Expands reach to serve small and mid-market multifamily owners and operators

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 launch of its strategic value-added reseller (VAR) program. This initiative marks an expansion of SmartRent's go-to-market model and is designed to address the needs of small and mid-market rental housing owners and operators. SKBM Smart Technology, a long-time SmartRent installation provider, will be the first VAR in the program.

SmartRent has a strong position among the largest multifamily portfolios, with more than 900,000 IoT units deployed on its platform and 1.2 million units supported through maintenance and leasing solutions. Its existing customer base owns or controls more than six million units, providing meaningful runway for continued expansion. While these top-tier operators make up an important portion of the market, the broader U.S. rental housing landscape—comprising more than 40 million units—presents a substantial growth vector for SmartRent. SKBM Smart Technology, along with future VARs, enables SmartRent to extend its reach into the small and mid-market segment. This approach also enables SmartRent to deliver more localized, high-touch engagement that can scale alongside operators as their portfolios grow.

"Under our three-year Vision 2028 program, we are laser-focused on growing our market-leading installed footprint. Expanding our go-to-market team is a major area of focus and an important contributor to our March to One Million IoT units," said SmartRent President and CEO Frank Martell. "In addition to growing our dedicated, in-house sales team, we believe the addition of resellers like SKBM Smart Technology—a partner we have trusted for years on the installation side—will add important momentum to our revenue growth in the small and mid-markets. This area presents an exciting new avenue for expanding our reach, further advancing our vision of bringing smarter living and working to everyone."

SKBM will serve as the first in a planned network of strategic VARs as SmartRent continues to scale. Their established sales team and deep industry relationships provide the specialized expertise required to effectively support these segments.

"We are thrilled to build on our role as an established installation provider by also becoming a value-added reseller for a leading proptech organization like SmartRent," said Bill Myers, Co-Founder and Chief Operating Officer at SKBM Smart Technology. "Our team is already positioned to deliver SmartRent technology to small and mid-market communities and meet the specific needs of those property owners. We look forward to driving adoption across this expansive rental market sector."

For more information on SmartRent, visit SmartRent.com.

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.

About SKBM

Since 2018, SKBM Smart Technology has transformed property technology by implementing more than 635,000 Smart Apartment units and completing more than 2000 site-wide access control and Wi-Fi projects. SKBM's direct approach ensures efficient project timelines, and its solutions deliver an impressive average ROI of 24 months. Through smart tech, the company enhances workforce efficiency, reduces GL insurance costs and elevates the profitability and risk management capabilities of property portfolios. For more information, please visit skbmsmarttech.com.

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Media Contact

Amanda Chavez - Vice President, Corporate Communications

media@smartrent.com

Investor Contact

Kelly Reisdorf - Head of Investor Relations

investors@smartrent.com

SmartRent Launches Value-Added Reseller Program