LEHI, Utah — Owlet, Inc. (“Owlet” or the “Company”) (NYSE: OWLT), the pioneer of smart infant monitoring, announced the launch of Owlet for Orgs, a new employer benefit program that enables companies to provide new and expecting parents with its trusted infant health technology. Owlet is proud to announce VGM Group, Inc., a 100% employee-owned company providing business and professional services to thousands of business customers across North America, as its inaugural employer partner.

Through Owlet for Orgs, employers can now provide Owlet baby monitors as part of a customized workplace benefits package for new and expecting parents. Employers can select FDA-cleared Dream Sock®, which tracks pulse rate and oxygen levels, or Dream Duo 3, which includes Dream Sock and all-new Dream Sight video monitor. By providing clinically-validated monitoring technology, employers can support staff through one of life’s most significant transitions by helping to promote better peace of mind at home, while contributing to stronger employee loyalty and retention. Owlet partners directly with human resources and benefits teams to tailor the program to each organization and support a smooth rollout.

“Early parenthood is easily one of the most overwhelming seasons of a person’s life, and businesses that can acknowledge and support that are building stronger, more loyal teams,” said Liz Teran, Chief Parent Officer at Owlet. “Owlet for Orgs gives companies a way to show up for their employees when it matters most, with more than just policy on paper. We’re proud to launch this program, and we expect to expand our partners for this program in the months ahead.”

VGM Group is a 100% employee-owned company with a track record of supporting working parents. In 2023, it opened an on-site child care center at its headquarters in Waterloo, Iowa, in response to employee owners’ challenges finding reliable, affordable child care. This focus on supporting working parents and community well-being aligns with Owlet’s mission to support pediatric wellness, and it has earned VGM Group recognition as an Iowa Top Workplace and a Best Place for Working Parents.

“At VGM Group, caring for our employee owners means caring for the people who matter most to them,” said Sara Laures, VGM Group Chief People Officer. “Along with benefits like our on-site child care center and free health clinic, Owlet for Orgs is another way we’re investing in our people during one of life’s most meaningful times. When new parents feel supported and confident in their baby’s well-being, we believe it creates more peace of mind at home and enables them to stay engaged at work.”

The launch of Owlet for Orgs advances the Company’s goal to give families more clarity, confidence, and peace of mind. The program expands access to Owlet’s ecosystem of clinically-validated products, among them the first and only FDA-cleared baby monitor on the market, Dream Sock. The Company also offers an insurance-supported prescription pulse oximeter, BabySat®. Via its advocacy arm, Owlet Cares, the Company works with 40+ nonprofit organizations across the globe to provide products, resources, and safe sleep education to families. Owlet for Orgs is the next natural step, extending that same ecosystem of care beyond the home and into the broader network of professionals and organizations that families trust.

Employers interested in bringing Owlet for Orgs to their workforce can learn more and connect with the Owlet team at www.owletcare.com/pages/employer-benefits.

About Owlet, Inc.

Owlet, Inc. (NYSE: OWLT), a leading pediatric health platform, is the only company in the world to offer U.S. FDA-cleared and internationally medically-certified wearable pediatric monitors, delivering hospital-grade technology directly in the home. Our award-winning pediatric products and innovative software combine clinically tested monitoring systems, an integrated video platform, and a simple, easy-to-use app, providing parents with real-time health insights to stay informed on their child’s well-being, support restful sleep, and provide peace of mind anywhere. Since 2012, more than 2.5 million parents have trusted Owlet to monitor their children’s well-being and sleep. This adoption has fueled one of the largest collections of pediatric health and sleep data in the world, powering innovations that bridge the critical gap between hospital and home. Owlet is driving a new standard in pediatric wellness by pairing advanced medical technology with consumer-friendly design. Our mission is simple yet ambitious: to give every baby and every family the best possible start in life. Learn more at www.owletcare.com and follow us on LinkedIn and Instagram for company news and updates.

About VGM Group

Headquartered in Waterloo, Iowa, VGM is a 100% employee-owned company providing business and professional services to thousands of business customers across North America. Services include group purchasing, commercial insurance, management of healthcare services and networks in post-acute cases, healthcare distribution direct to patient homes, specialty consulting, and online education, as well as digital, print, and traditional marketing and more. VGM employs approximately 1,600 people across 42 states and Canada, with more than 1,100 working in Iowa. VGM has been named the Top Workplace in Iowa, Employer of Choice, and Best Place for Working Parents on multiple occasions and is proud of its role in the communities in which it serves. For more information visit www.vgmgroup.com.