Vertiv Holdings, Llc · NYSE:VRT
Vertiv — Investor Day (May 2026)
43 slides from Vertiv's investor day presentation, May 20, 2026
Slide 1: Shaping the Industry Through Innovation
Shaping the Industry Through Innovation May 20, 2026 Greenville, South Carolina, USA
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements This presentation, and other statements that Vertiv may make in connection therewith, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to Vertiv’s future financial
Slide 3: 2026 Vertiv Investor Event Agenda – Wednesday, May 20th
2026 Vertiv Investor Event Agenda – Wednesday, May 20th TOPIC SPEAKER 8:00 AM SHAPING THE INDUSTRY THROUGH INNOVATION SCOTT ARMUL 8:55 AM Q&A 9:15 AM CLOSING REMARKS GIORDANO ALBERTAZZI 9:20 AM DEPART FOR PLANT TOURS © 2026 Vertiv. All Rights Reserved. 3
Slide 4: Shaping the Industry Through Innovation
Shaping the Industry Through Innovation Scott Armul CHIEF PRODUCT & TECHNOLOGY OFFICER © 2026 Vertiv. All Rights Reserved.
Slide 5: Leading innovator with the most complete critical digital infrastructure portfolio
Leading innovator with the most complete critical digital infrastructure portfolio End-to-end systems and services built for multiple compute generations ahead Power Management Thermal Management IT Systems Infrastructure Solutions Services © 2026 Vertiv. All Rights Reserved. 5
Slide 6: Five intensifying forces are transforming data center architecture and design
Five intensifying forces are transforming data center architecture and design Density Speed Scale Complexity Load profile Compute Deploy capacity High-density pods Increasing system Dynamic, densification in ahead of to gigawatt-scale interfaces synchronous rack and pod technology cycle data centers
Slide 7: Four key levers define the success of an AI factory
Four key levers define the success of an AI factory… Tokens per Second Tokens per Watt Generate more tokens from the same Minimize auxiliary infrastructure power power envelope with better economics consumption across the site AI Factory Unit of Performance Time to First Token Tokens per $ Accelerat
Slide 8: Vertiv capabilities enable optimization across all four metrics
… and Vertiv capabilities enable optimization across all four metrics Tokens per Second Tokens per Watt • Enable latest-generation GPUs • Improve equipment and design efficiency • Scale high-density GPU clusters • Reduce mechanical cooling overhead • Prevent thermal and electrical throttling • Minim
Slide 9: Vertiv portfolio breadth and depth enables infrastructure multiple compute generations ahead
Vertiv portfolio breadth and depth enables infrastructure multiple compute generations ahead Watch video Vertiv delivers end-to-end infrastructure engineered as a unified system across power, cooling, IT, controls, and services © 2026 Vertiv. All Rights Reserved. 9
Slide 10: Converged infrastructure unlocks the next era of AI data center performance
Converged infrastructure unlocks the next era of AI data center performance 1. Evolving the power train System Convergence for AI-scale loads Speed / Performance / Efficiency (compounding performance gains) 2. Transforming the data center into a grid- System-level optimization delivers interactive a
Slide 11: Leading innovator with the most complete critical digital infrastructure portfolio
Leading innovator with the most complete critical digital infrastructure portfolio End-to-end systems and services built for multiple compute generations ahead Power Management Thermal Management IT Systems Infrastructure Solutions Services © 2026 Vertiv. All Rights Reserved. 11
Slide 12: Traditional AC power architecture is evolving to support next-generation AI infrastructure
Traditional AC power architecture is evolving to support next-generation AI infrastructure Sources Loads Traditional AC MV LV Rack AC AC LV AC LV DC in the AC Power Grid Vertiv MV Vertiv LV Vertiv UPS Rack Switchgear Switchgear 50 VDC GPU Vertiv Vertiv Backup Gen. CDU UPS Grid interaction is becomin
Slide 13: Vertiv power smoothing capability is a leading differentiator in early AI deployments
Vertiv power smoothing capability is a leading differentiator in early AI deployments Power-smoothed VertivTM Trinergy UPS Dynamic load profile current draw with EnergyCore Battery The UPS role is expanding Vertiv delivers system-level power control “ You are helping us • Enables highly dynamic AI •
Slide 14: AI infrastructure requires coordinated energy storage across multiple time domains
AI infrastructure requires coordinated energy storage across multiple time domains Level Site & Facility Data Hall Rack & Chip Response Hours to days Seconds to minutes Milliseconds to seconds Time & Load Extended backup and Power smoothing, bridging, Rapid fluctuation management Profile load shifti
Slide 15: Traditional AC power architecture
Traditional AC power architecture Sources Loads Traditional AC MV LV Rack AC AC LV AC LV “DC in the AC Power Grid Vertiv MV Vertiv LV Vertiv UPS Rack” Switchgear Switchgear 50 VDC GPU Backup Gen. © 2026 Vertiv. All Rights Reserved. 15
Slide 16: AI-scale loads are shifting UPS and energy storage to medium voltage
AI-scale loads are shifting UPS and energy storage to medium voltage Sources What changes? Traditional AC MV LV AC AC • UPS capability shifts to medium voltage to support larger building Power Grid Vertiv MV Vertiv LV Vertiv Switchgear Switchgear UPS blocks and fewer conversion steps • MV equipment
Slide 17: Vertiv is redefining AI power infrastructure with MV BESS/UPS
Vertiv is redefining AI power infrastructure with MV BESS/UPS The architectural shift Vertiv MV BESS/UPS • Brings UPS intelligence and control to a medium-voltage, grid-connected asset • Combines UPS, BESS, and MV power infrastructure into a single coordinated system • Buffers rapid AI load fluctuat
Slide 18: Medium-voltage AC UPS shifts AI power infrastructure upstream
Medium-voltage AC UPS shifts AI power infrastructure upstream Sources Loads Traditional AC MV LV Rack AC AC LV AC LV “DC in the AC Power Vertiv MV Vertiv LV Vertiv Rack” Grid Switchgear Switchgear UPS 50 VDC GPU Backup Gen. MV AC MV LV AC AC Power Vertiv MV Grid Switchgear Vertiv MV BESS/UPS Primary
Slide 19: Higher-voltage DC power starts at the rack and scales to the pod
Higher-voltage DC power starts at the rack and scales to the pod Loads Rack LV AC What changes? LV DC in the AC • Next-generation GPUs require rack” higher-density power delivery 50 VDC GPU • 50 VDC conversion moves out of the rack • Power delivery shifts to 800 VDC at the pod level Pod 800VDC • Sid
Slide 20: Vertiv PowerDirect sidecar accelerates the transition to 800 VDC power
Vertiv PowerDirect sidecar accelerates the transition to 800 VDC power TM Current Vertiv 800 VDC sidecar architecture TM Vertiv PowerDirect 5000 TM Up to 900 kW • Frees rack space by moving power conversion outside the GPU rack • Reduces conversion stages and efficiency losses • Enables megawatt-cla
Slide 21: Vertiv supports every stage of AI power architecture evolution
Vertiv supports every stage of AI power architecture evolution Sources Loads Traditional AC MV LV Rack AC AC LV DC in the AC Power Grid Vertiv MV Vertiv LV Vertiv rack Switchgear Switchgear UPS 50 VDC GPU Backup Gen. MV AC Pod MV LV 800 VDC AC AC LV Vertiv DC in the AC 800/50 VDC Power Grid Vertiv M
Slide 22: Vertiv is developing the path to centralized DC power architectures
Vertiv is developing the path to centralized DC power architectures Sources Loads MV DC MV 800V Data Hall 800 VDC Pod AC DC 800 VDC DC in the Power Grid Vertiv MV Vertiv MV DC UPS or SST data hall Switchgear Vertiv Energy Storage GPU Primary Gen. Vertiv BESS Who’s it Large-scale, purpose-built AI fa
Slide 23: Multiple AI power architectures will coexist across customers and applications
Multiple AI power architectures will coexist across customers and applications Sources Loads MV Tradi- AC LV AC Rack DC in the rack tional LV Best for integrating AC AC Power Grid Vertiv MV Vertiv LV Vertiv AI into existing AC Switchgear Switchgear UPS 50 VDC infrastructure Backup Gen. GPU MV LV MV
Slide 24: Leading innovator with the most complete critical digital infrastructure portfolio
Leading innovator with the most complete critical digital infrastructure portfolio End-to-end systems and services built for multiple compute generations ahead Power Management Thermal Management IT Systems Infrastructure Solutions Services © 2026 Vertiv. All Rights Reserved. 24
Slide 25: Complexity and criticality are driving new thermal architectures
Complexity and criticality are driving new thermal architectures CDU Liquid Cooling Secondary Loop Heat Rejection Primary Loop Air Trim cooler Handler Liquid cooling has Higher operating Hybrid air and liquid Thermal architecture Thermal performance become mission-critical temperatures reduce coolin
Slide 26: Liquid cooling performance directly impacts AI throughput and uptime
Liquid cooling performance directly impacts AI throughput and uptime Liquid Cooling Secondary Loop Vertiv System-Level Approach Strict performance Continuous Op. Temperature control 1 Coolant Distribution • Controls temperature, pressure, and flow Unit (CDU) across the liquid cooling loop Flow contr
Slide 27: Higher-temperature cooling reduces infrastructure power overhead
Higher-temperature cooling reduces infrastructure power overhead Higher fluid temperatures improve cooling Heat rejection architecture depends on site efficiency and free more power for compute and workload requirements More free cooling, lower °C compressor energy 45 Server fluid temperature, °C Dr
Slide 28: Thermal optimization depends on workload, operating temperature, and site conditions
Thermal optimization depends on workload, operating temperature, and site conditions Vertiv’s portfolio addresses the Optimal thermal architectures vary by operating conditions Vertiv portfolio enables full spectrum of customer needs deployment-specific optimization 45 Vertiv Dry Cooler Dry Cooler 1
Slide 29: Vertiv CoolLoop Trim Cooler creates a new heat-rejection option for AI cooling
Vertiv CoolLoop Trim Cooler creates a new heat-rejection option for AI cooling TM VertivTM CoolLoop Trim Cooler Key benefits • Combines dry-cooler efficiency with chiller backup • Supports scalable AI deployments above 3 MW • Flexible across current and future GPU generations • Up to 79% lower annua
Slide 30: Optimized air and liquid cooling architectures remain critical for AI deployments
Optimized air and liquid cooling architectures remain critical for AI deployments Dual loop approach: Separate thermal loops Optimized single loop architecture: Simplified optimized for maximum efficiency deployment with shared thermal infrastructure Dry or Trim Cooler Trim Cooler Air-cooled Chiller
Slide 31: Vertiv delivers integrated thermal architectures across the full cooling stack
Vertiv delivers integrated thermal architectures across the full cooling stack Liquid Cooling Heat Rejection Primary Loop Secondary Loop Liquid Cooling Systems Air Cooling Systems Heat Rejection Systems Cold Manifolds 1 Phase 2 Phase Immer- Rack Row Small Perimeter Thermal Dry Coolers & Trim Air Coo
Slide 32: Leading innovator with the most complete critical digital infrastructure portfolio
Leading innovator with the most complete critical digital infrastructure portfolio End-to-end systems and services built for multiple compute generations ahead Power Management Thermal Management IT Systems Infrastructure Solutions Services © 2026 Vertiv. All Rights Reserved. 32
Slide 33: Whitespace infrastructure is shifting from field integration to engineered system platforms
Whitespace infrastructure is shifting from field integration to engineered system platforms From discrete field-integrated components… …to converged systems optimized for speed, density, and performance Whitespace technologies • Power Shelf • Liquid-to-Liquid Heat Exchanger • Rack Branch Power Prote
Slide 34: Vertiv is extending its portfolio deeper into the AI whitespace
Vertiv is extending its portfolio deeper into the AI whitespace AI-Ready Rack Power Rack Power Rack Cooling Integrated Rack Racks Distribution Conversion Solutions Vertiv Rack Extreme 48U Vertiv PowerIT Apex PDU Vertiv PowerDirect Rack Vertiv RDHx Vertiv SmartIT • Broad rack • High-density power • 5
Slide 35: Vertiv SmartRun scales across multiple GPU generations and power architectures
Vertiv SmartRun scales across multiple GPU generations and power architectures TM Up to 1.5 MW Up to 4.3 MW Up to 5.2 MW Up to 6.2 MW • Supports up to 115 kW • Supports up to 344 kW • Supports up to 500 kW • Native support for 800 per rack per rack per rack VDC deployments • Dual busway • Expanded p
Slide 36: Vertiv OneCore converged infrastructure & systems design for the entire data center
Vertiv OneCore converged infrastructure & systems design for the entire data center TM Vertiv Data Hall Vertiv Power Modules & Skids Vertiv Service Modules Vertiv Cooling Modules & Skids Vertiv SmartRun IT Whitespace Vertiv Hydro Module Vertiv Heat Rejection Vertiv Auxiliary Modules Tokens per secon
Slide 37: Vertiv Unify – Controls and software across systems to optimize performance
Vertiv Unify – Controls and software across systems to optimize performance Hyperscaler Colocation Neo-Cloud Enterprise Data Center One Core level Power IT Thermal Facilities Monitoring & Control Continuous Optimization Intelligent Secondary The Vertiv value proposition Loop Turn fragmented power, t
Slide 38: Leading innovator with the most complete critical digital infrastructure portfolio
Leading innovator with the most complete critical digital infrastructure portfolio End-to-end systems and services built for multiple compute generations ahead Power Management Thermal Management IT Systems Infrastructure Solutions Services © 2026 Vertiv. All Rights Reserved. 38
Slide 39: Technology shifts are expanding Vertiv's service opportunity
Technology shifts are expanding Vertiv’s service opportunity Expanding service capabilities Power Infrastructure • Global electrical testing and maintenance Services • Support for 800 VDC, MV, and BESS architectures • Power-system consulting and safety services Infrastructure • Expanded project depl
Slide 40: Vertiv's global labs accelerate innovation, validation, and deployment readiness
Vertiv’s global labs accelerate innovation, validation, and deployment readiness AI System Validation Lab • Next-gen GPU & pod validation: Full-stack power and thermal validation for AI-scale infrastructure • System replication: Replicates field-level infrastructure, controls, firmware, and service
Slide 41: Innovation speed and engineering scale are extending Vertiv's technology lead
Innovation speed and engineering scale are extending Vertiv’s technology lead Scaling innovation capacity Accelerating execution and technology leadership $Millions. ER&D Annual Spend NPDI cadence: 120+ new products, services, and ~20% offerings since November 2024 CAGR ~$550 $442 Time-to-market: 15
Slide 42: Uniquely positioned to enable the critical digital world and AI acceleration
Accelerate development and technology strength Lead the industry architecture evolution with technology and innovation Uniquely positioned to Invest in customer development and partner enable the critical digital collaboration world and AI acceleration Enhance and extend the through unmatched speed,
Slide 43: Vertiv Investor Conference 2026
0 VERTIV. Investor Conference 2026