Global Data Center Expansion and Sustainability Focus slide image

Global Data Center Expansion and Sustainability Focus

Project Summit overview Simplifying Global Structure • Combining Records and Information (RIM) operations under one global leader • Rebalancing resources to sharpen focus on higher growth areas Compelling Adjusted EBITDA Benefits $375M Expected annual run-rate benefits exiting 2021 • $165M delivered in 2020 $150M expected in 2021 $60M expected in 2022 $450M Total estimated charges to implement by end of 2021 $49M in 2019 $194M in 2020 $200M expected in 2021 14 Streamlining Management Structure for the Future • Consolidated the number of layers and reporting levels Creating a more dynamic agile organization that is better positioned to make faster decisions and execute its strategy in key growth areas Enhancing Customer Experience Providing customers with a more integrated experience • Leveraging technology to modernize processes for better alignment between new digital solutions and core business IRON MOUNTAINⓇ
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