ADT (ADT) Proxy filing summary

Executive summary

• Entered an agreement to be acquired by Thrive Holdings, a long-term investor focused on established businesses and technology advancement; the transaction combines security expertise, nationwide service and customer trust with engineering capabilities.

• Plans to build on smart home security expertise, strengthen products and services, and serve more customers; stated commitment to protecting and connecting people remains unchanged.

Voting matters and shareholder proposals

• Proposed acquisition requires stockholder approval; preliminary and definitive proxy materials are intended to be filed, and investors are urged to review them when available.

• Completion also depends on transaction conditions and any required regulatory approvals; competing proposals and termination of the agreement are identified as risks.

Board of directors and corporate governance

• Directors, executive officers, management and employees may be deemed participants in the proxy solicitation; additional information on their transaction-related interests is expected in the transaction proxy.