Rentokil Initial Investor Day Presentation Deck

Focus on North America Prices have risen but returns are ahead of target¹ and WACC 4.0x 3.5x 3.0x 2.5x 2.0x 1.5x 1.0x 0.5x NA pest industry revenue multiples 2017 Rentokil Initial 2018 Source: The Potomac Company, SA (1) NA IRR target 12% 2019 2020 Rentokil NA revenue acquired (£m) and IRRS 14% 99 2017 15% 41 2018 13% 104 2019 13% 141 2020 81

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