Investor Overview November 2023

Definition of Key Operating Metrics SmartRent regularly monitors several operating and financial metrics to evaluate its operating performance, identify trends affecting its business, formulate business plans, measure its progress, and make strategic decisions. SmartRent's key operating metrics may not provide accurate predictions of future GAAP financial results. Annual Recurring Revenue ("ARR") is defined as the annualized value of our recurring SaaS revenue earned in the current quarter. Bookings represent the dollar value of Units Booked from hubs and other hardware, professional services, as well as one year of SaaS. 17 ◆ SmartRentⓇ

View entire presentation