Sister Company Value Proposition

WHY DOES APi NSG EXIST?

Our History APi National Service Group (NSG) was created in 2006 by employees at Western States Fire Protection. With the realization that many of their customers were moving to national account programs, employees of WSFP – Los Angeles had the idea that, in order to keep those customers, they could dispatch anything outside their service area to another APi Group company. Therefore, APi NSG was born. The main reason APi NSG exists is to provide profitable work to APi sister companies. Our work consists of customers who have a regional or national portfolio of properties that span beyond the reach of any single APi company. Our customers want one point of contact for their national life safety program, which NSG provides. Our margins are conservative; they are enough to only cover our operating expenses, as NSG is set up as a “break even” company (not profit). This allows maximum profitability to you, the APi life safety companies.

Our Future We will grow through the addition of profitable revenue to our family of companies. By 2023, we are seeking to achieve $80MM in revenue and over $9MM in EBITA for the APi family. APi NSG continues to grow as a company and we have exciting years ahead. Our business is dependent on a self-performance model, which means APi companies perform the work. It provides a competitive advantage, as well as a financial benefit to APi companies and employees. Our team created this document to share our goals as well as some facts and figures behind our finances, model, margins, and how truly being a partner with us benefits everyone.

NSG Growth & APi Impact

NSG Growth and APi Impact Goals

$0.00 $20,000,000.00 $40,000,000.00 $60,000,000.00 $80,000,000.00 $100,000,000.00

13.00% 14.00% 15.00% 16.00% 17.00%

2018 2019 2020 2021 2022 2023

NSG Revenue Sister company revenue from NSG work EBITA Dollars EBITA % APi NSG Rev nue ($) r APi EBITA dollars ($) APi EBITA (%)

fr APi NSG work ($)

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