Republic Services (RSG) Investor presentation summary

Investment thesis and strategy

• Vertically integrated operations and high-quality assets support profitable growth and resilience in changing economic conditions.

• Focus on customer needs, sustainability, and technology to differentiate offerings and drive efficiencies.

• Consistent earnings and free cash flow growth, with a strong U.S. and Canada footprint across diverse markets.

• Approximately 80% of revenue is annuity-type, providing predictable cash flow.

Market position and business foundation

• Leading market position targeted in all operating regions, with 90% vertical integration in recycling and waste markets.

• Matrix organization with 208 business units and high employee engagement (score of 87).

• Safety performance 23% better than industry average over the past decade.

• Comprehensive product and service offerings, supported by robust learning and development programs.

Differentiating capabilities and customer focus

• Customer-centric culture drives loyalty, with a 94% customer retention rate and high NPS.

• Digital transformation includes AI-enabled tools, dynamic pricing, and algorithm-based routing for efficiency.

• Sustainability initiatives include a 20% reduction in Scope 1 and 2 GHG emissions since 2017 and ambitious 2030 goals.