Investor Presentaiton

Reg. G Adjusted EBITDA - Continuing Operations (1)(2) EBITDA and Adjusted EBITDA Reconciliation 2017 % margin 2018 % margin Revenue $6,607.0 $6,909.0 % margin 2020E % margin 2019 $7,183.2 $8,000.0 Income (loss) from continuing operations before non- controlling interests Interest expense, net $ 348.9 5.3% $ 259.2 3.8% $ 394.1 5.5% $ 397 5.0% 61.0 0.9% 82.6 1.2% 77.0 1.1% 75 0.9% Provision for income taxes Depreciation and amortization EBITDA - Continuing Operations 22.9 0.3% 106.1 1.5% 116.8 1.6% 126 1.6% $ 620.9 188.0 2.8% 9.4% 212.9 3.1% 235.5 3.3% 281 3.5% Non-cash stock-based compensation expense 15.7 0.2% $ 660.8 13.5 0.2% 9.6% 823.4 11.5% 880 11.0% 16.4 0.2% 20 0.3% Goodwill and intangible asset impairment 47.7 0.7% 3.3 0.0% Acquisition integration & restructuring costs 0.6 0.0% Project results from non-controlled joint venture 7.9 0.1% (1.0) 0.0% Charges from multiemployer pension plans Adjusted EBITDA - Continuing Operations $ 645.6 0.7 0.0% 9.8% $ 721.0 10.4% 843.2 11.7% 900 11.3% (1) Differences due to rounding, $ in millions (2) Additional non-GAAP reconciliations are included in Company's SEC filings and press releases (3) Guidance as of February 27, 2020 Notes: 34 =4

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