Rentokil Initial Investor Day Presentation Deck

Developing M&A Pipeline of Opportunities A broad market - services are market dependent Deal flow supported by an emerging pipeline of c. 80 targets: Actively building the relationships. Sellers paused during COVID-19. Ensures steady and sustainable supply of new deals. Building the pipeline: Locally - senior & branch managers tasked with identifying good targets. No brokers - using experts to help fill the early pipeline instead. Approaches from vendors to country managers, via our websites and social media forums. ● ● ● ● ● Rentokil Initial Initial 124

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