Alex Haro

About Alex Haro

Alex Haro, age 39, is Life360’s co-founder and a Class I director who has served on the Board since August 2008; he previously served as President (June 2014–January 2020) and Chief Technology Officer (August 2008–December 2020). He studied Computer Science at Pomona College and was recognized by Forbes 30 Under 30 in Consumer Technology (2015). The Board classifies him as not independent under Nasdaq standards because he is a co-founder. His current Class I term continues through the 2026 annual meeting.

Past Roles

External Roles

Board Governance

• Independence: Not independent (co-founder).
• Committee assignments (2024): Not listed as a member of the Audit, Compensation, or Nominating & Corporate Governance Committees.
• Attendance: The Board met 14 times in FY2024; each Board member attended at least 85% of Board and committee meetings held during their service.
• Board leadership/structure: Independent Chair (John Philip Coghlan) with authority to set agendas and preside over executive sessions of independent directors.
• Related-party oversight: The Audit Committee administers the Company’s Related Person Transactions Policy.

Fixed Compensation (Director)

Director fee schedule (program-level, FY2024): Non-employee directors received a $50,000 cash retainer; Board Chair $63,000 (in lieu of member fee). Committee fees (members/chairs) were paid as shown; these retainers were increased in 2024 following a market review.

Performance Compensation (Director)

• No performance metrics are disclosed for non-employee director equity; awards are time-based RSUs.

Other Directorships & Interlocks

Expertise & Qualifications

• Board’s listed skills for Haro: Executive management, governance/risk management, U.S.-listed company experience, and ASX experience (tech and product background from CTO role).

Equity Ownership (Skin-in-the-game)

Policies applicable to directors:

• Insider Trading Policy prohibits short sales, puts/calls, hedging; pledging is prohibited unless approved by the General Counsel (for employees) or Board (for directors).

Insider Trades (Form 4)

Notes on related-party context (Hubble):

• Life360 recognized $0 revenue-share from Hubble in FY2024 and $0.1 million hardware revenue from Hubble in 2024. In Q1 2025, Life360 recognized $0.3 million in “other revenue” from amortization of the fair value of a related-party warrant tied to the Hubble agreement.

Governance Assessment

• Strengths

  • Deep company and product expertise from co-founder/CTO tenure; Board lists governance and U.S./ASX listed-company experience among his skills.
  • Meaningful ownership (1.8% of shares outstanding) aligns incentives with shareholders.
  • Not on Audit/Compensation/Nominating committees; independent Chair structure supports checks/balances.
  • Board-level related-party policy administered by the Audit Committee.

• Watch items / RED FLAGS

  • Not independent under Nasdaq rules (co-founder).
  • Related-party exposure through Hubble partnership (exclusivity/revenue share, $5.0m SAFE, warrant, device sales), with Board noting other directors have immaterial economic interests in Hubble; requires vigilant Audit Committee oversight.
  • Significant share sales reported around June 2024 (at $27 per share) coincident with U.S. IPO timeframe; while sales alone are not determinative, they warrant monitoring for alignment optics. (See Form 4 entries above.)

Overall: Haro brings valuable founder-level and technical perspective and holds a sizable equity stake, but he is not independent and is entwined with the Hubble related-party arrangement. Continued transparent disclosure and rigorous Audit Committee oversight of Hubble transactions, plus limits on Haro’s committee roles (particularly Audit/Compensation), should help address perceived conflicts.

Appendix — Program-Level Director Compensation Reference (FY2024)