IMG UK Acquisition

• Acquisition of ADT UK Residential for GBP £180 million
• Adds $12.5m per month in recurring revenue
• Expected to increase pro forma annualised EBITDA by 300%
• Acquisition to be funded through debt and vendor equity placement

Intelligent Monitoring Group Limited (ASX: IMB) has entered into a binding agreement to acquire ADT's residential security business in the United Kingdom (ADT UK Residential) for GBP £180 million. The acquisition, which is expected to be completed in the first half of 2027, will add $12.5 million per month in recurring revenue from over 160,000 direct customers. The acquisition is anticipated to increase IMG's pro forma annualised EBITDA by approximately 300% to A$130 million. The transaction will be funded through a combination of a new debt facility and a vendor equity placement, with no additional external equity capital required beyond the consideration shares. IMG expects the acquisition to be materially earnings accretive, increasing pro forma EPS to 9.0 cents per share at the current GBP/AUD exchange rate.

Pro forma annualised EBITDA expected to increase by ~300% to A$130m (FY26 guidance of A$43-47 million)

The acquisition is expected to significantly increase IMG's recurring revenue base and provide a platform for future growth initiatives.