Iron Mountain Expands EMEA Data Center Footprint With New 27 Megawatt Facility Build in London

Second facility (LON-2) in Slough adds to recent 4 megawatt expansion of LON-1 facility for customers needing to leverage rich ecosystem opportunities in this critical global data center market

Iron Mountain Incorporated (NYSE: IRM), the innovative storage and information management services company, today announced that they are expanding their data center footprint through the development of a new highly interconnected 27 megawatt facility at full build. Like all Iron Mountain data centers, LON-2 will be powered by 100% renewable energy and certified by the Building Research Establishment Environmental Assessment Method (BREEAM) to obtain the highest level of environmental, social and economic sustainability.

Located in the London region, in the Slough Trading Estate, the three-story, 25.000 square meter facility provides for 27 megawatts of IT load capacity equally distributed across three identical data hall floors of 9 megawatts each, including N+2 redundancy. LON-2 will provide carrier-neutral connectivity options with easy access to global networks, cloud on-ramps and leading global peering exchanges.

In addition, Iron Mountain recently deployed 4 megawatts of new capacity at their LON-1 data center by adding two individual 2 megawatt data halls, which brings the total power capacity at the facility to 9.1 megawatts. The immediately available space offers a wide range of on-site network services including rich connectivity options and dark fiber access to hundreds of networks, clouds and service providers.

“We are excited to announce new colocation opportunities at our second data center in this highly connected market as well as adding new capacity at our LON-1 data center, which continues to be in high demand,” said Eric Boonstra, Vice President and General Manager, Europe at Iron Mountain Data Centers. “Like other Iron Mountain data centers, our Slough data centers are well-suited for Enterprise, Hyperscale and Cloud organizations seeking a highly interconnected data center partner with industry-leading compliance and security.”

Additional highlights of the LON-2 data center build include:

• Hyperscale & Enterprise ready: provides the ability to scale with unmatched security and reliability
• Network density: carrier-neutral access to diverse meet-me rooms, leading global peering exchanges and the ability to connect to multiple public-cloud on-ramps
• Support for multiple use cases: hyperscale cloud node, hybrid-IT colocation, local/regional business continuity/disaster recovery, and consolidation/migration
• Highly energy efficient
• Powered by 100% renewable energy leveraging Green Power Pass
• Operational excellence: 100% uptime SLA
• Industry-leading compliance:
  • SOC 2 Type II, SOC 3
  • ISO 27001, 50001, and 140001
  • HIPAA
  • PCI-DSS
  • FISMA High/NIST SP 800-53

Iron Mountain's global data center platform consists of 15 operational facilities across 13 markets and three continents. Including leasable capacity, land, and buildings held for future development, Iron Mountain's data center platform can support more than 445 megawatts of IT capacity at full build-out.

For more information on Iron Mountain Data Centers, visit https://www.ironmountain.com/data-centers.

About Iron Mountain

Iron Mountain Incorporated (NYSE: IRM) is the global leader in innovative storage and information management services, storing and protecting billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Founded in 1951 and trusted by more than 225,000 customers worldwide, Iron Mountain helps customers CLIMB HIGHER™ to transform their businesses. Through a range of services including digital transformation, data centers, secure records storage, information management, secure destruction, and art storage and logistics, Iron Mountain helps businesses bring light to their dark data, enabling customers to unlock value and intelligence from their stored digital and physical assets at speed and with security, while helping them meet their environmental goals.

To learn more about Iron Mountain Data Centers, please visit: www.IronMountain.com/datacenters and follow @IRMDataCenters on Twitter and LinkedIn.

Forward Looking Statements

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws and is subject to the safe-harbor created by such Act. Forward-looking statements include, but are not, limited to statements concerning the commencement of the lease and datacenter capacity at full buildout. When we use words such as "believes," "expects," "anticipates," "estimates" or similar expressions, we are making forward-looking statements. Although we believe that our forward looking statements are based on reasonable assumptions, our expected results may not be achieved, and actual results may differ materially from our expectations. Although we believe that our forward looking statements are based on reasonable assumptions, our expected results may not be achieved, and actual results may differ materially from our expectations.

These forward-looking statements are subject to various known and unknown risks, uncertainties and other factors. Important factors that could cause actual results to differ from expectations include (i) the impact of the COVID-19 outbreak on our business, operations and financial condition, (ii) our ability to remain qualified for taxation as a real estate investment trust for U.S. federal income tax purposes; (iii) the adoption of alternative technologies and shifts by our customers to storage of data through non-paper based technologies; (iv) changes in customer preferences and demand for our storage and information management services; (v) the cost and our ability to comply with laws, regulations and customer demands relating to data security and privacy issues, as well as fire and safety standards; (vi) our ability or inability to execute our strategic growth plan, expand internationally, complete acquisitions on satisfactory terms, and to integrate acquired companies efficiently; (vii) changes in the amount of our growth and recurring capital expenditures and our ability to raise capital and invest according to plan; (viii) the impact of litigation or disputes that may arise in connection with incidents in which we fail to protect our customers' information or our internal records or IT systems and the impact of such incidents on our reputation and ability to compete; (ix) our ability to execute on Project Summit and the potential impacts of Project Summit on our ability to retain and recruit employees and execute on our strategy (x) changes in the price for our storage and information management services relative to the cost of providing such storage and information management services; (xi) changes in the political and economic environments in the countries in which our international subsidiaries operate and changes in the global political climate; (xii) the impact of executing on our growth strategy through joint ventures; (xii) our ability to comply with our existing debt obligations and restrictions in our debt instruments or to obtain additional financing to meet our working capital needs; (xiv) the impact of service interruptions or equipment damage and the cost of power on our data center operations; (xv) changes in the cost of our debt; (xvi) the impact of alternative, more attractive investments on dividends; (xvii) the cost or potential liabilities associated with real estate necessary for our business; (xviii) the performance of business partners upon whom we depend for technical assistance or management expertise; (xix) other trends in competitive or economic conditions affecting our financial condition or results of operations not presently contemplated; and (xx) other risks described more fully in our filings with the Securities and Exchange Commission, including under the caption “Risk Factors” in our periodic reports or incorporated therein. You should not rely upon forward-looking statements except as statements of our present intentions and of our present expectations, which may or may not occur. Except as required by law, we undertake no obligation to release publicly the result of any revision to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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