Resideo Technologies (REZI) Fireside Chat summary

Introduction and agenda

• Event focused on a deep dive into the ADI Global Distribution business, featuring leadership perspectives and audience Q&A.

• Discussion included ADI's business model, growth drivers, competitive advantages, recent acquisition of Snap One, and future outlook post-spin.

Background and experience of the speaker

• Rob Aarnes has been with ADI for 13 years, leading the spin-out from Honeywell and serving as Global President.

• Mike Carlet, CFO, joined Resideo after Snap One's acquisition and has overseen integration efforts.

Current industry trends

• Commercial security shows resilience and steady growth, driven by technology advancements and recurring upgrade cycles.

• Increasing demand for integrated, omnichannel distribution and digital tools for both commercial and residential integrators.

• Catastrophic events and security threats are driving continuous investment in security technology across verticals like education, healthcare, and banking.