Response to COVID-19 & Project Summit Key Goals

Project Summit - Transformation Program on Track Expected Financial Benefit Total Estimated - Total Program: Annual Adjusted EBITDA benefits of $375M exiting 2021 2020: Adjusted EBITDA benefit of $150M - $40M benefit realized in Q2; $65M benefit realized YTD Total Program: ~$450M by end of 2021 - 2019: ~$50M Charges to Implement - 2020: $240M ~$39M in Q2; $80M YTD A more dynamic, aligned and agile organization Simplified Global Structure Streamlined Managerial Structure for the Future Enhancing Employee & Customer Experiences 16 IRON MOUNTAIN

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