Investor Presentation December 2019 slide image

Investor Presentation December 2019

Quarterly Trends By Region Adjusted Net Revenue ($M | FYE 12/31) 1Q17 2Q17 3Q17 4Q17 FY17 1Q18 2Q18 3Q18 4Q18 FY18 3Q19 1Q19 2Q19 3Q19 YTD Americas $495 $483 $442 $488 $1,909 $507 $546 $564 $562 $2,180 $564 $581 $551 $1,696 APAC 302 289 289 362 1,242 278 348 349 372 1,347 281 352 353 986 EMEA 233 236 201 255 925 212 231 213 283 938 249 247 218 714 Eliminations (46) (42) (33) (44) (165) (45) (38) (47) (45) (175) (39) (45) (51) (135) Total $984 $965 $899 $1,062 $3,911 $952 $1,087 $1,078 $1,173 $4,290 $1,055 $1,135 $1,071 $3,261 Adjusted EBITDA ($M | FYE 12/31) 1Q17 2Q17 3Q17 4Q17 FY17 1Q18 2Q18 3Q18 4Q18 FY18 1Q19 2Q19 3Q19 3Q19 YTD Americas $111 $131 $105 $129 $476 $107 $139 $126 $124 $495 $125 $136 $120 $381 APAC 31 38 43 47 159 33 48 50 59 191 35 54 57 145 EMEA 34 34 23 35 125 15 23 23 49 109 32 28 30 91 Eliminations (44) (80) (67) (67) (259) (71) (76) (72) (75) (294) (82) (72) (71) (224) Total $132 $122 $104 $143 $500 $84 $134 $128 $157 $502 $110 $147 $136 $393 Source: Management estimates VERTIV COMMENTARY Adjusted net revenue calculated as GAAP net revenue plus impact of purchase accounting of $32M in 2017, $4M in 2018, and $2M in 2019 Adjusted EBITDA net of adjustments of $242M in 2017 and $267M in 2018, including costs for operational initiatives and Digital project Adjusted net revenue trends by region reflective of normal quarterly variations inherent in business due to timing of larger projects Global Business Unit, IT & Corporate costs include centralized global engineering and IT expenses in addition to Corporate overhead Relatively flat adjusted EBITDA from 2017 to 2018 driven by strategic SG&A investment (~$100mm) and negative impact of material / freight inflation 41
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