DXN LIMITED — Capital/Financing Update 2020

Aug 25, 2020

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26 August 2020

ASX Announcement

DXN Limited signs c$1.5m contract with Newcrest Mining to supply Modular EDGE Data Centre

Highlights:

• DXN has signed a c.A$1.5m contract with Newcrest Mining to supply a fully engineered factory built prefabricated modular data centre to its mining site in Cadia, NSW.

• The contract is for the design, build, shipment and installation of a complete prefabricated modular EDGE data centre to incorporate critical infrastructure for mining requirements

Pre-fabricated modular data centre specialist, DXN Limited (ASX:DXN) ( DXN or the Company ), is pleased to announce it has entered into contract with Newcrest Mining (ASX: NCM). Newcrest is the largest gold producer listed on the Australian Securities Exchange and one of the world's largest gold mining companies.

Matthew Madden, CEO, DXN Limited said “We are thrilled to have secured this contract, which showcases all the value-adds that DXN brings to the forefront. DXN designs, engineers and fabricates the entire modular data centre in Australia. With travel restrictions a reality we will live with for some time yet, this is the way of the future with data centre builds, engineered to be modular, prefabricated and shipped all around the world.

Madden said, “During the course of the formal evaluation, DXN was consistently able to prove that we have best-in-class designs and solutions that matched the requirements for this client. We also proved that with our entire supply chain within our control and within Australia, we were able to deliver to match the customer’s expectations in terms of timeframes.”

The agreement is subject to standard termination provisions for a contract of this nature.

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About DXN Limited

DXN Limited designs, builds, owns and operates data centres. Offering integrated, customised and tailored solutions to clients, DXN provides businesses with the option of delivering solutions to site through containerised modules, or space in DXN’s modular colocation facilities to suit technical specifications and operational requirements. From a single rack in the colocation facilities through to fully customised Edge Infrastructure, DXN can deliver a range of solutions to meet modern data centre requirements. DXN has achieved an industry first and become the first modular data centre developer in the world to receive both Uptime Institute Tier-Ready III and Tier-Ready IV design review awards. For more https://dxn.solutions

For more information please contact: Matthew Madden, CEO T +61 1300 328 239 E: investorrelations@dxn.solutions ASX Release authorised by the Board

DXN Limited

ABN: 46 620 888 548

9 Mumford Place, Balcatta, Perth, Western Australia, 6021 W: dxn.solutions | T: 1300 328 239 | E: info@dxn.solutions