A scalable global platform with Leveraging multi-channel Enhanced visibility and further growth potential marketing tools consistency across channels ✓ Online quote request ✓ 17 country e-commerce sites ✓ Increased average order value ✓ Online returns ✓ Common CRM and Product and unique SKUs purchased ✓ Online real-time inventory Information System 18 © 2021 Resideo Technologies, Inc. All Rights Reserved.

3x 46% Omnichannel buying +25% 1 More volume from Of e-commerce Growth in website shopping convenience multichannel customers vs. customers used pick up cart revenue single channel in Branch options Redeploy sales team 28% 50,000+ 950+ Of total order volume A.I. cross-selling Customers across 10 2 bandwidth to originated via touchless recommendations countries utilizing email-to- proactive selling (1) channels accepted in CRM EDI ordering Increase the speed 86% 50% 200+ and accuracy of 3 Of global revenue managed Of global workforce using Top suppliers receive daily by A.I./Machine Learning Business Intelligence Business Intelligence decision making pricing software reporting dashboards BEST-IN-CLASS TECHNOLOGY TO IMPROVE CUSTOMER EXPERIENCE AND SALES EFFECTIVENESS Source: Resideo management estimates. Numbers represent 2020 unless otherwise noted, or are point-in-time (1) Q4 2020 19 © 2021 Resideo Technologies, Inc. All Rights Reserved.3x 46% Omnichannel buying +25% 1 More volume from Of e-commerce Growth in website shopping convenience multichannel customers vs. customers used pick up cart revenue single channel in Branch options Redeploy sales team 28% 50,000+ 950+ Of total order volume A.I. cross-selling Customers across 10 2 bandwidth to originated via touchless recommendations countries utilizing email-to- proactive selling (1) channels accepted in CRM EDI ordering Increase the speed 86% 50% 200+ and accuracy of 3 Of global revenue managed Of global workforce using Top suppliers receive daily by A.I./Machine Learning Business Intelligence Business Intelligence decision making pricing software reporting dashboards BEST-IN-CLASS TECHNOLOGY TO IMPROVE CUSTOMER EXPERIENCE AND SALES EFFECTIVENESS Source: Resideo management estimates. Numbers represent 2020 unless otherwise noted, or are point-in-time (1) Q4 2020 19 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Improving decision-making with Using A.I./Machine Learning technology Creating more bandwidth for salespeople Annual Revenue per Sales Employee Business Intelligence (BI) tools across to recommend the next best action for to service more customers and perform our value chain salespeople higher-value activities $1.96M $1.83M $1.78M A.I. identifies changes in a Customer emails 1 1 customer’s buying pattern order to ADI 2018 2019 2020 Technology Suppliers converts email 2 A.I. sends opportunity ✓ Demand forecasting 2 order to EDI into salesperson's CRM ✓ Merchandising ✓ Promotions effectiveness 2018 End of 2022 Counter Sales Customer receives order ✓ Account management 3 Salesperson accepts and ERP ERP ERP ERP ERP confirmation in ✓ Customer profitability 3 proactively engages with under 5 minutes ERP ✓ Lifecycle management ERP ERP ERP ERP ERP customer Live in 10 7% of Total Order Accepted 50,000 A.I. (1) Countries Volume Recommendations in CRM (1) Run rate January 2021 20 © 2021 Resideo Technologies, Inc. All Rights Reserved.Improving decision-making with Using A.I./Machine Learning technology Creating more bandwidth for salespeople Annual Revenue per Sales Employee Business Intelligence (BI) tools across to recommend the next best action for to service more customers and perform our value chain salespeople higher-value activities $1.96M $1.83M $1.78M A.I. identifies changes in a Customer emails 1 1 customer’s buying pattern order to ADI 2018 2019 2020 Technology Suppliers converts email 2 A.I. sends opportunity ✓ Demand forecasting 2 order to EDI into salesperson's CRM ✓ Merchandising ✓ Promotions effectiveness 2018 End of 2022 Counter Sales Customer receives order ✓ Account management 3 Salesperson accepts and ERP ERP ERP ERP ERP confirmation in ✓ Customer profitability 3 proactively engages with under 5 minutes ERP ✓ Lifecycle management ERP ERP ERP ERP ERP customer Live in 10 7% of Total Order Accepted 50,000 A.I. (1) Countries Volume Recommendations in CRM (1) Run rate January 2021 20 © 2021 Resideo Technologies, Inc. All Rights Reserved.

• Enhance customer experience • Expand product technology offerings • Broaden market coverage • Website & App • Residential & Pro • Inside Account • CRM and Data AV Management Analytics • Drive sales force • Omnichannel Integration • Data • Location Growth • AI/Machine effectiveness Communications Learning • Product Information • Private Brands • Pricing • Bolt-on M&A System Optimization ENHANCING ADI PLATFORM TO LEVERAGE +100,000 PRO CONTRACTOR RELATIONSHIPS 21 © 2021 Resideo Technologies, Inc. All Rights Reserved.• Enhance customer experience • Expand product technology offerings • Broaden market coverage • Website & App • Residential & Pro • Inside Account • CRM and Data AV Management Analytics • Drive sales force • Omnichannel Integration • Data • Location Growth • AI/Machine effectiveness Communications Learning • Product Information • Private Brands • Pricing • Bolt-on M&A System Optimization ENHANCING ADI PLATFORM TO LEVERAGE +100,000 PRO CONTRACTOR RELATIONSHIPS 21 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Global market Growth culture Adjacent Investing in Proven track leader in a category the customer record of with deeply loyal experience and fragmented professional opportunities delivering growth industry contractor more than double sales effectiveness and operating relationships addressable with digital leverage markets technologies 22 © 2021 Resideo Technologies, Inc. All Rights Reserved.Global market Growth culture Adjacent Investing in Proven track leader in a category the customer record of with deeply loyal experience and fragmented professional opportunities delivering growth industry contractor more than double sales effectiveness and operating relationships addressable with digital leverage markets technologies 22 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Phil Theodore President Products & Solutions 23 © 2021 Resideo Technologies, Inc. All Rights Reserved.Phil Theodore President Products & Solutions 23 © 2021 Resideo Technologies, Inc. All Rights Reserved.

• Energy management / demand response • Equipment predictive maintenance • IAQ data insights • Remote monitoring and automation • Thermostats / Temp • Residential Intrusion • Potable Water Controls • Furnaces • Air Quality Systems – Pro / DIY • Backflow Prevention • Water Heaters Key Products • De-/Humidifiers • Video Surveillance • Leakage Detection and • Boilers • Hydronics Prevention • Heat Pumps • Zoning Addressable Market ~$3B | +2% CAGR ~$9B | +5% CAGR ~$11B | +8% CAGR ~$2B | +4% CAGR 2020-2025 CAGR Source: IHS Markit; CE Pro; MarketsandMarkets; BSRIA; BRG, IDC; Resideo management estimates 25 © 2021 Resideo Technologies, Inc. All Rights Reserved.• Energy management / demand response • Equipment predictive maintenance • IAQ data insights • Remote monitoring and automation • Thermostats / Temp • Residential Intrusion • Potable Water Controls • Furnaces • Air Quality Systems – Pro / DIY • Backflow Prevention • Water Heaters Key Products • De-/Humidifiers • Video Surveillance • Leakage Detection and • Boilers • Hydronics Prevention • Heat Pumps • Zoning Addressable Market ~$3B | +2% CAGR ~$9B | +5% CAGR ~$11B | +8% CAGR ~$2B | +4% CAGR 2020-2025 CAGR Source: IHS Markit; CE Pro; MarketsandMarkets; BSRIA; BRG, IDC; Resideo management estimates 25 © 2021 Resideo Technologies, Inc. All Rights Reserved.

2020 Products & Solutions Snapshot Sales by Sales by Product Category Geography Whole Home Extensive product depth and Security EMEA Air Provider breadth Energy Americas APAC Quality and Water 130+ years of experience Innovation Sales by Channel Other OEM Deep Network of Pro Installers, Distribution / Trade Channel Dealers, OEMs and Partnerships Distributors Retail / Direct UNIQUELY POSITIONED WITH PORTFOLIO, HISTORY OF INNOVATION AND CHANNEL 26 © 2021 Resideo Technologies, Inc. All Rights Reserved.2020 Products & Solutions Snapshot Sales by Sales by Product Category Geography Whole Home Extensive product depth and Security EMEA Air Provider breadth Energy Americas APAC Quality and Water 130+ years of experience Innovation Sales by Channel Other OEM Deep Network of Pro Installers, Distribution / Trade Channel Dealers, OEMs and Partnerships Distributors Retail / Direct UNIQUELY POSITIONED WITH PORTFOLIO, HISTORY OF INNOVATION AND CHANNEL 26 © 2021 Resideo Technologies, Inc. All Rights Reserved.

AIR SECURITY WATER ENERGY WiFi Ductless Controller SERVICES WiFi Security Camera Smart Motion Smart Room Detection Camera Sensor Smart Room Sensor HD WiFi Outdoor WiFi Security Video Camera Two-Way Wireless Wireless Smoke & All-In-One Camera CO Detector Glassbreak Detector Security Panel Smart Thermostat Universal Heat Pump Defrost Water Leak / Freeze Detector Two-Way UV Air Purifier with Wireless Key Electrode Odor Absorption Steam Humidifier Water Leak / Zone Panel Freeze Detector PRV Water Valve Automatic Universal Hot Round Damper Surface Igniter Whole Home Dehumidification System 29 © 2021 Resideo Technologies, Inc. All Rights Reserved.AIR SECURITY WATER ENERGY WiFi Ductless Controller SERVICES WiFi Security Camera Smart Motion Smart Room Detection Camera Sensor Smart Room Sensor HD WiFi Outdoor WiFi Security Video Camera Two-Way Wireless Wireless Smoke & All-In-One Camera CO Detector Glassbreak Detector Security Panel Smart Thermostat Universal Heat Pump Defrost Water Leak / Freeze Detector Two-Way UV Air Purifier with Wireless Key Electrode Odor Absorption Steam Humidifier Water Leak / Zone Panel Freeze Detector PRV Water Valve Automatic Universal Hot Round Damper Surface Igniter Whole Home Dehumidification System 29 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Homeowner Pull Pro Contractor Push • Needs systems • Installs or fixes installed • Offers custom • Requires maintenance solutions • Wants more features • Continuous service and maintenance • And more… Source: NAHB; U.S. Energy Department; U.S. Environmental Protection Agency; Parks Associates 31 © 2021 Resideo Technologies, Inc. All Rights Reserved.Homeowner Pull Pro Contractor Push • Needs systems • Installs or fixes installed • Offers custom • Requires maintenance solutions • Wants more features • Continuous service and maintenance • And more… Source: NAHB; U.S. Energy Department; U.S. Environmental Protection Agency; Parks Associates 31 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Products sold through 3,000+ Distributors • Central to all our channels • Critical to new home construction and Partnerships with 1,200+ OEMs remodeling • Customers of our distribution partners Utility and Insurance product rebate programs • Increasing Pro sales at Retail Retail strategy for DIY / DIFM • Drives repeat business with the homeowner Residential new construction Builder programs 32 © 2021 Resideo Technologies, Inc. All Rights Reserved.Products sold through 3,000+ Distributors • Central to all our channels • Critical to new home construction and Partnerships with 1,200+ OEMs remodeling • Customers of our distribution partners Utility and Insurance product rebate programs • Increasing Pro sales at Retail Retail strategy for DIY / DIFM • Drives repeat business with the homeowner Residential new construction Builder programs 32 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Product Development Execution • Delivering on core product commitments Protect the Base Supercharging our Sales Force • Account level strategies and relationship management tools Business 360° View of the Customer • Improving customer experience and support Customer- Driving Channel Loyalty • New loyalty programs and initiatives Centric in All We Do Digital Transformation • Enabling digital and e-commerce capabilities One Resideo Platform • End-to-end application / connected strategy Reposition for Growth New Product Innovation • Innovating around high growth categories 33 © 2021 Resideo Technologies, Inc. All Rights Reserved.Product Development Execution • Delivering on core product commitments Protect the Base Supercharging our Sales Force • Account level strategies and relationship management tools Business 360° View of the Customer • Improving customer experience and support Customer- Driving Channel Loyalty • New loyalty programs and initiatives Centric in All We Do Digital Transformation • Enabling digital and e-commerce capabilities One Resideo Platform • End-to-end application / connected strategy Reposition for Growth New Product Innovation • Innovating around high growth categories 33 © 2021 Resideo Technologies, Inc. All Rights Reserved.

New leadership Legacy of Unparalleled Diversified Deep innovation portfolio in large channel connection with track record of strategy with with Pro driving operational combined with growing markets execution and rebuilt and with differentiated significant runway sticky long-term transformation redesigned R&D solutions to enhance and business organization expand 34 © 2021 Resideo Technologies, Inc. All Rights Reserved.New leadership Legacy of Unparalleled Diversified Deep innovation portfolio in large channel connection with track record of strategy with with Pro driving operational combined with growing markets execution and rebuilt and with differentiated significant runway sticky long-term transformation redesigned R&D solutions to enhance and business organization expand 34 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Jeff Frank Senior Vice President, Product Innovation 35 © 2021 Resideo Technologies, Inc. All Rights Reserved.Jeff Frank Senior Vice President, Product Innovation 35 © 2021 Resideo Technologies, Inc. All Rights Reserved.

• History of industry firsts • Depth and span of intellectual property • Breadth of product portfolio • Unique understanding of building science • Team with deep industry experience 36 © 2021 Resideo Technologies, Inc. All Rights Reserved.• History of industry firsts • Depth and span of intellectual property • Breadth of product portfolio • Unique understanding of building science • Team with deep industry experience 36 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Hardware Software • Alarm transport service with recurring monthly revenue • Adding video to remote security monitoring • Voice-controlled thermostat, migrated to Amazon Mechanical and Electrical Alexa in security system Component Control • Home security system with Alexa built in System • Geofence control of thermostat IP Network Management and Architecture • Battery powered WiFi water leak detector Data Processing and Storage 37 © 2021 Resideo Technologies, Inc. All Rights Reserved.Hardware Software • Alarm transport service with recurring monthly revenue • Adding video to remote security monitoring • Voice-controlled thermostat, migrated to Amazon Mechanical and Electrical Alexa in security system Component Control • Home security system with Alexa built in System • Geofence control of thermostat IP Network Management and Architecture • Battery powered WiFi water leak detector Data Processing and Storage 37 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Keeping the most critical 1 systems of the home running Many solutions; 2 no complete solutions Customer Multiple applications; 3 Pain hard to install and use Points 4 Professional help; who to trust and how to navigate 5 Affordability and data privacy 38 © 2021 Resideo Technologies, Inc. All Rights Reserved.Keeping the most critical 1 systems of the home running Many solutions; 2 no complete solutions Customer Multiple applications; 3 Pain hard to install and use Points 4 Professional help; who to trust and how to navigate 5 Affordability and data privacy 38 © 2021 Resideo Technologies, Inc. All Rights Reserved.

• Proactive homes • Seamless user experience • Systems working together as an ecosystem • Homeowner driven insights • Data privacy and protection 39 © 2021 Resideo Technologies, Inc. All Rights Reserved.• Proactive homes • Seamless user experience • Systems working together as an ecosystem • Homeowner driven insights • Data privacy and protection 39 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Apps Homeowner Service Pro Operational Intelligence Cloud Situational Awareness HVAC Security Water Pool Solar Irrigation Appliances … … … Hub Behind The Wall Home / Building Hub On The Counter Resideo rd 3 Party Device Device Device Device 40 © 2021 Resideo Technologies, Inc. All Rights Reserved.Apps Homeowner Service Pro Operational Intelligence Cloud Situational Awareness HVAC Security Water Pool Solar Irrigation Appliances … … … Hub Behind The Wall Home / Building Hub On The Counter Resideo rd 3 Party Device Device Device Device 40 © 2021 Resideo Technologies, Inc. All Rights Reserved.

• Provide peace of mind around comfort, • Empowering to be proactive, less reactive security and efficiency • Providing more touch points with customers • Migrating from management by crisis that enable trusted relationships • Data privacy • Increasing efficiency in their business (fewer truck rolls, more predictability) • Reduce complexity / simplify technology • Enabling new revenue value propositions • Resideo focuses on business logic and • Demand response collaboration systems within home, freeing partners to focus • Making homes / buildings better on their value propositions for the planet • Working toward seamless integrations • Making technology simple and transparent REDUCING COMPLEXITY OF BUILDING SYSTEMS FOR HOMEOWNERS, PROFESSIONALS AND PARTNERS 41 © 2021 Resideo Technologies, Inc. All Rights Reserved.• Provide peace of mind around comfort, • Empowering to be proactive, less reactive security and efficiency • Providing more touch points with customers • Migrating from management by crisis that enable trusted relationships • Data privacy • Increasing efficiency in their business (fewer truck rolls, more predictability) • Reduce complexity / simplify technology • Enabling new revenue value propositions • Resideo focuses on business logic and • Demand response collaboration systems within home, freeing partners to focus • Making homes / buildings better on their value propositions for the planet • Working toward seamless integrations • Making technology simple and transparent REDUCING COMPLEXITY OF BUILDING SYSTEMS FOR HOMEOWNERS, PROFESSIONALS AND PARTNERS 41 © 2021 Resideo Technologies, Inc. All Rights Reserved.

• Core foundation • Resideo • Tie everything differentiation together • Hardware and firmware • Knowing what • Use intelligence to makes a home create customer • On-the-wall, comfortable, value behind-the-wall, in- efficient and safe the-wall or on a • Provide actionable desktop • Leads to great data product • White space ideation 42 © 2021 Resideo Technologies, Inc. All Rights Reserved.• Core foundation • Resideo • Tie everything differentiation together • Hardware and firmware • Knowing what • Use intelligence to makes a home create customer • On-the-wall, comfortable, value behind-the-wall, in- efficient and safe the-wall or on a • Provide actionable desktop • Leads to great data product • White space ideation 42 © 2021 Resideo Technologies, Inc. All Rights Reserved.

• Reduce complexity for our • Protecting our planet’s stakeholders resources • Enable powerful technology • Focus on energy, air and that is transparent to end user water quality 43 © 2021 Resideo Technologies, Inc. All Rights Reserved.• Reduce complexity for our • Protecting our planet’s stakeholders resources • Enable powerful technology • Focus on energy, air and that is transparent to end user water quality 43 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Aligning and rebalancing Expanding analytics and product portfolios data competencies Creating unified ecosystem team Increasing role of customers – professionals and homeowners – in our innovation processes Consolidating building science knowledge Prioritizing platforms – Partnering with adjacent hardware and software technology and lifestyle leaders 44 © 2021 Resideo Technologies, Inc. All Rights Reserved.Aligning and rebalancing Expanding analytics and product portfolios data competencies Creating unified ecosystem team Increasing role of customers – professionals and homeowners – in our innovation processes Consolidating building science knowledge Prioritizing platforms – Partnering with adjacent hardware and software technology and lifestyle leaders 44 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Interoperability Focus on fewer, Accelerated Partner to grow Simplicity with decisions and across Resideo more targeted our ecosystem and products that offerings offerings NPI velocity third-party deliver more value integrations to homeowners and professionals 45 © 2021 Resideo Technologies, Inc. All Rights Reserved.Interoperability Focus on fewer, Accelerated Partner to grow Simplicity with decisions and across Resideo more targeted our ecosystem and products that offerings offerings NPI velocity third-party deliver more value integrations to homeowners and professionals 45 © 2021 Resideo Technologies, Inc. All Rights Reserved.

$M $M Gross Profit Revenue 6,000 1,400 • H2 2020 performance highlights 1,200 5,000 +27% +13% earnings and cash flow power 1,000 4,000 800 3,000 600 • Improved market conditions and 2,000 400 business execution 1,000 200 0 0 • Structural changes position for 2019 2020 H2 2019 H2 2020 2019 2020 H2 2019 H2 2020 future growth and margin expansion • Addition of critical people and $M Operating Income Operating Cash Flow $M capabilities 350 300 • Progress on cost structure 300 +116% 250 +188% 250 • Identified and prioritized high 200 200 return investment actions 150 150 100 100 • Demand trends remain robust 50 50 across our markets entering 2021 0 0 2019 2020 H2 2019 H2 2020 2019 2020 H2 2019 H2 2020 47 © 2021 Resideo Technologies, Inc. All Rights Reserved.$M $M Gross Profit Revenue 6,000 1,400 • H2 2020 performance highlights 1,200 5,000 +27% +13% earnings and cash flow power 1,000 4,000 800 3,000 600 • Improved market conditions and 2,000 400 business execution 1,000 200 0 0 • Structural changes position for 2019 2020 H2 2019 H2 2020 2019 2020 H2 2019 H2 2020 future growth and margin expansion • Addition of critical people and $M Operating Income Operating Cash Flow $M capabilities 350 300 • Progress on cost structure 300 +116% 250 +188% 250 • Identified and prioritized high 200 200 return investment actions 150 150 100 100 • Demand trends remain robust 50 50 across our markets entering 2021 0 0 2019 2020 H2 2019 H2 2020 2019 2020 H2 2019 H2 2020 47 © 2021 Resideo Technologies, Inc. All Rights Reserved.

• $279M net proceeds from equity offering (1) $645M Net Debt • Refinanced credit facilities $244M • No significant amortization requirements until 2026 2020 Operating Cash Flow (2) • Upsized revolver has improved ~$1B Available Liquidity liquidity • Recent ratings actions reflect improvement: (3) 1.1x Net Leverage (Non-GAAP) • S&P: ‘BB’ rating, outlook revised from Negative to Stable • Moody’s: Upgraded rating to ‘Ba3’ from B1; outlook remains Stable • Exited 2020 with net leverage OPERATIONAL IMPROVEMENTS AND PROACTIVE ACTIONS CREATE (Non-GAAP) of 1.1x, versus 2.1x at SIGNIFICANTLY ENHANCED FINANCIAL FLEXIBILITY end of 2019 (1) Total debt less cash at December 31, 2020 (2) Current revolver availability plus cash at March 8, 2021 (3) As of December 31, 2020 48 © 2021 Resideo Technologies, Inc. All Rights Reserved.• $279M net proceeds from equity offering (1) $645M Net Debt • Refinanced credit facilities $244M • No significant amortization requirements until 2026 2020 Operating Cash Flow (2) • Upsized revolver has improved ~$1B Available Liquidity liquidity • Recent ratings actions reflect improvement: (3) 1.1x Net Leverage (Non-GAAP) • S&P: ‘BB’ rating, outlook revised from Negative to Stable • Moody’s: Upgraded rating to ‘Ba3’ from B1; outlook remains Stable • Exited 2020 with net leverage OPERATIONAL IMPROVEMENTS AND PROACTIVE ACTIONS CREATE (Non-GAAP) of 1.1x, versus 2.1x at SIGNIFICANTLY ENHANCED FINANCIAL FLEXIBILITY end of 2019 (1) Total debt less cash at December 31, 2020 (2) Current revolver availability plus cash at March 8, 2021 (3) As of December 31, 2020 48 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Invest in targeted, high return initiatives and Expand gross margin through manufacturing growth markets where we have competitive and supply chain efficiency, pricing advantage and a right to win optimization and leveraging fixed cost base High level of conversion of income into Grow operating margin through continued operating cash flow cost rationalization, scalable foundation and disciplined segment investment FOCUS ON GAAP METRICS AND CASH GENERATION WITH DRIVE TOWARD IMPROVED ASSET EFFICIENCY 49 © 2021 Resideo Technologies, Inc. All Rights Reserved.Invest in targeted, high return initiatives and Expand gross margin through manufacturing growth markets where we have competitive and supply chain efficiency, pricing advantage and a right to win optimization and leveraging fixed cost base High level of conversion of income into Grow operating margin through continued operating cash flow cost rationalization, scalable foundation and disciplined segment investment FOCUS ON GAAP METRICS AND CASH GENERATION WITH DRIVE TOWARD IMPROVED ASSET EFFICIENCY 49 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Opportunities for growth, savings and efficiency • Scalable operations Work with businesses to identify ideas Outline processes and • Higher margins support day-to-day execution • Faster growth Prioritize and accelerate high Track performance return projects and drive accountability 50 © 2021 Resideo Technologies, Inc. All Rights Reserved.Opportunities for growth, savings and efficiency • Scalable operations Work with businesses to identify ideas Outline processes and • Higher margins support day-to-day execution • Faster growth Prioritize and accelerate high Track performance return projects and drive accountability 50 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Corporate Costs as % of Resideo SG&A as % of (1) Revenue Revenue • Simplify organization and build scalable foundation 7% 25% % Rev % Rev 5.7% • Efficient spending – eliminate what 20% 6% is not creating value % Rev 20% < 17% 5% % Rev • Increasing accountability – every < 4.0% dollar has an owner 15% 4% • Revamped budgeting / forecasting 3% 10% process 2% • Focus on GAAP and transparency 5% 1% 0% 0% 2020 2021E 2024T 2020 2021E 2024T FOCUS ON SCALABILITY, EFFICIENCY AND CONTROL (1) Corporate costs includes amounts reported in cost of goods sold and SG&A. Amounts reported in cost of goods sold were $9 million and $8 million for 2020 and 2019, respectively Long-term targets represent our goals and are not projections of future performance 51 © 2021 Resideo Technologies, Inc. All Rights Reserved.Corporate Costs as % of Resideo SG&A as % of (1) Revenue Revenue • Simplify organization and build scalable foundation 7% 25% % Rev % Rev 5.7% • Efficient spending – eliminate what 20% 6% is not creating value % Rev 20% < 17% 5% % Rev • Increasing accountability – every < 4.0% dollar has an owner 15% 4% • Revamped budgeting / forecasting 3% 10% process 2% • Focus on GAAP and transparency 5% 1% 0% 0% 2020 2021E 2024T 2020 2021E 2024T FOCUS ON SCALABILITY, EFFICIENCY AND CONTROL (1) Corporate costs includes amounts reported in cost of goods sold and SG&A. Amounts reported in cost of goods sold were $9 million and $8 million for 2020 and 2019, respectively Long-term targets represent our goals and are not projections of future performance 51 © 2021 Resideo Technologies, Inc. All Rights Reserved.

(1) ADI Gross Margin (1) Resideo Gross Margin 19.5% 25.0% • Annual supply chain savings target 17.0% 20.0% ~31% 35% 15.0% • Manufacturing footprint 10.0% optimization 30% 25.9% 5.0% • Value engineering and scalable 25% 0.0% 2020 2021E 2024T design (1) 20% P&S Gross Margin • Profitability management office 47% 15% 60% • Price optimization 38.7% 50% 10% 40% • Portfolio optimization 30% 5% 20% • Rollout of IBP 10% 0% 0% • Integrated NPI process 2020 2021E 2024T 2020 2021E 2024T ACTIONS UNDERWAY, BENEFITS TO FLOW OVER TIME (1) 2024T numbers reflect the approximate midpoint of target growth and margin ranges outlined on Slide 55 Long-term targets represent our goals and are not projections of future performance 52 © 2021 Resideo Technologies, Inc. All Rights Reserved.(1) ADI Gross Margin (1) Resideo Gross Margin 19.5% 25.0% • Annual supply chain savings target 17.0% 20.0% ~31% 35% 15.0% • Manufacturing footprint 10.0% optimization 30% 25.9% 5.0% • Value engineering and scalable 25% 0.0% 2020 2021E 2024T design (1) 20% P&S Gross Margin • Profitability management office 47% 15% 60% • Price optimization 38.7% 50% 10% 40% • Portfolio optimization 30% 5% 20% • Rollout of IBP 10% 0% 0% • Integrated NPI process 2020 2021E 2024T 2020 2021E 2024T ACTIONS UNDERWAY, BENEFITS TO FLOW OVER TIME (1) 2024T numbers reflect the approximate midpoint of target growth and margin ranges outlined on Slide 55 Long-term targets represent our goals and are not projections of future performance 52 © 2021 Resideo Technologies, Inc. All Rights Reserved.

• Creation of Innovation ADI Global Products & organization Distribution Solutions • Revamped NPI process • Expand e-commerce • Reposition for growth • Digital transformation • ADI digital tools rollouts • Category expansion • One Resideo platform • M&A capabilities • New product innovation • Geographic expansion • Protect base business • Development execution • Enhance sales force • Supercharge sales force effectiveness through digital tools • Ensure customer is central INVESTMENT IN PROCESSES AND INNOVATION TO DRIVE LONG-TERM GROWTH 53 © 2021 Resideo Technologies, Inc. All Rights Reserved.• Creation of Innovation ADI Global Products & organization Distribution Solutions • Revamped NPI process • Expand e-commerce • Reposition for growth • Digital transformation • ADI digital tools rollouts • Category expansion • One Resideo platform • M&A capabilities • New product innovation • Geographic expansion • Protect base business • Development execution • Enhance sales force • Supercharge sales force effectiveness through digital tools • Ensure customer is central INVESTMENT IN PROCESSES AND INNOVATION TO DRIVE LONG-TERM GROWTH 53 © 2021 Resideo Technologies, Inc. All Rights Reserved.

ADI Global Products & • Expect capital expenditures of ~$90M in 2021 Distribution Solutions • Targeted investment to drive future growth; • Bolt-on M&A • Accelerate growth in +$40M of incremental activity in 2021 attractive categories • Adjacent categories • Systems upgrades to support expected growth • Smart Water and improve information visibility • IAQ • Service offerings • Comprehensive Security • Partnerships and ecosystem engagement to • Broaden market • Cross platform solutions increase flexibility and market coverage coverage • Software, AI and data analytics capabilities HIGH RETURN INVESTMENT TO AUGMENT AND ACCELERATE CURRENT STRATEGY 54 © 2021 Resideo Technologies, Inc. All Rights Reserved.ADI Global Products & • Expect capital expenditures of ~$90M in 2021 Distribution Solutions • Targeted investment to drive future growth; • Bolt-on M&A • Accelerate growth in +$40M of incremental activity in 2021 attractive categories • Adjacent categories • Systems upgrades to support expected growth • Smart Water and improve information visibility • IAQ • Service offerings • Comprehensive Security • Partnerships and ecosystem engagement to • Broaden market • Cross platform solutions increase flexibility and market coverage coverage • Software, AI and data analytics capabilities HIGH RETURN INVESTMENT TO AUGMENT AND ACCELERATE CURRENT STRATEGY 54 © 2021 Resideo Technologies, Inc. All Rights Reserved.

(1) Revenue ~6% CAGR 6% to 8% CAGR 4% to 6% CAGR Gross Margin 30% to 32% 19% to 20% 46% to 48% Operating Margin 13% to 15% 9% to 10% 28% to 30% Corporate Cost Under 4% of total revenue Operating cash flow of >$600 million Operating Cash Flow (1) CAGR for 2020 through 2024T period Long-term targets represent our goals and are not projections of future performance 55 © 2021 Resideo Technologies, Inc. All Rights Reserved.(1) Revenue ~6% CAGR 6% to 8% CAGR 4% to 6% CAGR Gross Margin 30% to 32% 19% to 20% 46% to 48% Operating Margin 13% to 15% 9% to 10% 28% to 30% Corporate Cost Under 4% of total revenue Operating cash flow of >$600 million Operating Cash Flow (1) CAGR for 2020 through 2024T period Long-term targets represent our goals and are not projections of future performance 55 © 2021 Resideo Technologies, Inc. All Rights Reserved.

(1) (2) $M 2020 2021E 2024T • Cash payment to Honeywell of Revenue 5,071 5,200 - 5,400 6,425 $140M annually related to ADI Segment Revenue 2,950 - 3,850 indemnity agreement – limited tax P&S Segment Revenue 2,121 - 2,575 deductibility Gross Margin 25.9% 26% - 28% 31% • Effective tax rate in mid-20s ADI Segment Gross Margin 17.0% - 19.5% P&S Segment Gross Margin 38.7% - 47% • Capital expenditures at 2-3% of total revenue Operating Income / Margin 6.1% 450 - 500 14% ADI Segment Operating Margin 6.6% - 9.5% • Continued focus on delivering P&S Segment Operating Margin 19.2% - 29% strong working capital Corporate Costs 290 225 240 management Operating Cash Flow 244 - > 600 (1) 2021E reflects full year 2021 financial outlook published as of February 25, 2021 (2) 2024T numbers reflect the approximate midpoint of target growth and margin ranges outlined on Slide 55 Long-term targets represent our goals and are not projections of future performance 56 © 2021 Resideo Technologies, Inc. All Rights Reserved.(1) (2) $M 2020 2021E 2024T • Cash payment to Honeywell of Revenue 5,071 5,200 - 5,400 6,425 $140M annually related to ADI Segment Revenue 2,950 - 3,850 indemnity agreement – limited tax P&S Segment Revenue 2,121 - 2,575 deductibility Gross Margin 25.9% 26% - 28% 31% • Effective tax rate in mid-20s ADI Segment Gross Margin 17.0% - 19.5% P&S Segment Gross Margin 38.7% - 47% • Capital expenditures at 2-3% of total revenue Operating Income / Margin 6.1% 450 - 500 14% ADI Segment Operating Margin 6.6% - 9.5% • Continued focus on delivering P&S Segment Operating Margin 19.2% - 29% strong working capital Corporate Costs 290 225 240 management Operating Cash Flow 244 - > 600 (1) 2021E reflects full year 2021 financial outlook published as of February 25, 2021 (2) 2024T numbers reflect the approximate midpoint of target growth and margin ranges outlined on Slide 55 Long-term targets represent our goals and are not projections of future performance 56 © 2021 Resideo Technologies, Inc. All Rights Reserved.

ADI Global Products & Corporate Distribution Solutions • Create scalable systems • Outgrow in our core market • Grow share in attractive and processes across markets (IAQ, Smart Water, • Expand into adjacencies corporate cost functions Comprehensive Security) • Increase digital and e- • Target reductions in • Defend base in core markets commerce contribution absolute spend for select • Deepen relationships with Pro functional areas • Implement tools and processes to improve sales • Leverage behind-the-wall • Invest in Innovation effectiveness presence and understanding organization • Grow private label contribution • Achieve value engineering and supply chain savings • Leverage existing operational footprint and teams across • Execute on manufacturing larger revenue base footprint optimization 57 © 2021 Resideo Technologies, Inc. All Rights Reserved.ADI Global Products & Corporate Distribution Solutions • Create scalable systems • Outgrow in our core market • Grow share in attractive and processes across markets (IAQ, Smart Water, • Expand into adjacencies corporate cost functions Comprehensive Security) • Increase digital and e- • Target reductions in • Defend base in core markets commerce contribution absolute spend for select • Deepen relationships with Pro functional areas • Implement tools and processes to improve sales • Leverage behind-the-wall • Invest in Innovation effectiveness presence and understanding organization • Grow private label contribution • Achieve value engineering and supply chain savings • Leverage existing operational footprint and teams across • Execute on manufacturing larger revenue base footprint optimization 57 © 2021 Resideo Technologies, Inc. All Rights Reserved.

Solid Foundation + Scalability & Operating Accelerated Top Line Gross Margin Efficiency Margin Cash Growth Expansion + Leverage Generation Thoughtful Capital Allocation 58 © 2021 Resideo Technologies, Inc. All Rights Reserved.Solid Foundation + Scalability & Operating Accelerated Top Line Gross Margin Efficiency Margin Cash Growth Expansion + Leverage Generation Thoughtful Capital Allocation 58 © 2021 Resideo Technologies, Inc. All Rights Reserved.

www.resideo.comwww.resideo.com

APPENDIX ADD TITLE HEREAPPENDIX ADD TITLE HERE

SUMMARY OF FINANCIAL RESULTS (UNAUDITED) Twelve Months Ended December 31, December 31, 2020 2019 ($ in millions) Products & Solutions (1) $ 2,121 $ 2,175 Revenue 821 786 Gross profit 38.7% 36.1% Gross margin ADI Global Distribution $ 2,950 $ 2,813 Revenue 501 499 Gross profit 17.0% 17.7% Gross margin Total Company $ 5,071 $ 4,988 Revenue 1,313 1,277 Gross profit 25.9% 25.6% Gross margin 1) Represents Product & Solutions revenue, excluding intersegment revenue of $367 million and $312 million for the twelve months ended December 31, 2020 and December 31, 2019, respectively. ADI Global Distribution does not have any intersegment revenue. 62 © 2021 Resideo Technologies, IncSUMMARY OF FINANCIAL RESULTS (UNAUDITED) Twelve Months Ended December 31, December 31, 2020 2019 ($ in millions) Products & Solutions (1) $ 2,121 $ 2,175 Revenue 821 786 Gross profit 38.7% 36.1% Gross margin ADI Global Distribution $ 2,950 $ 2,813 Revenue 501 499 Gross profit 17.0% 17.7% Gross margin Total Company $ 5,071 $ 4,988 Revenue 1,313 1,277 Gross profit 25.9% 25.6% Gross margin 1) Represents Product & Solutions revenue, excluding intersegment revenue of $367 million and $312 million for the twelve months ended December 31, 2020 and December 31, 2019, respectively. ADI Global Distribution does not have any intersegment revenue. 62 © 2021 Resideo Technologies, Inc

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Twelve Months Ended December 31, December 31, 2020 2019 ($ in millions) Total debt $ 1,162 $ 1,180 Less: Cash 517 122 Net debt $ 645 $ 1,058 Reconciliation of Net income to Adjusted EBITDA (Non-GAAP) Net income $ 37 $ 36 Net interest expense 61 66 Tax expense 64 35 Depreciation and amortization 86 80 (1) 146 108 Reimbursement Agreement expense (2) 29 25 Stock compensation expense Restructuring charges 40 37 (3) 99 115 Other (4) $ 562 $ 502 Adjusted EBITDA (Non-GAAP) Net leverage (Non-GAAP) 1.1x 2.1x 1) Represents recorded expenses / gains related to the Reimbursement Agreement with Honeywell. Pursuant to the Reimbursement Agreement, we are responsible to indemnify Honeywell in amounts equal to 90% of payments, which include amounts billed, with respect to certain environmental claims, remediation and, to the extent arising after the Spin-Off, hazardous exposure or toxic tort claims, in each case including consequential damages in respect of specified properties contaminated through historical business operations, including the legal and other costs of defending and resolving such liabilities, less 90% of Honeywell’s net insurance receipts relating to such liabilities, and less 90% of the net proceeds received by Honeywell in connection with (i) affirmative claims relating to such liabilities, (ii) contributions by other parties relating to such liabilities and (iii) certain property sales; such payments are subject to a cap of $140 million in respect of liabilities arising in any given year (exclusive of any late payment fees up to 5% per annum). Such amounts are recorded in net income when they are probable and reasonably estimable. The cash payments under the Reimbursement Agreement for the twelve months ended December 31, 2020 and 2019 are $140 million. 2) Stock compensation expense adjustment includes only non-cash expenses. 3) For the twelve months ended December 31, 2020, Other represents $46 million of items related to the Spin-Off, $48 million of consulting and other fees related to transformation programs, and $5 million of other expenses, respectively. For the twelve months ended December 31, 2019, Other represents $80 million of items related to the Spin-Off, $20 million of consulting fees related to restructuring programs and developments on legal claims that arose prior to Spin-Off, $2 million of environmental expense for Resideo’s owned sites as well as pre-Spin-Off historical environmental expenses as reported under 100% carryover basis for sites now covered under the Reimbursement Agreement, and $13 million of non-operating expense adjustment which excludes net interest (income), respectively. 63 © 2021 Resideo Technologies, IncRECONCILIATION OF NON-GAAP FINANCIAL MEASURES Twelve Months Ended December 31, December 31, 2020 2019 ($ in millions) Total debt $ 1,162 $ 1,180 Less: Cash 517 122 Net debt $ 645 $ 1,058 Reconciliation of Net income to Adjusted EBITDA (Non-GAAP) Net income $ 37 $ 36 Net interest expense 61 66 Tax expense 64 35 Depreciation and amortization 86 80 (1) 146 108 Reimbursement Agreement expense (2) 29 25 Stock compensation expense Restructuring charges 40 37 (3) 99 115 Other (4) $ 562 $ 502 Adjusted EBITDA (Non-GAAP) Net leverage (Non-GAAP) 1.1x 2.1x 1) Represents recorded expenses / gains related to the Reimbursement Agreement with Honeywell. Pursuant to the Reimbursement Agreement, we are responsible to indemnify Honeywell in amounts equal to 90% of payments, which include amounts billed, with respect to certain environmental claims, remediation and, to the extent arising after the Spin-Off, hazardous exposure or toxic tort claims, in each case including consequential damages in respect of specified properties contaminated through historical business operations, including the legal and other costs of defending and resolving such liabilities, less 90% of Honeywell’s net insurance receipts relating to such liabilities, and less 90% of the net proceeds received by Honeywell in connection with (i) affirmative claims relating to such liabilities, (ii) contributions by other parties relating to such liabilities and (iii) certain property sales; such payments are subject to a cap of $140 million in respect of liabilities arising in any given year (exclusive of any late payment fees up to 5% per annum). Such amounts are recorded in net income when they are probable and reasonably estimable. The cash payments under the Reimbursement Agreement for the twelve months ended December 31, 2020 and 2019 are $140 million. 2) Stock compensation expense adjustment includes only non-cash expenses. 3) For the twelve months ended December 31, 2020, Other represents $46 million of items related to the Spin-Off, $48 million of consulting and other fees related to transformation programs, and $5 million of other expenses, respectively. For the twelve months ended December 31, 2019, Other represents $80 million of items related to the Spin-Off, $20 million of consulting fees related to restructuring programs and developments on legal claims that arose prior to Spin-Off, $2 million of environmental expense for Resideo’s owned sites as well as pre-Spin-Off historical environmental expenses as reported under 100% carryover basis for sites now covered under the Reimbursement Agreement, and $13 million of non-operating expense adjustment which excludes net interest (income), respectively. 63 © 2021 Resideo Technologies, Inc