SmartRent granted inducement equity awards to new employees Pankaj Bansi and Sangeeth Ponathil under its 2025 Inducement Equity Incentive Plan. Each executive received time-based restricted stock units covering 232,558 shares of the company's Class A common stock. The RSUs vest at 25% annually over four years, contingent on continued employment. The grants were issued as material inducements for the executives to join SmartRent and comply with New York Stock Exchange rules for inducement awards. Founded in 2017, SmartRent provides smart communities and operations solutions to the rental housing industry. The company serves 15 of the top 20 multifamily operators with its purpose-built software and hardware ecosystem.

SmartRent: Derek Lessard Named SmartRent Vice President of Sales. Derek Lessard Named SmartRent Vice President of Sales PHOENIX, Ariz., Jan. 22, 2026 - SmartRent, Inc. (NYSE: SMRT) ("SmartRent" or the "Company"), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced the hiring of Derek Lessard as Vice President of Sales. In his new role, Lessard will guide SmartRent's sales growth initiatives, scale revenue and optimize go-to-market strategies. His expertise in structuring sales operations, implementing data-driven sales methodologies and executing growth objectives will be instrumental in leading the company's efforts to expand its industry footprint. "Derek is a dynamic sales leader with extensive experience in leading technology organizations to revenue growth," said Natalie Cariola, SmartRent Chief Revenue Officer. "He has driven efficiency at every stop in his career path, implementing best practices and strategies to power earnings and investor returns, and we're looking forward to a bright future with Derek's leadership." Lessard previously served as Vice President of Sales at Transifex, where he was brought in as part of a leadership restructure and to implement a new sales process, technology stack and sales methodology. Prior to Transifex, he worked as Head of Sales for Smarking, where he led an expansion of the sales team and redesigned the sales development engine, returning the company to profitability before its acquisition. Lessard also previously served as Vice President of Sales - North America, at Powell Software. "I'm excited to join an industry-leading organization like SmartRent and see where we can go in terms of sales development and revenue growth," Lessard said. "I already envision some strategic steps to amplify sales efficiency and improve delivery for our customers, and I look forward to working with the team in place to attain our goals." Lessard graduated with a Bachelor of Science in Business Administration from Bryant University. About SmartRent Founded in 2017, SmartRent, Inc. (NYSE: SMRT) is a leading provider of smart communities solutions and smart operations solutions to the rental housing industry. SmartRent's end-to-end enterprise ecosystem powers smarter living and working in rental housing by automating operations, protecting assets, reducing energy consumption, enhancing the resident experience and more. The company's differentiators - purpose-built software and hardware, and end-to-end implementation and support - create an exceptional experience, with 15 of the top 20 multifamily operators and millions of users leveraging SMRT solutions daily. For more information, please visit smartrent.com. Media Contact Amanda Chavez - Vice President, Corporate Communications [email protected]

On July 8, 2025, SmartRent Technologies Inc. discovered a data breach involving the personal information of current and former employees.