IRM Investor Presentation

STRONG OPERATING PERFORMANCE Revenue ($M) $4,492 $4,147 $5,500 - $5,600 $5,104 Adj. EBITDA¹ ($M) $1,635 $1,476 $1,940- $1,975 $1,827 $888 AFFO1 ($M) AFFO/Share1 $1,150 - $1,175 $1,110 $1,012 $3.91 - $4.00 $3.80 $3.48 $3.07 2020 2021 2022 2023E 2 2020 2021 2022 2023E 2 2020 2021 2022 2023E 2 2020 2021 2022 2023E 2 IRON MOUNTAIN 1 Non-GAAP measure, please see Appendix for reconciliation. 2 Iron Mountain financial guidance for 2023. IRM INVESTOR PRESENTATION 19

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