On April 14, 2024, Resideo Technologies, Inc. (the ?Company?) announced that it had entered into an Agreement and Plan of Merger (the ?Merger Agreement?) with Pop Acquisition Inc., a wholly owned subsidiary of the Company (?Merger Sub?), and Snap One Holdings Corp., (?Snap One?). On June 14, 2024, Merger Sub merged with and into Snap One (the ?Merger?), with Snap One continuing as the surviving corporation (the ?Surviving Corporation?) and a wholly owned subsidiary of the Company. In connection with the closing of the Merger, the Board of Directors of the Company (the ?Board?) increased the size thereof from ten members to twelve members.

To fill the vacancies created by this increase and pursuant to the terms of the Investment Agreement, as amended by the Investment Agreement Amendment, and the Certificate of Designations (which provides that, subject to the terms and conditions thereof, CD&R Channel Holdings, L.P. (the ?CD&R Stockholder?) initially may designate two directors to the Board), the Board, upon the recommendation of its Nominating and Governance Committee, appointed Nathan K. Sleeper and John Stroup, each CD&R partners, as new members of the Board to serve until the 2025 annual meeting of stockholders of the Company. Messrs. Sleeper and Stroup will be entitled to participate in the non-employee director compensation program described in the Company?s proxy statement for its 2024 annual meeting of shareholders filed with the SEC on April 23, 2024, although certain arrangements have been put in place such that such compensation will ultimately be paid to the CD&R Stockholder or the relevant affiliate thereof.