December 3, 2014

Recall Acquires Business Records Management in U.S. and Completes the Sale of Secure Destruction Business in Germany

Full Year Revenue and EBITDA growth approaching double digits in FY15

Norcross, GA: December 3, 2014 Recall Holdings Limited (ASX: REC), a global leader in document storage, digital document management and data protection, today announced its sixth acquisition since the beginning of this fiscal year (beginning July 1, 2014) with the purchase of Business Records Management LLC (BRM) in the U.S. for $77 million. In addition, Recall has completed the sale of its Secure Destruction Service (SDS) business in Germany to Rhenus Data Office GmbH which was announced on September 3, 2014.

“This has been a strong start to the year for Recall, as evidenced by our sixth acquisition in FY15,” said Doug Pertz, President and CEO of Recall. “This transaction will deliver a positive outcome to customers and shareholders. We continue to execute on our strategy of sustainable profitable growth and now expect full year FY15 revenue growth to approach double digits. Revenue growth will be stronger in the second half of FY15 due to the impact of acquisitions and onboarding of large accounts in implementation. We also expect full year EBITDA growth to be at least in line with revenue growth in full year FY15,” said Pertz.

BRM is a leading records management company with secure storage facilities servicing more than 4,700 clients across Pennsylvania, Ohio, West Virginia, New York and Maryland. The acquisition enhances Recall’s presence in key U.S. regions and provides BRM’s clients the ability to securely manage their physical and digital assets through a single partner. Integration is expected to commence immediately and will add 3.4 million carton equivalents to total holdings and approximately $21 million of annualised revenue. The acquisition will be EPS accretive in FY15 and on a post synergy basis, the acquisition price represents an EBITDA multiple of less than 7.0x.

“BRM meets our high standards for customer service, technology and professionalism and we are proud to add the BRM team and customers to Recall’s portfolio. With this acquisition Recall solidifies its position as a leader in the Northeast, Midwest and Atlantic regions,” said Mark Wesley, President Recall Americas.

Since July 2014, Recall has completed six acquisitions; four in the U.S., one in Australia and one in the United Kingdom. The combined purchase price of all six acquisitions is approximately $109 million and on a post synergy basis, represents an EBITDA multiple of less than 7.0x. The acquisitions will generate annualised revenue of approximately $31 million and add a total of 4.4 million carton equivalents. In FY15, these acquisitions are expected to add approximately $21 million of revenue. Recall recently announced it had increased its syndicated financing agreement to $1.05 billion to support further earnings-accretive acquisitions in geographies and market segments where the available synergies and returns meet the company’s criteria.

The sale of the SDS business in Germany will reduce full year revenue by approximately $13.5 million and is expected to have a positive impact on earnings in FY15. As reported in Recall’s FY14 earnings release, Recall conducted a strategic review of its SDS business and announced its intention to sell its SDS business in Germany. Recall will continue to focus on growing its Document Management Solutions, Data Protection Services and digital businesses across the German markets.

About Recall

Recall is a global leader in information management solutions, offering customers complete management of its physical and digital information assets with one partner. Recall’s innovative solutions empower organizations to make better business decisions throughout the information lifecycle, while keeping regulatory compliance and eliminating unnecessary resources, time and costs. Recall services more than 80,000 customer accounts in over 300 dedicated operation centers, spanning five continents in 24 countries. For more information, please visit recall.com.

For further information, please contact:

Investor Relations

Bill Frith

Senior Director, Investor Relations

Bill.Frith@recall.com

+61 2 9583 0244

Australian media enquiries

Fleur Jouault

Director, GRACosway

fjouault@gracosway.com.au

+61 405 669 632

U.S. media enquiries

MSL GROUP

David Sprague or Amanda Fountain

recall@mslgroup.com

+1 781-684-0770

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