Arlo Technologies, Inc. 10-Q

Item 1A. Risk Factors Our business, reputation, results of operations and financial condition, as well as the price of our stock, can be affected by a number of factors, whether currently known or unknown, including those described in Part I, Item 1A of our Annual Report Form 10-K for the year ended December 31, 2021 under the heading “Risk Factors.” When any one or more of these risks materialize from time to time, our business, reputation, results of operations and financial condition, as well as the price of our stock, can be materially and adversely affected. Below are changes to our risk factors included in our Annual Report From 10-K for the year ended December 31, 2021. Instability in geographies where we have operations and personnel or where we derive amounts of revenue could have a material adverse effect on our business, customers, operations and financial results. Economic, civil, military and political uncertainty exists and may increase in regions where we operate and derive our revenue. Various countries in which we operate are experiencing and may continue to experience military action and civil and political unrest. We have operations in the emerging market economies of Eastern Europe, previously including operations in Belarus, utilizing employees and contractors who perform services relating to new product releases. In late February 2022, Russian military forces launched significant military action against Ukraine. Sustained conflict and disruption in the region is likely. The impact to Belarus, Russia and Ukraine, as well as actions taken by other countries, including new and stricter export controls and sanctions by Canada, the United Kingdom, the European Union, the U.S. and other countries and organizations against officials, individuals, regions, and industries in Russia, Belarus and Ukraine, and each country’s potential response to such sanctions, tensions and military actions, could have a material adverse effect on our product development timelines and increase our research and development expenditure. Material adverse effects from the conflict and enhanced sanctions activity has caused us to transition our operations out of Belarus to other countries. We are actively monitoring the security of our remaining employees and contractors in Eastern Europe and the stability of our infrastructure, including communications and internet availability. To date we have not experienced any material interruptions in our operations there, but if we are unable to effectively replicate the capabilities previously provided by our Belarusian operations in other countries, our ability to timely introduce new products and financial results may be harmed. 45 Item 6. Exhibits Exhibit Index Incorporated by Reference Exhibit Number Exhibit Description Form Date Number Filed Herewith 3.1 Amended and Restated Certificate of Incorporation of Arlo Technologies, Inc. 8-K 8/7/2018 3.1 3.2 Amended and Restated Bylaws of Arlo Technologies, Inc. 8-K 8/7/2018 3.2 4.1 Common Stock Certificate of Arlo Technologies, Inc. S-1/A 7/23/2018 4.1 10.1 * Form of Service and Cash Balance Performance-Based Restricted Stock Unit Agreement for Executive Officers X 10.2 * Form of Service and Stock Market Performance-Based Restricted Stock Unit Agreement for Executive Officers X 10.3 * Performance Stock Unit Award under 2018 Equity Incentive Plan X 31.1 Rule 13a-14(a)/15d-14(a) Certification of Principal Executive Officer X 31.2 Rule 13a-14(a)/15d-14(a) Certification of Principal Financial Officer X 32.1# Section 1350 Certification of Principal Executive Officer X 32.2# Section 1350 Certification of Principal Financial Officer X 101.INS Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. X 101.SCH Inline XBRL Taxonomy Extension Schema Document X 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document X 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document X 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document X 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document X 104 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) X # This certification is deemed to accompany this Quarterly Report on Form 10-Q and will not be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section. This certification will not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the registrant specifically incorporates it by reference. * Indicates management contract or compensatory plan or arrangement. 46 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ARLO TECHNOLOGIES, INC. Registrant /s/ MATTHEW MCRAE Matthew McRae Chief Executive Officer (Principal Executive Officer) /s/ GORDON MATTINGLY Gordon Mattingly Chief Financial Officer (Principal Financial and Accounting Officer) Date: May 11, 2022 47