Investor Presentation Second Quarter 2021
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RRD STRATEGIC PRIORITIES AND RECENT ACCOMPLISHMENTS
Strengthen Core
Drive Revenue
Improve
Financial Flexibility
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Sold low margin Logistics businesses
Reorganized functions across all segments, consolidated facilities, and rationalized assets
Accelerated cost reduction initiatives; Q2 adjusted SG&A as % of Sales improved 80 bps from
prior year
Captured new sales opportunities as a result of the pandemic
Leveraged extensive capabilities to expand client relationships
Targeted investments in high growth product categories
Implemented innovative solutions to solve evolving client needs
Reduced total debt by $494 million from prior year second quarter; total reduction from 2016 at
$846 million
Offerings of $450 million aggregate principal amount of senior secured notes due 2026 closed
early in the second quarter
Completed amendment of our ABL credit facility, now maturing in April 2026, providing up to
$650 million of available credit, subject to borrowing base limitations
Firmly on our strategic path to advance RRD as a leading provider of marketing and business communications
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