Announcement PDF Project Amsterdam Acquisition Presentation O U R B R A N D S DISCLAIMER 2 This investor presentation has been prepared by Intelligent Monitoring Group Limited (ACN 060 774 227) (IMG or the Company). It contains general information about the Company and its subsidiaries (Group) and the Group’s business as at the date of this presentation. The information in this presentation should not be considered to be comprehensive or to comprise all of the material which a shareholder or potential investor in the Company may require in order to determine whether to deal in the Company’s shares. The information in this presentation is of a general nature only and does not purport to be complete. It should be read in conjunction with the Company’s periodic and continuous disclosure announcements which are available at www.intelligentmonitoringgroup.com and with the Australian Securities Exchange (ASX) announcements, which are available at www.asx.com.au. 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Third party trademarks and trade names used in this presentation belong to the relevant owners and use is not intended to represent sponsorship, approval or association by or with the Company. • Intelligent Monitoring Group Limited (“IMG’) has entered into a binding agreement to acquire ADT’s residential security business in the United Kingdom (“ADT UK”) for GBP £180m (A$346m*). • IMG will acquire one of the UK’s most recognised residential security brands. ADT UK operates in a growing market and is expected to provide IMG with immediate scale and a strong platform for sustained growth by combining ADT’s brand equity with IMG’s advanced video monitoring services. • The acquisition price represents an enterprise value (“EV”)/FY26 EBITDA multiple of 4.2 times (assuming no synergies) • The acquisition is expected to be 40% accretive to net profit on pro forma earnings & funded with an A$448m* debt facility (3.4x Gross Debt/ Pro-forma FY26E EBITDA) that will be used in conjunction with £25 million of IMG equity, issued to the vendor. • There is no requirement for an external IMG equity raising. The acquisition is anticipated to lead IMG to a pro forma annualised EBITDA of A$130m* • Based on expected depreciation, interest costs and tax, IMB forecasts a pro forma EPSof $0.09 per share (+40% accretion) * At current GBP/AUD exchange rates 3 EXECUTIVE SUMMARY IMG acquires leading UK residential security company, doubling scale whilst driving forecast 40% EPS accretion CORPORATE STORY 4 Build the platform • Acquire and consolidate high-quality monitoring businesses • Create scale in control rooms, technology and customer relationships • Use the ADT brand and market position to become the leading independent security services platform Use the platform to enter much larger markets • Diversify the opportunity from traditional intrusion alarm monitoring: 1. Remote video guarding 2. Commercial security and fire services 3. AI-enabled monitoring and verification Replicate internationally • UK acquisition doubles the scale of the group • Creates a second major geography • Provides another platform for video guarding and technology development • Moves IMG from a regional operator towards becoming an international security services company IMG is building a leading security monitoring and remote guarding platform in Australasia and the UK PHASE I PHASE II PHASE III INVESTMENT THESIS IMG owns a highly cash-generative monitoring platform that is funding expansion into much larger and faster-growing remote security markets 5 What protects the downside? • Significant Recurring monitoring revenues • Strong customer retention • Defensive cashflows • Essential service • Proven acquisition capability What creates the upside? • Video guarding replacing physical guards • Increased revenue per site • UK expansion • Further industry consolidation • Operating leverage from a larger scale ACQUISITION DETAILS 6 OVERVIEW OF ACQUISITION IMG has agreed to acquire 100% of “ADT (UK) Holdings Limited” owner of ADT Residential Security in the UK. 7 • IMG has agreed to acquire the UK ADT residential business from JCI (“UK ADT”) for GBP £180m (A$345m*). • Transaction value comprises £155 million cash and AUD equivalent of £25 million worth of IMG shares. • The acquisition will be funded with a new A$446m* debt facility (3.4x Gross Debt / pro forma FY26E EBITDA) that will be used in conjunction with £25 million of equity issued to the seller. • ADT is one of the UK's most established and recognised residential security brands. ADT is a well-known brand in a growing market, providing IMG with immediate scale, market credibility, and a strong platform for sustained growth by combining brand equity and advanced video monitoring services for existing and new customers. • IMG intends for ADT UK to continue to operate as a stand-alone business and assumes no synergies achieved from the acquisition. • This acquisition is anticipated to lead to a pro forma EBITDA of $130m* (existing pro forma guidance of $43-47m EBITDA). • Based on expected depreciation, interest costs and tax, IMB forecasts a pro forma EPS of $0.09ps up +40%. * At current GBP/AUD exchange rate of $1.92 PROJECT AMSTERDAM STRATEGIC RATIONALE Rare opportunity to acquire a well recogised brand in a growing market 8 • Provides immediate scale and entry into the growing UK residential security market • A rare opportunity to acquire a premium asset at an attractive entry and leverage a highly recognised and trusted “ADT” brand • Minimises execution risk by operating as a stand-alone business with no reliance on integration synergies • Creates additional upside potential through the introduction of advanced video monitoring services to new and existing customers SOURCES AND USES OF FUNDS 9 New Debt $448m* ADT UK Acquisition ~$346m* Equity (Consideration Shares in AUD) $48m* Refinance existing debt $120m Transaction Costs & working capital ~$30m Total Sources $496m Total Uses $496m Sources Uses * At current GBP/AUD exchange rates of 1.92 DEBT FUNDING OVERVIEW IMG to refinance its balance sheet to give significant flexibility 10 • The company has entered into a binding funding agreement with Ares Capital Corporation for a A$448m 4-year secured funding facility (split between AUD $150m and GBP £155m). • The facility has a Total Net leverage covenant of 4.85x (versus 3.4x pro forma) and begins to step down after 12 months. The debt margin of +6% results in a funding cost of ~10.2% pa. • With existing cash in the bank ($38m), this facility provides strong headroom to settle the acquisition and fund the transaction costs of the acquisition. ABOUT: ADT RESIDENTIAL UK 11 ADT UK is a leading provider of Security and Home Automation solutions focused on Residential Customers GBP £87m EBITDA MARGIN RECURRING REVENUE • One of the UK's most established residential security providers, with a heritage dating back to 1874. • Serves more than ~160,000 residential customers with stable recurring revenue. • Recognised for professionally monitored home security systems, smart home solutions, and 24/7 monitoring and customer support. 49% 93% Footprint: • 2 branches • ~ 400+ employees REVENUE LTM JULY 25 HIGHLY SKILLED LEADERSHIP TEAM 12 Jake Beecroft General Manager ~15 Years Company Experience • Global Sales Director / 2yrs • Head of Commercial UK / 3yrs • Sales Manager SME / 1yr • Sales Manager Residential / 3yrs • Operations Field Manager / 5yrs Ryan Stentiford Finance Lead ~25 Years Company Experience • Senior Finance Manager / 8yrs • Finance Manager / 5yrs • Finance Analyst / 3yrs • Accountant / 5yrs Jon Markendale Operational Lead ~20 Years Company Experience • Service Operations Manager / 2yrs • Head of Transformation / 1yr • Lean Six Sigma Black Belt / 7yrs • Operations Manager / 2yrs • ROC Manager / 8yrs ADT UK – ESTABLISHED MARKET LEADER ADT has operated in the UK for over four decades, maintaining a leading position with an expected CAGR of 6-8% 13 Manchester London Key Stats ~ 29 Million Total Residential Dwellings in the UK 6-7% Market Penetration Rate ’23 – ’29 Residential Sector CAGR: 6 – 8% 8% 8% 8% Growth Drivers Increased security concerns Greater demand for comprehensive, smart residential security solutions UK government pledged to build 1.5mm homes by 2029 UK MARKET OVERVIEW The UK residential monitored security sector is expected to grow above UK GDP across the upcoming years 14 Key Players Key Dynamics Current Penetration Rate: ~6-7% Residential Growth CAGR (‘23E – “29E): 6-8% Total Serviceable Addressable Market Over Time ($b) IMG OVERVIEW POST AMSTERDAM 15 IMG: GROUP TODAY 16 Go-to-market brand structure positions the company as a market leader in a fragmented industry. Direct Security Business (with Subsidiaries) • Australia • New Zealand • United Kingdom Partnered Security Business • Australia Direct Fire Business • New Zealand Wholesale Security Monitoring Business • Australia IMG: SIGNIFICANT DIRECT TECHNICAL COVERAGE A deep bench of licensed technical experts enabling strong execution across the Australasian market 17 IMG Offices IMG Response Centres ADT UK 71% OF PRO FORMA REVENUE UNDERPINNED BY MONITORING AND SERVICE REVENUES 18 New customers typically convert into long-term, recurring revenue relationships through ongoing monitoring, service contracts, and system upgrades. Customer Lifetime: • Residential & Small to Medium Business – 7yrs • Commercial & Enterprise – 15 yrs A typical customer revenue cycle Proforma Revenue Contribution Installation & retrofit 29% Services & Maintenance 18% Monitoring 53% PRO FORMA PROFIT & LOSS OVERVIEW 19 *Depreciation excluding acquisition depreciation and amortisation. **At $0.84 NZD:AUD ***At $1.92 GBP:AUD ****At $0.54 ps share price Significant EPS Accretion • IMG forecasts*** an EPS (pre-amortisation) of 0.09ps, +40% accretive • Assumes full tax payment Increase in recurring revenue work • Monitoring and service work represent ~73% of revenue or $25.6m per month***. IMG FY26F Waka ** ADT UK *** Proforma Recurring Services $m 99.7 56.3 150.7 306.6 Installations $m 93.6 18.8 8.1 126.4 EBITDA $m 43 9.6 77.5 130 Depreciation Expense* $m 5.5 25 EBIT $m 37.5 105 Interest Expense $m 10.8 42 Tax $m 6.8 19 NPAT $m 19.9 44 EPS $m 0.052 0.09 PE**** $m 10.4 6.0 PRO FORMA BALANCE SHEET OVERVIEW 20 Acquisition funded via Debt and Cash flow • IMG has entered binding commitments with ARES to provide acquisition financing and refinance existing NAB facilities • Gross debt increases to $446m • Pro forma Net Debt of approximately $400m • Pro forma Net Debt to EBITDA of ~3.1x * At December 2025 ** Estimate, subject to audit review and transaction closing position IMG* Pro forma** Current Assets $m 78.0 156.9 Non-Current Assets $m 38.5 190.7 Investments $m 90.7 338.7 TOTAL ASSETS $m 207.1 686.3 Current Liabilities $m 52.0 87.8 Bank Loans $m 85.5 446 Non-Current Liabilities $m 19.9 69.5 TOTAL LIABILITIES $m 157.4 603.3 NET ASSETS $m 49.7 83.0 CONCLUSION 21 Business generates strong underlying operating cashflows Business has transformed in the past 4 years. Today: • ~350,000 security and fire sites monitored • 1,500 employees • Proforma EBITDA of A$130m • Proforma EPS of ~9cps** • Strong multi-year funding in place, with access to further growth capital as required Financial Summary 1H23 (annualised) FY24 FY25 Proforma* Share price $m 0.127 0.43 0.585 0.54 Cash $m 2.7 26.0 24.1 35 Gross Debt $m 31.6 80.0 85.0 435 Net Debt $m 28.9 54.5 60.9 400 Shares Outstanding M 131 330 388 ~500** Market Value $m 17 142 227 270 Economic Value $m 46 197 288 670 EBITDA $m 5.3 34.8 38.6 130 EV:EBITDA 8.6 5.6 7.5 5.2 ND:EBITDA 5.5 1.6 1.6 3.1 * Proforma = the expected result following a full year of the Waka and ADT UK acquisitions ** Approximately, post vendor share issue at current GBP/AUD exchange rate of 1.92 G E T I N T O U C H Dennison Hambling Managing Director • dhambling@theimg.com.au • +61 418 173 232 Shenin Singh Head of Business Intelligence • ssingh@theimg.com.au • +61 437 953 017