americOLD Global Market Leadership and Growth Strategy slide image

americOLD Global Market Leadership and Growth Strategy

Substantially All Warehouse NOI Driven by Rental & Storage Revenue Revenues Rent & Storage + Warehouse Services $0.42 $0.58 = Total Warehouse Commentary REIT: Rent & Storage $1.00 TRS: Warehouse Services Expenses Power Other ($0.06) Facility ($0.08) ($0.06) Power and utilities ($0.08) Costs Labor ($0.44) ($0.44) Other Services Costs - ($0.09) ($0.09) Real Estate Related Costs: facility maintenance, property taxes, insurance, rent, security, sanitation, etc. Direct labor, overtime, contract labor, indirect labor, workers' compensation and benefits MHE (1), warehouse operations and warehouse administration (pallets, shrink wrap, OS&D and D&D (2)) ION juv Margin: $0.28 67% $0.05 $0.33 + 8% = || 33% WAREHOUSE % WH Total: 85% 15% 100% 12 Note: Based on LTM warehouse segment as of March 31, 2020. Future results may vary. Figures may not sum due to rounding Material Handling Equipment (1) (2) OS&D and D&D refer to Over Short & Damaged and Detentioned & Demurrage, respectively americOLD.
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