Q3 2021 Investor Presentation

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Arlon

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Real Estate

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2021

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#1arlox Q3 2021 Investor Presentation#2Safe Harbor Disclosure This presentation contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. The words "anticipate," "expect," "believe," "will," "may," "should," "estimate," "project," "outlook," "forecast" or other similar words are used to identify such forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. The forward-looking statements represent Arlo Technologies, Inc.'s (the "Company") expectations beliefs concerning future events based on information available at the time such statements were made and include statements regarding its potential future business, operating performance and financial condition, including descriptions of its expected revenue, GAAP and non-GAAP gross margins, operating margins, tax rates, expenses, and cash outlook; the Company's transition to a services-first business model; the commercial launch and momentum of new products and services; strategic objectives and initiatives, including the Company's collaboration with Verisure; expectations regarding market expansion and future growth; plans to invest in product innovation; the Company's future product offerings; supply chain challenges; and the quote from the Company's Chief Executive Officer. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including the following: future demand for the Company's products may be lower than anticipated; consumers may choose not to adopt the Company's new product offerings or adopt competing products; product performance may be adversely affected by real world operating conditions; the Company may be unsuccessful or experience delays in manufacturing and distributing its new and existing products; telecommunications service providers may choose to slow their deployment of the Company's products or utilize competing products; the Company may be unable to collect receivables as they become due; the Company may fail to manage costs, including the cost of developing new products and manufacturing and distribution of its existing offerings; the Company may incur additional costs and charges associated with the transactions contemplated by the Verisure partnership; the Company may not receive the minimum commitment amounts from Verisure; the COVID-19 pandemic could continue to have an adverse impact on the Company's business, operations and the markets and communities in which the Company and its partners and customers operate; the Company may fail to successfully continue to effect operating expense savings; changes in the level of the Company's cash resources and the Company's planned usage of such resources; changes in the Company's stock price and developments in the business that could increase the Company's cash needs; fluctuations in foreign exchange rates; the actions and financial health of the Company's customers; the anticipated financial capacity under the Company's revolving credit line may not be available when expected, or at all; and the Company may not be able to carry out its restructuring plan. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Further information on potential risk factors that could affect the Company's and its business are detailed in the Company's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Risk Factors" in the Company's most recently filed Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the "SEC") and subsequent filings with the SEC. Given these circumstances, you should not place undue reliance on these forward-looking statements. The Company undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. All product and company names herein are or may be trademarks of their respective owners. arlo Copyright 2021, Arlo Technologies Inc. All rights reserved.#3We exist to bring peace of mind by connecting and protecting what people care about the most arlox Copyright 2021, Arlo Technologies Inc. All rights reserved.#4arlox A home burglary occurs every 30 seconds in the United States (1) Fires affect 1,000 homes per day causing $12 Billion in damage annually and tragic loss of life(3) Copyright 2021, Arlo Technologies Inc. All rights reserved. HH Burglaries at home in the U.S. cause over $3 Billion in loss every year(¹) Water leaks impact 14,000 homes per day in the U.S. causing over $30 Billion in damages (4) Homes without a security system are 300% more likely to be burglarized (2) Annually, over 3 million older adults fall resulting in serious injury & >$50 Billion in medical costs(5) (1) FBI 2019 Crime in the U.S. Report https://ucr.fbi.gov/crime-in-the-u.s/2019/crime-in-the-u.s.-2019/topic-pages/burglary (2) Alarm.org Report. https://www.thezebra.com/resources/research/burglary-statistics/ (3) U.S. Fire Administration and NFPA. https://www.thezebra.com/resources/research/house-fire-statistics/ (4) Water Damage Defense Report. https://www.waterdamagedefense.com/pages/water-damage-by-the-numbers (5) CDC. https://www.cdc.gov/homeandrecreationalsafety/falls/adultfalls.html#5COVID accelerated e-commerce and deliveries driving awareness for smart front door solutions... and as the world opens, consumers want to secure their home when away arlox Copyright 2021, Arlo Technologies Inc. All rights reserved. WII U#6We are in the early phase of the smart security market with mass market adoption beginning arlox Copyright 2021, Arlo Technologies Inc. All rights reserved. Over 100 million United States households have broadband but no smart security solution. American Broadband Households and Their Technologies, Park Associates 2020 On a global basis, there are more than 1 billion broadband households with no smart security solution.#7arlox Smart Camera Market(2) -$5 Billion (growing to $11.8 Billion by 2027) Copyright 2021, Arlo Technologies Inc. All rights reserved. Global Home Security Market (¹) $53 Billion (growing to $78 Billion by 2025) Video Doorbell Market (3) $1.8 Billion (growing to $2.8 Billion by 2025) (1) Marketsand Markets. https://www.reportlinker.com/p05495954/Home-Security-System-Market-by-Home-Type-System-Type-Offering-And-Geography-Global-Forecast- (2) Grandview Research. https://menafn.com/1101235909/Smart-Home-Security-Camera-Market-Size-Worth-1189-Billion-By-2027-Grand-View-Research-Inc (3) Grandview Research. https://www.grandview research.com/industry-analysis/doorbell-camera-market to.html?utm_source=GNW#860% 55% 50% 45% 40% 35% 30% 25% Installation Method for Home Security Systems Acquired within the Past 12 Months 55% arlox 40% 2018 * Systems acquired and installed within the past year. Self Installed 51% Copyright 2021, Arlo Technologies Inc. All rights reserved. 46% 2019 55% 33% | "S7055. Who installed your home security system?"|Source: Multiple Surveys: American Broadband Households and Their Technologies | © 2020 Parks Associates 2020 Arlo pioneered DIY Smart Security which consumers now prefer over professionally installed solutions#9We reach our customers through the largest consumer channels in the world arlox Copyright 2021, Arlo Technologies Inc. All rights reserved. BEST BUY COSTCO WHOLESALE Walmart amazon sam's club. verizon AT&T JB₁ HI-FI- Harvey Norman UNNINGS warehouse arlo arlo UHD TV EED HELP NEED HE THIS ITEM $999 SHM Video arlo I Doorbell arlo Arlo Pro 2 2010 S 1599 CLEARANCE arlo 1299 arlo Nikon NEED HELP P#10arlo .... . arlo Our designs and innovations are recognized as best-in-class arlox Copyright 2021, Arlo Technologies Inc. All rights reserved. CES BEST 2020 cnet EDITORS CHOICE DEC 2019 CHOICE PH EDITORS PC EDITORS CHOICE PC EDITORS CHOICE TechHive EDITORS' CHOICE reddot award Pocketlint BEST BUY 2021 T3 AWARDS 2020 WINNER CES INNOVATION AWARDS 2020 # DIGITAL TRENDS EDITORS' T3 Best of CES 2021 reddot award (a) (a the ambient. TOP PICK c|net EDITORS CHOICE CES INNOVATION AWARDS 2020 GottaBe MOBILE Editors' Choice PC THE POMAL.COM YEAR -2020. reddot award TRATED BRAND finder AWARDS BEST OF 2020 BEST OF GES Airecutter Pr 1. 2020 Pick IPC PCMAG.COM EDITORS CHOICE EDITORS' CHOICE Pocketlint RECOMMENDED + EDITORS' CHOICE tech radar. RECOMMENDS 2020 BEST OF YEAR REVIEWED BEST OF THE BEST AWARDS 2020 THE BEST GADO NOW G BEST 2020 EDITORS' CHOICE BEST OVERALL c/net EDITORS CHOICE OCT 2019 + RECOMMENDED PRODUCT 25 wellbuts Small Business TRENDS EDITORS' CHOICE ROLLING STONE STAFF Newsweek BEST OF THE BEST AWARDS 2020 TWICE PICKS AWARDS WINNER TechHive EDITORS' CHOICE

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