Response to COVID-19 & Project Summit Key Goals
Business Mix Accelerating Growth
Healthy Revenue Growth Trends
Organic Total Revenue Growth Rolling 3-Yr Avq
Robust Margin Expansion
Total Adjusted EBITDA Margins
1.7%
1.2%
0.8%
0.2%
2014
2015
2.4%
2.3%
10
10
33.7%
33.7%
32.3%
31.0%
30.6%
29.7%
2016
2017
2018
2019
2014
2015
2016
2017
2018
2019
Strong Execution of Growth Strategy
•
Iron Mountain has made significant progress in shifting its revenue mix to faster growing businesses, including
emerging markets, data center, and adjacent business segments
Expanded data center footprint globally via Fortrust, I/O, Credit Suisse, and EvoSwitch acquisitions
Targeting data center business to be 10% of Adjusted EBITDA by the end of 2020
Shift in business mix driving continued improvement in Adjusted EBITDA margins
Investing in new digital solutions and further strengthening customer relationships
Note: 2018 Adjusted EBITDA margins were impacted by adoption of Revenue Recognition standard; normalized for the change, 2018 Total Adjusted EBITDA margin would have been 33.4%,
IRON MOUNTAIN"View entire presentation