Republic Services : Investor Presentation - May 2021

Investor Presentation

MAY 2021

Forward Looking Statements

Certain statements and information included herein constitute "forward-looking statements," including statements with respect to our anticipated 2021 financial results, within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Words such as "will," "expect," "anticipate," "estimate," "guidance" and similar words and phrases are used in this presentation to identify the forward-looking statements. These forward-looking statements, although based on assumptions that we consider reasonable, are subject to risks and uncertainties that could cause actual results, events or conditions to differ materially from those expressed or implied by the forward-looking statements. Although we believe that the expectations reflected in the forward- looking statements are reasonable, we can give no assurance that the expectations will prove to be correct. Other factors which could materially affect our forward-looking statements can be found in our periodic reports filed with the Securities and Exchange Commission. Stockholders, potential investors and other readers are urged to consider these factors carefully in evaluating our forward- looking statements and are cautioned not to place undue reliance on forward-looking statements. The forward-looking statements made herein are only made as of the date of this presentation, and except as required by law, we undertake no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

2 | Investor Presentation

• National vertically integrated operations and high-quality asset base

Investment Thesis

• Focused on customer needs and sustainability to drive profitable growth
• Advancing use of technology
  to differentiate service offerings and drive operational efficiencies
• Resilient business that benefits in a strengthening economy
• Consistent earnings and free cash flow growth

3 | Investor Presentation

Overview

MARKET

	Continued opportunity
Provide essential services in an $87+ billion	for consolidation to drive
growth and build scale
environmental services industry

REPUBLIC SERVICES

Strong and predictable free cash flow

	National footprint with
	diversified exposure to
Approximately 80% of revenue	franchise, large urban and
small to mid-sized markets
80% has an annuity-type profile

4 | Investor Presentation

Business Foundation

Market Position	Operating Model	Talent
#1 or #2 leading market	Standardized processes to	Attracting and retaining
position in 95% of the	deliver operational	the best talent
markets we operate	excellence
		High employee engagement
Vertically integrated in 90%	Matrix Organization; 170	score of 85%
of the markets we operate	Business Units with
	individual P&Ls	Culture of inclusion and
68% internalization rate		diversity; 47% ethnically
	Safety performance	diverse
Nearly $2B invested in	~40% better than
industry average
acquisitions over last 5 years		Robust learning and
		development programs

5 | Investor Presentation