Vertiv Holdings, Llc · NYSE:VRT
Vertiv — Investor Day (May 2026)
56 slides from Vertiv's investor day presentation, May 19, 2026
Slide 1: Investor Conference, May 19-20, 2026, Greenville
May 19-20, 2026 Greenville, South Carolina USA
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements These presentations, 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 financia
Slide 3: 2026 Vertiv Investor Event Agenda – Tuesday, May 19th
2026 Vertiv Investor Event Agenda – Tuesday, May 19th TOPIC SPEAKER 2:30 PM VERTIV IS SHAPING THE INDUSTRY GIORDANO ALBERTAZZI 3:50 PM BREAK 4:00 PM FINANCIAL STRENGTH & VALUE CREATION CRAIG CHAMBERLIN 4:30 PM Q&A 5:00 PM CLOSING REMARKS GIORDANO ALBERTAZZI 5:30 PM RECEPTION © 2026 Vertiv. All Right
Slide 4: 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. 4
Slide 5: Orchestrating converged infrastructure for the AI era
Orchestrating converged infrastructure for the AI era Watch video © 2026 Vertiv. All Rights Reserved. 5
Slide 6: Vertiv is Shaping the Industry
Vertiv is Shaping the Industry Giordano Albertazzi CHIEF EXECUTIVE OFFICER © 2026 Vertiv. All Rights Reserved. 6 6
Slide 7: From 2024 to Today to the Future
From 2024 to Today to the Future We Are Shaping the We Are Delivering With We Are Accelerating Industry Consistency Further Thought leader in data center Overdelivering on 2024 Investor Fully leveraging the end-to-end and AI infrastructure Conference Projections portfolio Most Complete Portfolio for
Slide 8: Significant shareholder value creation
Significant shareholder value creation From End of 2022 to May 11, 2026 Total Shareholder Return Market Value Creation ~2,600% ~$136B VRT: 2,600% Industrial Peers: 174% S&P 500: 102% 2022 2023 2024 2025 2026 © 2026 Vertiv. All Rights Reserved. 8
Slide 9: Our five Strategic Priorities continue to drive value creation
Our five Strategic Priorities continue to drive value creation VERTIV STRATEGIC PRIORITIES HIGH- CUSTOMER FINANCIAL INNOVATION OPERATIONAL PERFORMANCE FOCUS STRENGTH EXCELLENCE CULTURE FOSTER A CUSTOMER-FIRST MINDSET - OWN IT - ACT WITH URGENCY - THINK BIG AND EXECUTE - LEAD BY EXAMPLE DRIVE CONTINU
Slide 10: Vertiv at-a-glance
Vertiv at-a-glance 62% 35% 30% 85% 20% 8% ~$13.75B 60+ 2026F net sales3 years in the industry 7% 18% 20% 10% 5% ~37,000 130+ employees globally countries served Geography1 Portfolio1 Market Segment1,2 Americas Power Management Data Centers ~5,300 32 factories, global APAC Thermal Management Communic
Slide 11: Confidence in delivering on our previous financial projections and more!
Confidence in delivering on our previous financial projections and more! 2024 Investor Conference On Track to Projections Deliver or Exceed ABOVE MARKET ORGANIC 12% – 14% REVENUE GROWTH (2024-2029F CAGR) ADJUSTED OPERATING MARGIN ~25% (2029F) ADJUSTED FREE CASH FLOW ~95 – 100% CONVERSION1 (2029F) PR
Slide 12: Multi-year executional strength and momentum
Multi-year executional strength and momentum $Millions, 2026 data represents midpoint of guidance Adjusted EPS Top Line Growth Margin Expansion Cash Generation ~12x ~24% ~1,560 bps ~$2,460M adj. eps acceleration organic sales CAGR adj. op. margin expansion adj. free cash flow1 growth $13,750 86% 32%
Slide 13: Executive leadership team
Executive leadership team New to role since Investor Event Nov-2024 Regions Combining strategic foresight with proven execution strength Anand Sanghi Paul Ryan Wei Shen Subhasis Majumder Paul Churchill Giordano Albertazzi President, President, President, VP/General Manager VP/General Manager Chief E
Slide 14: Proven and future-ready Vertiv value creation framework
Proven and future-ready Vertiv value creation framework for leadership in the critical digital infrastructure industry REVENUE GROWTH Leading innovator with the Long-standing customer Enduring leadership most complete portfolio and relationships and in strong and unique competitive key industry play
Slide 15: Our unique competitive advantages continue to strengthen
Our unique competitive advantages continue to strengthen 01 Deep Application Expertise & Customer Collaboration Driving future-ready infrastructure • Developing the technologies that enable the data centers and AI factories of tomorrow • Strong partnership with Industry Leaders on technology roadmap
Slide 16: Acceleration projected to continue long-term
Acceleration projected to continue long-term $Billions, 2026 data represents midpoint of guidance Top Line Growth Margin Expansion Cash Generation • Above-market growth • Operational leverage • Improved profitability • Sustained Data Center leadership • Services growth acceleration • Disciplined str
Slide 17: Shaping the industry and creating enduring value expansion
Shaping the industry and creating enduring value expansion for our industry, our customers, and our shareholders + Service Industry + Product + Systems + Infrastructure Growth Tailwind Leadership Excellence Shaping Leveraging our unique portfolio strength to add layers of value and outgrow the marke
Slide 18: Secular data center trends and signals continuing to create attractive markets
Secular data center trends and signals continuing to create attractive markets Key Data Center Market Signals, 2025-2030 Compute Growth Training ~11% Inference ~38% Traditional ~10% Growth CAGR1 Growth CAGR 1 Growth CAGR2 Data Center Infrastructure ~18% Capex Growth Global Total Physical Infrastruct
Slide 19: Served markets are accelerating and Vertiv is expanding share and reach
Served markets are accelerating and Vertiv is expanding share and reach Share gain in our ~$62B legacy served market 1 Expanded to ~$75B with a projected 3 ~16-18% CAGR 2 Segment 2025 Market1 2025-30 CAGR2 2025 Market1 2025-30 CAGR2 Cloud & ~$29.5B ~23-25% ~$13B increase in our TAM via organic Coloc
Slide 20: Five intensifying forces drive data center architecture and design
Five intensifying forces drive 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 workloads
Slide 21: Shaping the AI Factory's unit of performance
Shaping the AI Factory’s unit of performance Making every available MW work harder for AI Customer Economics Key Levers Relevant Technologies • Higher-voltage power architectures • Tokens per Second • Medium-voltage power and grid interaction Maximize Tokens per • Tokens per Watt • High-capacity pow
Slide 22: Leading innovator driving technology multiple compute generations ahead
Leading innovator driving technology multiple compute generations ahead Innovation flywheel positions Vertiv as uniquely qualified and capable to deliver the complexities of AI Infrastructure at scale and across the spectrum of deployment approaches © 2026 Vertiv. All Rights Reserved. 22
Slide 23: Innovating and providing infrastructure across the spectrum of customer buying approaches
Innovating and providing infrastructure across the spectrum of customer buying and deployment approaches SERVICES, e.g., Field Service, Vertiv NextPredict TM CONVERGED INFRASTRUCTURE e.g., Vertiv SmartRun, Vertiv OneCore TM TM Vertiv expertise flows through the offerings END-TO-END SYSTEMS, SOFTWARE
Slide 24: Innovation and converged infrastructure enables customers to scale
Innovation and converged infrastructure enables customers to scale Featuring Asher Genoot, Hut 8 Watch video “By being able to have a VertivTM OneCore design, it allows us to take a lot of the risk off of the site and into a controlled environment in the factory” – Asher Genoot © 2026 Vertiv. All Ri
Slide 25: Converged infrastructure for faster, more predictable deployment
Converged infrastructure for faster, more predictable deployment Market Drivers Vertiv’s Answer: Converged Infrastructure Deployment Approach Density and complexity on the rise across the Vertiv OneCore TM physical infrastructure stack Faster time to token with up to 50%1 shorter deployment time Fas
Slide 26: From field to factory: Expanding Vertiv's data center value
From field to factory: Expanding Vertiv’s data center value Traditional Stick-Built Converged Infrastructure Cooling & Electrical Equipment Vertiv Converged Infrastructure Building Shell & Fit-Out Field to Factory Other Equipment & Services Building Shell & Fit-Out Site Expense & Overhead Other Equi
Slide 27: Vertiv Services Provide Unmatched Critical Digital Infrastructure Support
Vertiv Services Provide Unmatched Critical Digital Infrastructure Support Watch video Uniquely Qualified and Capable to Navigate the Complexities of AI Infrastructure at Scale © 2026 Vertiv. All Rights Reserved. 27
Slide 28: Vertiv Services – the essential industry enablement asset
Vertiv Services – the essential industry enablement asset Consulting Implementation Upfront engagement to guide customer design, Start up and commissioning. Scale deployments optimize planning, and reduce risk with safety, speed, and quality • Infrastructure and fluid management flow • Built-in comp
Slide 29: Services enable the end-to-end life of the Thermal Chain
Services enable the end-to-end life of the Thermal Chain Vertiv end-to-end Thermal Chain from Chip to Heat Reuse Server / Rack Row / Room Facility / Outdoor Data center Server chip Heat collection Heat collection Heat rejection & reuse facility Controls, monitoring, protection, and service Consultin
Slide 30: Vertiv Services – resilient and reliable annuity stream
Vertiv Services – resilient and reliable annuity stream Recurring Enabler Global scale, local presence ~5,300 • Fueled by technology leadership field service engineers • Aligned to solving complexities in the white and gray space • New technologies conducive to high service content and penetration •
Slide 31: Vertiv data center infrastructure opportunity continues to grow
Vertiv data center infrastructure opportunity continues to grow ~$3.25M - $3.75M per MW Vertiv Data Center Weighted Mix Opportunity1 Data center $/MW up ~10-15% vs. prior range Across the evolving mix of market verticals, compute architectures, and build/deployment approaches Source: 1 Management es
Slide 32: Enduring relationships and deep collaboration to shape the industry
Enduring relationships and deep collaboration to shape the industry Customer Collaboration Development enabling scale and time to first token Orchestration of products and systems for optimal efficiency and interoperability Advanced Technology Partnerships Aligning end-to-end technical, operations,
Slide 33: Shaping the future of infrastructure and services
Shaping the future of infrastructure and services Featuring Chris Crosby, Compass Data Centers Watch video “The type of scale that Vertiv can bring to the table, coupled with the speed and the quality – that is what we are looking for and that is what Vertiv brings to us a partner” – Chris Crosby ©
Slide 34: Addressing demand with disciplined capacity increases and operational excellence
Addressing demand with disciplined capacity increases and operational excellence Executing efficient capex investments in additional footprint, further optimizing factory layout, automation, and test equipment Vertiv Operating System (VOS) adoption driving excellence through best practice disseminat
Slide 35: Executing at scale through capacity and operating efficiency
Executing at scale through capacity and operating efficiency Operational and service expansion delivered capacity, resiliency, and productivity Note: Capacity expansion and operating efficiency actions from late 2024 through early 2026. Management Estimates, % changes for the respective plant or pro
Slide 36: Executing to deliver on 2030 projections
Executing to deliver on 2030 projections Margin expansion levers Strong free cash flow provides 2026 data represents midpoint of guidance range flexibility with capital deployment 115% 103% ~95 - 100% ~27%+ ~90% 23.3% 20.4% 19.4% 2024 2025 2026F 2030F 2024 2025 2026F 2030F Adj. Operating Margin Adj.
Slide 37: Vertiv M&A strategy and execution as a growth accelerator
Vertiv M&A strategy and execution as a growth accelerator Our approach Entering the right technologies at Applying business scaling the right time to accelerate portfolio expertise across geographies, go-to- breath and roadmap strength markets, products and services POWER: IT SYSTEMS: SERVICES: Purg
Slide 38: Vertiv M&A approach continues to be fueled by capital agility
Vertiv M&A approach continues to be fueled by capital agility Robust acquisition and Strong pipeline leveraging established selection criteria integration playbook Strategic Financial • Active advanced technology and • Differentiated technology • Above-market growth rate business leadership engageme
Slide 39: Confidence in delivering our long-term financial projections
Confidence in delivering our long-term financial projections Prior Investor On Track to New 2030 Horizon Conference Projections Deliver or Exceed Projections ABOVE MARKET ORGANIC 12% – 14% ~20-22% REVENUE GROWTH (2024-2029F CAGR) (2025-2030F CAGR) ADJUSTED OPERATING MARGIN ~25% ~27%+ (2029F) (2030F)
Slide 40: Vertiv Investor Conference 2026
0 VERTIV. Investor Conference 2026
Slide 41: Financial Strength and Value Creation
Financial Strength and Value Creation Craig Chamberlin CHIEF FINANCIAL OFFICER © 2026 Vertiv. All Rights Reserved. 41
Slide 42: Strong results with upside opportunity for value creation
Strong results with upside opportunity for value creation STRONG EXECUTION DRIVES Proven track record of strong execution with continuous FINANCIAL PERFORMANCE operational improvement – and meaningful upside still ahead ABOVE MARKET VRT organic growth rate projected to be 20-22%, significantly ORGAN
Slide 43: Financial strategic priorities
Financial strategic priorities Strengthen Execution Grow Services Generate Cash Fixed-Cost Leverage: Scaling Installed Base: Growing installed Improved Profitability: Earnings volume across infrastructure base creates a durable foundation growth translating into cash flow delivers further margin exp
Slide 44: Organic sales growth expected to exceed market rate
Organic sales growth expected to exceed market rate $Billions Projected Organic Sales Growth Rate 2025 to 2030 Organic Sales Growth • Organic growth (CAGR) of 20-22% expected to ~$26B outgrow market projections 20-22% • Long-term organic growth fueled by market CAGR expansion and technology leadersh
Slide 45: Path to ~27%+ adjusted operating margin in 2030
Path to ~27%+ adjusted operating margin in 2030 Operational Leverage • Maintaining strong leverage on volume growth, while Adjusted Operating Margin continuing incremental fixed cost investment in commercial, technology, services, productivity and ~27%+ capacity +0.5% +1.5% +2.0% Productivity • Focu
Slide 46: Operational excellence driving margin expansion
Operational excellence driving margin expansion Manufacturing Labor Productivity Target Material Cost Productivity Target 2030 PROJECTED SPEND 2030 PROJECTED SPEND Actions Actions ~$2.5B ~$10B 1 1 • Volume Buy Leverage • Lean Manufacturing • Make vs. Buy • Robotics / Automation • Should Cost Analysi
Slide 47: Strong cash generation with upside opportunity
Strong cash generation with upside opportunity Adjusted Free Cash Flow Conversion Trade Working Capital (TWC) • Operations – Improved inventory turns through enhanced demand and production planning. Leverage scale and partnerships to drive cash generation through 115% supplier agreements 103% • Comm
Slide 48: Targeting net leverage ratio of ~1.0x to 2.0x over the next five years
Targeting net leverage ratio of ~1.0x to 2.0x over the next five years Net Leverage Ratio Current Debt Structure • Relatively simple, flat and patient debt structure 1.9x • $2.95B of fixed rate debt that extends through 2066 • $2.5B undrawn revolving credit facility matures 2031 ~1.0x – 2.0x 1.0x Ta
Slide 49: Strong free cash flow drives flexible capital deployment
Strong free cash flow drives flexible capital deployment $Billions Returns to Shareholder ~$28 ~$28 • Continue to pay quarterly dividends - evaluate throughout Dividends period potential increases in yield Projected ~$4.0 & Share Additional Repurchases • Ongoing evaluation of share repurchases - cur
Slide 50: Significant opportunity for continued value creation
Significant opportunity for continued value creation 5-Year CAGR ABOVE MARKET Expect organic sales growth above 5-year market ORGANIC GROWTH rate of 16% - 18%1. Market share growth of ~15%. 20% - 22% (12% – 14% at Nov 2024 Investor Day) 2030 Target ADJUSTED OPERATING Multiple levers to further expan
Slide 51: Vertiv Investor Conference 2026
0 VERTIV. Investor Conference 2026
Slide 52: Appendix
APPENDIX © 2026 Vertiv. All Rights Reserved. 52
Slide 53: Non-GAAP financial measures: FY 2022 – FY 2025 results
Non-GAAP financial measures: FY 2022 – FY 2025 results Reconciliation from operating profit (loss) margin to adjusted operating profit (loss) margin ($M) FY22 FY23 FY24 FY25 Net sales $5,691.5 $6,863.2 $8,011.8 $10,229.9 Operating profit 223.4 872.2 1,367.4 1,829.7 Operating margin 3.9% 12.7% 17.1%
Slide 54: Non-GAAP financial measures: full year results
Non-GAAP financial measures: full year results Reconciliation of diluted EPS to adjusted diluted EPS and operating profit (loss) to adjusted operating profit (loss) Operating profit Interest Change in Extinguishment of Income ($M, except EPS | FULL YEAR 2023) (loss) expense, net warrant liability de
Slide 55: Non-GAAP financial measures: full year results
Non-GAAP financial measures: full year results Reconciliation of diluted EPS to adjusted diluted EPS and operating profit (loss) to adjusted operating profit (loss) Operating profit Interest Loss on extinguishment Income tax expense ($M, except EPS | FULL YEAR 2025) (loss) expense, net of debt (bene
Slide 56: Non-GAAP financial measures: FY 2026 guidance
Non-GAAP financial measures: FY 2026 guidance At midpoint of guidance range Reconciliation of diluted EPS to adjusted diluted EPS and operating profit (loss) to adjusted operating profit (loss) Operating profit Interest Loss on extinguishment Income tax expense ($M, except EPS | FULL YEAR 2026) (los