Vivint Smart Home and Mosaic Acquisition Corp. Complete Merger - Seite 2

David Maura concluded: “We are thrilled to complete this transaction with Blackstone and thank them for their partnership. We believe the fact that a proven private equity leader like Blackstone not only remained fully invested in Vivint, but also committed additional equity, underscores the unique value creation opportunity that Vivint represents.”

J.P. Morgan Securities LLC, Evercore and Blackstone Capital Markets served as financial advisors and capital markets advisors to Vivint. Deutsche Bank Securities, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and RBC Capital Markets LLC acted as financial advisors and capital markets advisors to Mosaic.

Simpson Thacher & Bartlett LLP acted as legal counsel to Vivint. Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to Mosaic. Fried, Frank, Harris, Shriver & Jacobson LLP acted as legal counsel to Fortress.

About Vivint Smart Home

Vivint Smart Home is a leading smart home company in North America. Vivint delivers an integrated smart home system with in-home consultation, professional installation and support delivered by its Smart Home Pros, as well as 24/7 customer care and monitoring. Dedicated to redefining the home experience with intelligent products and services, Vivint serves more than 1.5 million customers throughout the United States and Canada. For more information, visit www.vivint.com.

About Mosaic Acquisition Corp.

Mosaic Acquisition Corp. is a special purpose acquisition company formed by Mosaic Sponsor, LLC and Fortress Mosaic Sponsor LLC for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. For more information, visit www.mosaicac.com.

Forward-Looking Statements

This press release includes certain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995, including statements regarding, among other things, the Company’s plans, strategies and prospects, both business and financial These statements are based on the beliefs and assumptions of the Company’s management. Although the Company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, the Company cannot assure you that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning our possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or similar expressions. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements which speak only as of the date hereof. You should understand that the following important factors, in addition to those discussed in “Risk Factors” and elsewhere in APX Group Holdings, Inc.’s most recent Annual Report on Form 10-K/A, for the fiscal year ended December 31, 2018 (the “Form 10-K/A”), APX Group Holdings, Inc.’s Quarterly Report on Form 10-Q (the “Q1 Form 10-Q”) for the fiscal quarter ended March 31, 2019, APX Group Holdings, Inc.’s Quarterly Report on Form 10-Q (the “Q2 Form 10-Q”) for the fiscal quarter ended June 30, 2019 and APX Group Holdings, Inc.’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2019 (together with the Q1 Form 10-Q and Q2 Form 10-Q, the “Form 10-Qs”), could affect our future results and could cause those results or other outcomes to differ materially from those expressed or implied in our forward-looking statements: