WM — Oct 28, 2024 release

(f) • Through the first nine months of the year, the Company generated $3.88 billion of net cash provided by operating activities, an increase of 16.2% from the prior year. • The Company expects total capital expenditures to be $3.15 to $3.25 billion, with about $950 million targeted at sustainability growth investments. • Strong operating cash flow growth combined with disciplined capital spending led to a 20.0% increase in free cash flow on a year-to-date basis. These results put the Company on track to achieve the high end of its guidance of $2.15 billion in free cash flow in 2024. (a)(g) • The Company has invested $790 million on acquisitions in 2024, largely for solid waste businesses. The acquired businesses have contributed $108 million of revenue growth in 2024. Additionally, the Company continues to work through regulatory approval processes to support its planned acquisition of Stericycle. The acquisition is expected to close in the fourth quarter of 2024. Integration planning processes are moving forward as expected. • WM released its 2024 Sustainability Report during the third quarter, focused on three core ambitions - material is repurposed, energy is renewable, and communities are thriving. The report details the Company’s sustainability ambitions and progress toward its goals.   Fish concluded, “We came into this year expecting strong execution across several fronts, and through the first nine months we have delivered re