Company: VRT
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001193125-25-094674
Chunk: 77

Company: Vertiv Holdings Co
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 77
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| -  2025 Proxy Statement | 59 |

Reconciliation of Non-GAAPFinancial Measures The following is a reconciliation of (i) adjusted operating profit (loss) to the comparable GAAP measure of operating profit (loss) and (ii) adjusted operating margin to the comparable GAAP measure of operating margin, in each case for the 12 months ended December 31, 2024, 2023 and 2022 (in millions):

|                                  |     |   | Full Year 2024 |     |   | Full Year 2023 |     |   | Full Year 2022 |
|:---------------------------------|:----|:--|---------------:|:----|:--|---------------:|:----|:--|---------------:|
| Net sales                        |     | $ |        8,011.8 |     | $ |        6,863.2 |     | $ |        5,691.5 |
| Operating profit (loss)          |     |   |        1,367.4 |     |   |          872.2 |     |   |          223.4 |
| Operating margin                 |     |   |          17.1% |     |   |          12.7% |     |   |           3.9% |
| Amortization of intangibles      |     |   |          184.2 |     |   |          181.3 |     |   |          215.8 |
| Adjusted operating profit (loss) |     | $ |        1,551.6 |     | $ |        1,053.5 |     | $ |          439.2 |
| Adjusted operating margin        |     |   |          19.4% |     |   |          15.3% |     |   |           7.7% |

Reconciliation of Net Cash Provided By (Used For) Operating Activities to Adjusted Free Cash Flow (In millions)

|                                                      |     |   | Full Year 2024 |   |     |   | Full Year 2023 |   |     |   | Full Year 2022 |   |
|:-----------------------------------------------------|:----|:--|---------------:|:--|:----|:--|---------------:|:--|:----|:--|---------------:|:--|
| Net cash provided by