Rentokil Initial Investor Day Presentation Deck

Hygiene & Wellbeing M&A Summary Similar characteristics to pest: • Opportunity for growth through bolt-on acquisitions Following the same disciplined M&A process ● The economics are better: Value creation areas are the same Prices and competition is lower ● ● Track Record & ambition: We have spent less and done less than in pest We are paying increasing attention to the category and the pipeline is building well We are targeting £25m+ revenues p.a. over the next 5 years Open to the potential for larger transactions if available. ● ● Rentokil Initial 125

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