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Vertiv — Download May 20, 2026 Presentation (company IR deck)
Vertiv (VRT) · 43 slides · Filed May 20, 2026
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Slide 1 — Shaping the Industry Through Innovation
May 20, 2026 Greenville, South Carolina, USA Shaping the Industry Through Innovation
Slide 2 — Cautionary Statement Regarding Forward-Looking Statements
© 2026 Vertiv. All Rights Reserved. Cautionary Statement Regarding Forward-Looking Statements 2 This presentation, 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 financial or business performance, strategies or expectations, and as such are not historical facts. This includes, without limitation, statements regarding Vertiv’s financial position, capital structure, indebtedness, business strategy and plans and objectives of Vertiv management for future operations, as well as statements regarding growth, anticipated demand for our products and services and our business prospects during 2026, as well as expected impacts from our pricing actions, statements regarding our guidance for second quarter, full year 2026 and future periods and statements regarding tariffs, global trade and any actions we may take in response thereto. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Vertiv cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this presentation, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond Vertiv’s control) or other assumptions, which may change over time, and that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Vertiv has previously disclosed risk factors in its Securities and Exchange Commission (“SEC”) reports, including those set forth in the its Form 10-K for the year ended December 31, 2025 filed on February 13, 2026 and Form 10-Q filed on April 22, 2026. These risk factors and those identified elsewhere in this presentation, among others, could cause actual results to differ materially from historical performance and include, but are not limited to: risks relating to a continued growth of our customers’ markets; long sales cycles for certain Vertiv products and solutions offerings, as well as unpredictable placing or cancelling of customer orders; failure to realize sales expected from our backlog of orders and contracts; disruption of or consolidation in our customers’ markets, or categorical shifts in customer technology spending; less leverage with large customer contract terms; failure to mitigate risks associated with long-term fixed price contracts; competition in the industry in which we operate; failure to obtain performance and other guarantees from financial institutions; risks associated with governmental contracts; failure to properly manage production cost changes and supply chain; Failure to anticipate market change and competition in the infrastructure technologies; risks associated with information technology disruption or cyber-security incidents; risks associated with the implementation and enhancement of information systems; failure to realize the expected benefit from any rationalization, restructuring, and improvement efforts; disruption of, or changes in, Vertiv’s independent sales representatives, distributors and original equipment manufacturers; increase of variability in our effective tax rate costs or liabilities associated with product liability due to global operations subjecting us to income and other taxes in the United States (“U.S.") and numerous foreign entities; costs or liabilities associated with product liability and damage to our reputation and brands; the global scope of Vertiv’s operations, especially in emerging markets; failure to benefit from future significant corporate transactions; risks associated with Vertiv’s sales and operations and expanding global production facilities; risks associated with future legislation and regulation of Vertiv’s customers’ markets; our ability to comply with various laws and regulations, including, but not limited to, laws and regulations relating to data protection and data privacy; failure to properly address legal compliance issues, particularly those related to imports/exports, anti-corruption laws, and foreign operations; risks associated with foreign trade policy, including tariffs or global trade conflicts; risks associated with litigation or claims against the Company, including the risk of adverse outcomes in any such legal claims or proceedings; our ability to protect or enforce our proprietary rights on which our business depends; third party intellectual property infringement claims; liabilities associated with environmental, health and safety matters; failure to achieve environmental, social and governance goals; failure to realize the value of goodwill and intangible assets; exposure to fluctuations in foreign currency exchange rates; failure to remediate material weaknesses in our internal controls over financial reporting; our level of indebtedness and ability to comply with the covenants and restrictions contained included in our credit agreements; our ability to access funds through capital markets; resales of Vertiv securities may cause volatility in the market price of our securities; our organizational documents contain provisions that may discourage unsolicited takeover proposals; our certificate of incorporation includes a forum selection clause, which could discourage or limit stockholders’ ability to make a claim against it; the ability of our subsidiaries to pay dividends; factors relating to the business, operations and financial performance of Vertiv and its subsidiaries, including: global economic weakness and uncertainty; our ability to attract, train and retain key members of our leadership team and other qualified personnel; the adequacy of our insurance coverage; fluctuations in interest rates materially affecting our financial results and increasing the risk our counterparties default on our interest rate hedges; our incurrence of significant costs and devotion of substantial management time as a result of operating as a public company; expected expenses related to integration of our acquisitions; the possible diversion of management time on issues related to integration of our acquired businesses; the ability of Vertiv to maintain relationships with customers and suppliers of our acquired businesses; and the ability of Vertiv to retain management and key employees of our acquired businesses and other risks and uncertainties indicated in Vertiv’s SEC reports or documents filed or to be filed with the SEC by Vertiv.
Slide 3 — 2026 Vertiv Investor Event Agenda – Wednesday, May 20th
© 2026 Vertiv. All Rights Reserved. 2026 Vertiv Investor Event Agenda – Wednesday, May 20th 3 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
Slide 4 — Shaping the Industry
Scott Armul CHIEF PRODUCT & TECHNOLOGY OFFICER Shaping the Industry Through Innovation © 2026 Vertiv. All Rights Reserved.
Slide 5 — Leading innovator with the most complete critical digital infrastructure portfolio
© 2026 Vertiv. All Rights Reserved. Leading innovator with the most complete critical digital infrastructure portfolio 5 Power Management Thermal Management IT Systems Infrastructure Solutions Services End-to-end systems and services built for multiple compute generations ahead
Slide 6 — Five intensifying forces are transforming data center architecture and design
© 2026 Vertiv. All Rights Reserved. Five intensifying forces are transforming data center architecture and design 6 Scale High-density pods to gigawatt-scale data centers Complexity Increasing system interfaces Speed Deploy capacity ahead of technology cycle The evolution of AI depends on highly integrated infrastructure deployed at an unprecedented scale Load profile Dynamic, synchronous workloads Density Compute densification in rack and pod
Slide 7 — Four key levers define the success of an AI factory…
© 2026 Vertiv. All Rights Reserved. Tokens per Second Time to First Token Tokens per Watt Tokens per $ Generate more tokens from the same power envelope with better economics Accelerate the path from infrastructure deployment to productive AI compute Minimize auxiliary infrastructure power consumption across the site Optimize total cost of ownership across capital, operating, and lifecycle costs AI Factory Unit of Performance Vertiv is uniquely positioned to impact all four levers Four key levers define the success of an AI factory… 7
Slide 8 — … and Vertiv capabilities enable optimization across all four metrics
© 2026 Vertiv. All Rights Reserved. Vertiv technical leadership and domain expertise enable us to uniquely see and solve industry challenges Tokens per Second Time to First Token Tokens per Watt Tokens per $ • Enable latest-generation GPUs • Scale high-density GPU clusters • Prevent thermal and electrical throttling • Maximize uptime and utilization • Pre-designed building blocks • Manufactured converged infrastructure • Software-driven hardware design • Strong supply chain strategy • Improve equipment and design efficiency • Reduce mechanical cooling overhead • Minimize conversion & distribution losses • Site level power and energy management • Right-size equipment, redundancy and reserve capacity • Converged systems and infrastructure • Predictive maintenance & lifecycle service AI Factory Unit of Performance … and Vertiv capabilities enable optimization across all four metrics 8
Slide 9 — Vertiv portfolio breadth and depth enables infrastructure multiple
© 2026 Vertiv. All Rights Reserved. 9 Vertiv delivers end-to-end infrastructure engineered as a unified system across power, cooling, IT, controls, and services Vertiv portfolio breadth and depth enables infrastructure multiple compute generations ahead Watch video
Slide 10 — Converged infrastructure unlocks the next era of AI data center performance
© 2026 Vertiv. All Rights Reserved. Individual Product Optimization (diminishing returns) System Convergence (compounding performance gains) Speed / Performance / Efficiency Optimization Effort / Maturity System-level optimization delivers speed, efficiency, and performance gains that component-level optimization alone cannot achieve. 1. Evolving the power train for AI-scale loads 2. Transforming the data center into a grid- interactive asset 3. Orchestrating power, cooling, and workloads as one system 4. Unlocking density through the thermal chain 5. Scaling converged infrastructure as a system product Convergence opportunity Vertiv combines best-in-class products with system-level integration to deliver converged infrastructure at AI scale Converged infrastructure unlocks the next era of AI data center performance 10
Slide 11 — Leading innovator with the most complete critical digital infrastructure portfolio
© 2026 Vertiv. All Rights Reserved. Leading innovator with the most complete critical digital infrastructure portfolio 11 Power Management Thermal Management IT Systems Infrastructure Solutions End-to-end systems and services built for multiple compute generations ahead Services
Slide 12 — Traditional AC power architecture is evolving to support next-generation AI infrastructure
© 2026 Vertiv. All Rights Reserved. Rack 50 VDC GPU Vertiv UPS LV AC DC in the Rack LV AC Vertiv CDU Traditional AC Power Grid Vertiv MV Switchgear Vertiv LV Switchgear Vertiv UPS LV AC Backup Gen. MV AC Rack densities are rapidly increasing • GPU rack density at 140 kW with visibility to +1 MW • Traditional rack-level power distribution approaches physical limits near ~350 kW per rack Dynamic and synchronous AI loads • Large-scale AI workloads increasingly impact grid stability • Rapid load fluctuations create power-quality and equipment-stress challenges • Power disturbances and throttling directly impact AI performance Grid interaction is becoming more complex • Limited grid capacity in key regions • Utility interconnection timelines lag AI deployment demand • Increasing grid-code and interconnection requirements Sources Loads Traditional AC power architecture is evolving to support next-generation AI infrastructure 12
Slide 13 — “You are helping us
© 2026 Vertiv. All Rights Reserved. 13 Power-smoothed current draw • Enables highly dynamic AI workloads • Shields the grid from rapid load fluctuations • Coordinates upstream and downstream power quality The UPS role is expanding • Uses patented controls to present a stable load to the grid • Reduces oversizing through overload capability • Supports grid-code compliance • Helps prevent GPU throttling and performance loss Vertiv delivers system-level power control Dynamic load profile “You are helping us understand the problem and uniquely demonstrating a system-level solution. - Hyperscale customer at witness test ” Vertiv TM Trinergy UPS with EnergyCore Battery Vertiv power smoothing capability is a leading differentiator in early AI deployments Power smoothing turns the UPS from backup infrastructure into an active performance and grid-stability asset
Slide 14 — AI infrastructure requires coordinated energy storage across multiple time domains
© 2026 Vertiv. All Rights Reserved. 14 Response Time & Load Profile Level Solutions Vertiv manages AI power dynamics from grid-scale energy storage to rack-level ride-through Vertiv TM PowerDirect Rack with battery and capacitor units Milliseconds to seconds Rack & Chip Vertiv TM Trinergy UPS with EnergyCore battery cabinets Seconds to minutes Data Hall Site & Facility Vertiv TM EnergyCore Grid BESS Hours to days AI infrastructure requires coordinated energy storage across multiple time domains Rapid fluctuation management and ride-through Power smoothing, bridging, and peak shaving Extended backup and load shifting
Slide 15 — Traditional AC power architecture
© 2026 Vertiv. All Rights Reserved. Rack 50 VDC GPU LV AC “DC in the Rack” LV AC Traditional AC Power Grid LV AC MV AC Sources Loads 15 Traditional AC power architecture Backup Gen. Vertiv MV Switchgear Vertiv LV Switchgear Vertiv UPS
Slide 16 — AI-scale loads are shifting UPS and energy storage to medium voltage
© 2026 Vertiv. All Rights Reserved. MV AC Power Grid Vertiv MV Switchgear Primary Gen. What changes? • UPS capability shifts to medium voltage to support larger building blocks and fewer conversion steps • MV equipment moves to the electrical yard, freeing space and simplifying data hall infrastructure • BESS becomes a coordinated backup and power-quality asset, not a standalone subsystem • On-site generation becomes more integrated with power architecture • Enables larger, simpler, grid-ready AI power blocks LV AC Vertiv MV BESS/UPS MV AC 16 Traditional AC Power Grid Vertiv MV Switchgear Vertiv LV Switchgear Vertiv UPS LV AC Backup Gen. MV AC AI-scale loads are shifting UPS and energy storage to medium voltage Sources
Slide 17 — Vertiv is redefining AI power infrastructure with MV BESS/UPS
© 2026 Vertiv. All Rights Reserved. Combining MV, UPS, and BESS transforms power infrastructure into an active grid-connected asset • Buffers rapid AI load fluctuations from the grid through coordinated battery response • Supports grid-code compliance and ride- through during voltage disturbances The architectural shift Vertiv MV BESS/UPS Outdoor-rated medium-voltage BESS/UPS designed to deliver long-duration backup power for large AI factories • Brings UPS intelligence and control to a medium-voltage, grid-connected asset • Combines UPS, BESS, and MV power infrastructure into a single coordinated system • Lower total system cost for customers with higher total Vertiv content 17 17 Vertiv is redefining AI power infrastructure with MV BESS/UPS Customer pilot demonstrations beginning June 2026
Slide 18 — Medium-voltage AC UPS shifts AI power infrastructure upstream
© 2026 Vertiv. All Rights Reserved. Rack 50 VDC GPU LV AC “DC in the Rack” LV AC Sources Loads MV AC Power Grid Vertiv MV Switchgear Primary Gen. LV AC Vertiv MV BESS/UPS MV AC 18 Traditional AC Power Grid Vertiv MV Switchgear Vertiv LV Switchgear Vertiv UPS LV AC Backup Gen. MV AC Medium-voltage AC UPS shifts AI power infrastructure upstream Moving UPS capability to medium voltage simplifies power delivery and prepares AI infrastructure for larger, grid-interactive loads
Slide 19 — Higher-voltage DC power starts at the rack and scales to the pod
© 2026 Vertiv. All Rights Reserved. Pod Vertiv Sidecar GPU LV AC 800VDC “DC in the Pod” 19 Rack 50 VDC GPU LV AC DC in the rack” LV AC • Next-generation GPUs require higher-density power delivery • 50 VDC conversion moves out of the rack • Power delivery shifts to 800 VDC at the pod level • Sidecar power systems are tightly coupled with GPU racks • Existing AC input and distribution can still be leveraged What changes? Vertiv CDU / UPS Module Higher-voltage DC power starts at the rack and scales to the pod Loads
Slide 20 — Vertiv
© 2026 Vertiv. All Rights Reserved. 20 The Vertiv power heritage and customer partnerships position us to lead the first wave of 800 VDC system deployments ~140 kW Power density per IT rack ~300 kW to 1 MW+ Power density per IT rack • Frees rack space by moving power conversion outside the GPU rack • Reduces conversion stages and efficiency losses • Enables megawatt-class rack densities • Simplifies row-level distribution and compliance Current Vertiv TM 800 VDC sidecar architecture Vertiv TM PowerDirect 5000 Customer lab validation and testing underway Commercial launch expected in early 2027 Up to 900 kW Vertiv TM PowerDirect sidecar accelerates the transition to 800 VDC power
Slide 21 — Vertiv supports every stage of AI power architecture evolution
© 2026 Vertiv. All Rights Reserved. 21 Sources Loads Rack 50 VDC GPU LV AC DC in the rack Traditional AC Power Grid Vertiv MV Switchgear Vertiv LV Switchgear Vertiv UPS LV AC Backup Gen. MV AC Pod DC in the pod MV AC Power Grid Vertiv MV Switchgear Primary Gen. LV AC MV AC Vertiv MV BESS/UPS Vertiv supports every stage of AI power architecture evolution LV AC Vertiv Sidecar 800 VDC GPU 800 VDC Legacy GPU Vertiv 800/50 VDC Converter
Slide 22 — Vertiv is developing the path to centralized DC power architectures
© 2026 Vertiv. All Rights Reserved. Vertiv is developing the path to centralized DC power architectures Sources Loads MV DC Data Hall GPU 800 VDC 800 VDC DC in the data hall Power Grid Vertiv MV Switchgear 800V DC Primary Gen. Vertiv BESS MV AC Vertiv MV DC UPS or SST 22 Vertiv is executing the product roadmap to enable centralized DC architectures Pod Vertiv Energy Storage Vertiv is advancing centralized DC through two technology paths: 1. MV DC UPS: Uses mature transformer and rectifier technology with a more established supply chain 2. Solid-state transformer / MV power conversion: Enables longer-term gains in density, footprint, and system efficiency Why it changes? Moves DC power from the pod to the data hall Large-scale, purpose-built AI factories Who’s it for? Simplifies high-power distribution Reduces conversion steps to improve efficiency
Slide 23 — Multiple AI power architectures will coexist across customers and applications
© 2026 Vertiv. All Rights Reserved. 23 Selection factors: GPU type, density Installed base Efficiency Operator preference Site profile Sources Loads VertivTM Tradi- tional AC Rack MV AC Pod MV DC Data Hall Power Grid Vertiv LV Switchgear Vertiv UPS LV AC Backup Gen. MV AC Power Grid Vertiv MV Switchgear LV AC Primary Gen. Vertiv MV BESS UPS MV AC Power Grid Vertiv MV Switchgear Vertiv MV DC UPS or SST 800V DC Primary Gen. Vertiv BESS DC in the rack Best for integrating AI into existing AC infrastructure 800 VDC LV AC 800 VDC in the pod Best for next- generation, higher- density AI deployments Vertiv Energy Storage / Cap Sidecar LV DC 800 VDC in the data hall Optimized for large-scale AI factories 50 VDC GPU LV AC Vertiv Sidecar GPU Vertiv MV Switchgear MV AC GPU Pod Multiple AI power architectures will coexist across customers and applications Vertiv’s role and value increase across every stage of AI power architecture evolution 800 VDC
Slide 24 — Leading innovator with the most complete critical digital infrastructure portfolio
© 2026 Vertiv. All Rights Reserved. 24 Power Management Thermal Management IT Systems Infrastructure Solutions End-to-end systems and services built for multiple compute generations ahead Leading innovator with the most complete critical digital infrastructure portfolio Services
Slide 25 — Complexity and criticality are driving new thermal architectures
© 2026 Vertiv. All Rights Reserved. 25 Liquid Cooling Secondary Loop Heat Rejection Primary Loop CDU Trim cooler Liquid cooling has become mission-critical infrastructure Higher operating temperatures reduce cooling power consumption Hybrid air and liquid cooling increases system complexity Thermal architecture depends on workload, site, and efficiency targets Thermal performance now depends on lifecycle services Complexity and criticality are driving new thermal architectures Air Handler Cooling performance now depends on coordinated operation across the full thermal chain
Slide 26 — Liquid cooling performance directly impacts AI throughput and uptime
© 2026 Vertiv. All Rights Reserved. Liquid cooling performance directly impacts AI throughput and uptime 26 • Specially designed piping network from IT equipment to CDU with compliant materials Secondary Fluid Network (SFN) Liquid Cooling Secondary Loop Vertiv System-Level Approach 3 2 Chip & server liquid cooling • Strategic Thermal Labs expands visibility into chip- and server-level thermal behavior • Integrated into broader thermal system optimization 3 Vertiv manages the full liquid cooling system from chip to heat rejection 4 1 Coolant Distribution Unit (CDU) • Controls temperature, pressure, and flow across the liquid cooling loop • New CDU platforms scale beyond 2 MW 2 1 • Proactive monitoring reduces unplanned downtime • Lifecycle fluid services simplify operations Fluid management services 4 5 • Continuously optimizes thermal system performance • Provides advanced leak detection and monitoring VertivTM Unify Thermal Secondary Loop 5 Temperature control Continuous Op. Flow control Fluid chemistry Filtration Strict performance
Slide 27 — Higher-temperature cooling reduces infrastructure power overhead
© 2026 Vertiv. All Rights Reserved. 27 AI cooling architectures must balance efficiency, density, and deployment requirements Higher fluid temperatures improve cooling efficiency and free more power for compute Heat rejection architecture depends on site and workload requirements • Dry coolers are highly efficient but climate dependent • Traditional chillers become less effective at higher operating temperatures • Efficiency, density, and peak power requirements drive architecture selection Chiller Dry cooler Each 1°C increase in operating temperature improve cooling efficiency by 3%+ Efficiency opportunity Server fluid temperature, °C Low Medium High 25 30 35 40 45 Potential 50–60% cooling power reduction Location More free cooling, lower compressor energy GPU type Air/ liquid mix Peak Power Key design variables: Higher-temperature cooling reduces infrastructure power overhead °C Footprint Site type Ambient temp Risk profile
Slide 28 — Thermal optimization depends on workload, operating temperature, and site conditions
© 2026 Vertiv. All Rights Reserved. Vertiv’s portfolio addresses the full spectrum of customer needs Thermal optimization depends on workload, operating temperature, and site conditions 28 Optimal thermal architectures vary by operating conditions Vertiv Dry Cooler Vertiv Free- Cooling Chiller Vertiv Water- Cooled Chiller Vertiv portfolio enables deployment-specific optimization Vertiv’s thermal portfolio enables optimization across a wide range of operating conditions 45 40 35 30 25 20 15 20 25 30 35 40 45 50 Chiller Free Cooling Chiller Dry Cooler + Water-Cooled Chiller Dry Cooler Trim Cooler Vertiv TM CoolLoop Trim Cooler Trim Cooler Server fluid temperature, °C Ambient temperature, °C Note: 1 Per March 23, 2026 announcement, the transaction is subject to customary closing conditions, including the receipt of regulatory approvals, and is expected to close in the second quarter of 2026. 1
Slide 29 — Vertiv
© 2026 Vertiv. All Rights Reserved. 29 A flexible heat-rejection architecture for higher-density AI deployments • Combines dry-cooler efficiency with chiller backup • Supports scalable AI deployments above 3 MW • Flexible across current and future GPU generations • Up to 79% lower annual energy consumption1 • 24% smaller footprint2 • Up to 134% more annual free-cooling hours1 • Zero water use Vertiv TM CoolLoop Trim Cooler Key benefits Note: 1 Compared with traditional air-cooled heat rejection solutions; 2 W50/40°C – A42°C free cooling version Vertiv TM CoolLoop Trim Cooler creates a new heat-rejection option for AI cooling
Slide 30 — Optimized air and liquid cooling architectures remain critical for AI deployments
© 2026 Vertiv. All Rights Reserved. Optimized air and liquid cooling architectures remain critical for AI deployments Optimized single loop architecture: Simplified deployment with shared thermal infrastructure Dual loop approach: Separate thermal loops optimized for maximum efficiency Fan wall CDU Air-cooled Chiller Dry or Trim Cooler DX CRAC CDU Trim Cooler 41°C 25°C 41°C • Separate air and liquid loops optimize operating temperatures independently • Maximizes cooling efficiency and thermal flexibility • Vertiv CoolPhase Water-Cooled DX supports cooler air temperatures on a shared primary loop • Single trim-cooler architecture enables higher operating water temperatures • Optimized for deployment simplicity, footprint, and total cost of ownership Vertiv’s thermal breadth enables deployment-specific architectures optimized for efficiency and density 30 25°C Note: As compared to a single loop standard chiller in a similar configuration.
Slide 31 — Vertiv delivers integrated thermal architectures across the full cooling stack
© 2026 Vertiv. All Rights Reserved. 1 Phase CDU Immer- sion 31 Liquid Cooling Secondary Loop Heat Rejection Primary Loop Row Units Perimeter Units Dry Coolers & Condensers Rack Units Vertiv TM Unify Thermal Secondary Loop Vertiv TM Unify Thermal Primary Loop Liquid Cooling Systems Air Cooling Systems Heat Rejection Systems System Controls 2 Phase CDU Cold Plate Thermal Wall Air Cooled Chiller Trim Cooler Water- Cooled Chiller Packaged & Converged Systems Vertiv TM CoolPhase Flex Air + Liquid Vertiv TM CoolLoop Air + DX Small Room Manifolds & SFN Vertiv delivers integrated thermal architectures across the full cooling stack Thermal optimization increasingly depends on hybrid system integration and control
Slide 32 — Leading innovator with the most complete critical digital infrastructure portfolio
© 2026 Vertiv. All Rights Reserved. Leading innovator with the most complete critical digital infrastructure portfolio 32 Power Management Thermal Management IT Systems Infrastructure Solutions End-to-end systems and services built for multiple compute generations ahead Services
Slide 33 — Whitespace infrastructure is shifting from field integration to engineered system platforms
© 2026 Vertiv. All Rights Reserved. 33 From discrete field-integrated components… …to converged systems optimized for speed, density, and performance • Power Shelf • Rack Branch Power Protection • Power Monitoring • Power System • Liquid Distribution • Liquid Branch Protection • Liquid Monitoring • Liquid-to-Liquid Heat Exchanger • Liquid Pump • Hot Aisle Containment • Integrated Controls Logic • HMI Interface • IT Rack Housing and Connections Converged whitespace systems accelerate deployment readiness and time-to-first-token Whitespace infrastructure is shifting from field integration to engineered system platforms Whitespace technologies
Slide 34 — Vertiv is extending its portfolio deeper into the AI whitespace
© 2026 Vertiv. All Rights Reserved. Vertiv is extending its portfolio deeper into the AI whitespace 34 Vertiv RDHx AI-Ready Racks Vertiv Rack Extreme 48U • Broad rack portfolio for high- density AI deployments Rack Power Distribution Vertiv PowerIT Apex PDU • High-density power delivery and rack- space optimization Rack Power Conversion Vertiv PowerDirect Rack • 50 VDC and 800 VDC converter systems for architecture flexibility Rack Cooling • Rack-level cooling for enterprise AI workloads Integrated Rack Solutions Vertiv SmartIT • Air- and liquid- cooled systems for next-generation GPU platforms Whitespace expansion strengthens Vertiv’s role at the interface between infrastructure and compute
Slide 35 — Up to 6.2 MW
© 2026 Vertiv. All Rights Reserved. 35 Up to 6.2 MW • Native support for 800 VDC deployments Up to 5.2 MW • Supports up to 500 kW per rack • Vertiv SmartRun cable- based distribution Up to 4.3 MW • Supports up to 344 kW per rack • Expanded power distribution architecture Up to 1.5 MW • Supports up to 115 kW per rack • Dual busway architecture • 2N redundancy Vertiv TM SmartRun combines repeatability, scalability, and architectural continuity across AI generations Vertiv TM SmartRun scales across multiple GPU generations and power architectures
Slide 36 — Vertiv
© 2026 Vertiv. All Rights Reserved. 36 Vertiv TM OneCore converged infrastructure & systems design for the entire data center Tokens per watt Tokens per second Time to first token Tokens per dollar Site-level solutions developed as a product portfolio, scalable from 10 MW to 1 GW Vertiv Data Hall Vertiv Power Modules & Skids Vertiv Service Modules Vertiv Cooling Modules & Skids Vertiv SmartRun IT Whitespace Vertiv Hydro Module Vertiv Heat Rejection Vertiv Auxiliary Modules Vertiv Unify Monitoring & Control
Slide 37 — Vertiv
© 2026 Vertiv. All Rights Reserved. Colocation Neo-Cloud Enterprise One Core 37 Turn fragmented power, thermal, and IT infrastructure into a single platform: • Unlocks stranded capacity • Drives down cost per token • Accelerates time-to-revenue for GPU-intensive installations Power IT Thermal Facilities Continuous Optimization Automated Configuration Management Monitoring & Control Hyperscaler Data Center level Equipment level Vertiv Unify – Controls and software across systems to optimize performance The Vertiv value proposition Intelligent Primary Loop Intelligent Secondary Loop Vertiv TM Unify software portfolio can significantly increase data center efficiency and performance
Slide 38 — Leading innovator with the most complete critical digital infrastructure portfolio
© 2026 Vertiv. All Rights Reserved. Leading innovator with the most complete critical digital infrastructure portfolio 38 Power Management Thermal Management IT Systems Infrastructure Solutions End-to-end systems and services built for multiple compute generations ahead Services
Slide 39 — Technology shifts are expanding Vertiv’s service opportunity
© 2026 Vertiv. All Rights Reserved. 39 AI infrastructure complexity is increasing the scale, criticality, and value of lifecycle services Digital Services • Vertiv TM Next Predict • Remote monitoring and response services • Digital twin and infrastructure design platforms Liquid Cooling & Fluid Services • Commissioning, flush, and fill services • Fluid lifecycle management and treatment • End-to-end liquid cooling network services Power Infrastructure Services • Global electrical testing and maintenance • Support for 800 VDC, MV, and BESS architectures • Power-system consulting and safety services Infrastructure Deployment Services • Expanded project deployment capabilities • Vertiv TM OneCore managed services • Dedicated on-site service delivery models Technology shifts are expanding Vertiv’s service opportunity Expanding service capabilities
Slide 40 — Vertiv’s global labs accelerate innovation, validation, and deployment readiness
© 2026 Vertiv. All Rights Reserved. 40 AI infrastructure innovation increasingly depends on full-system validation and co-engineering Power Thermal IT Systems Mixed Infrastructure Solutions AI System Validation Lab • Next-gen GPU & pod validation: Full-stack power and thermal validation for AI-scale infrastructure • System replication: Replicates field-level infrastructure, controls, firmware, and service environments • Co-engineering: Dedicated co-development space with leading silicon and hyperscale partners Vertiv’s global labs accelerate innovation, validation, and deployment readiness
Slide 41 — Innovation speed and engineering scale are extending Vertiv’s technology lead
© 2026 Vertiv. All Rights Reserved. NPDI cadence: 120+ new products, services, and offerings since November 2024 41 $Millions. ER&D Annual Spend • Accelerating R&D investment to support multiple compute generations ahead • Co-engineering with silicon and hyperscale partners ahead of next-generation platform launches • Engineering differentiation that translates into measurable performance gains Time-to-market: 15% improvement over the past year Patent portfolio growth: ~40% more patents filed in 2025 versus 2024 AI for Engineering: Expanding use of AI to accelerate engineering productivity and development speed Co-Innovation: 25+ innovation labs globally, including a new AI systems validation lab in Ohio Innovation speed and engineering scale are extending Vertiv’s technology lead Innovation, engineering scale, and development speed are extending Vertiv’s competitive advantage Accelerating execution and technology leadership Scaling innovation capacity $368 $442 2024 2025 2026 2030 ~$550 ~20% CAGR
Slide 42 — Uniquely positioned to
© 2026 Vertiv. All Rights Reserved. 42 Accelerate development and technology strength Lead the industry architecture evolution with technology and innovation Invest in customer development and partner collaboration Enhance and extend the industry’s broadest portfolio Unlock system-level performance through converged infrastructure Uniquely positioned to enable the critical digital world and AI acceleration through unmatched speed, technology depth, industry focus, and portfolio breadth.