ANALYST COVERAGE

Installed Building Products Inc. is covered by the following analysts.

Credit Suisse

Susan Maklari

Deutsche Bank

Nishu Sood

Evercore ISI

Trey Morrish

Jefferies LLC

Philip Ng, CFA

KeyBanc

Kenneth R. Zener

Nomura Instinet

Michael Wood

RBC Capital Markets

Micheal Eisen

Seaport Global

Matt McCall

Stephens

Trey Grooms

SunTrust Robinson Humphrey

Keith Hughes

Zelman & Associates

Justin Speer

Installed Building Products, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Installed Building Products, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Installed Building Products, Inc. or its management. Installed Building Products, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.