NEXTDC LIMITED — Capital/Financing Update 2026

May 4, 2026

NEXTDC

ASX Release

5 May 2026

A$1.8 billion of New Senior Debt Commitments Secured

NEXTDC Limited (ASX: NXT) ("NEXTDC" or the "Company") is pleased to announce that it has received credit approved commitment letters from a syndicate of leading domestic and international relationship banks in respect of A$1.8 billion of new senior debt facilities (the "New Facilities").

The commitments reflect continued strong support from NEXTDC's banking syndicate following the Company's recent record increase in contracted utilisation announced on 20 April 2026¹ and build on NEXTDC's recent capital raising initiatives.

Upon Financial Close of the New Facilities, NEXTDC's total available senior debt facilities will increase from A$6.4 billion to A$8.2 billion, and NEXTDC's estimated pro forma 30 June 2026 liquidity (cash and undrawn facilities) increases to approximately A$8.4 billion².

The New Facilities will be governed by NEXTDC's existing Common Terms Deed³. Margins on the New Facilities are broadly consistent with margins on NEXTDC's existing senior debt facilities of similar tenor.

Proceeds from the New Facilities will primarily support capital expenditure requirements associated with recent customer contract wins, ongoing data centre developments as well as for general corporate purposes.

A general syndication of the New Facilities will commence shortly. Financial Close of the New Facilities, including execution of definitive financing documentation and satisfaction of customary conditions precedent, is expected to occur in July 2026.

The Mandated Lead Arrangers and Bookrunners ("MLABs") are Australia and New Zealand Banking Group Limited, Commonwealth Bank of Australia, ING Bank N.V., Mizuho Bank, Ltd., MUFG Bank, Ltd., National Australia Bank Limited, The Hongkong and Shanghai Banking Corporation Limited (Sydney Branch) and Westpac Banking Corporation.

Advisers

RBC Capital Markets is acting as financial adviser to NEXTDC in relation to the New Facilities.

Cadence Advisory is acting as independent financial adviser and Mallesons as legal adviser to NEXTDC in relation to the New Facilities.

Authorised for release by the Board of NEXTDC Limited.

ENDS

¹ See NEXTDC's ASX announcement titled 'Record Contracted Utilisation and A$2.2bn Capital Plan' released to ASX on 20 April 2026.

² Reflects the A$6.6 billion pro forma 30 June 2026 liquidity position disclosed in NEXTDC's ASX announcement titled 'A$750m Wholesale Notes Offer Successfully Priced and Allocated' released to ASX on 24 April 2026, adjusted for the A$1.8 billion of new commitments under the New Facilities.

³ The Common Terms Deed Poll dated November 2024, which governs NEXTDC's existing senior debt platform.

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NEXTDC

For more information:

Simon Guzowski
T: +61 2 8072 4943
E: investorrelations@nextdc.com
NEXTDC Investor Centre: www.nextdc.com/investor-centre

IMPORTANT NOTICE

Nothing contained in this announcement constitutes investment, legal, tax or other advice. You should make your own assessment and take independent professional advice in relation to the information and any action on the basis of the information. This announcement has been prepared for release to ASX and is not an offer or invitation to subscribe for any securities.

FORWARD-LOOKING STATEMENTS

This announcement contains certain forward-looking statements, including "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act, Section 21E of the United States Securities Exchange Act of 1934 and the United States Private Securities Litigation Reform Act of 1995. Words such as "believe", "continue", "expect", "forecast", "estimate", "intend", "plan", "potential", "likely", "project", "anticipate", "target", "guidance", "should", "could", "may", "will", "predict", "outlook", "foresee", "opinion", "seek", "consider", "aim" or similar phrases are intended to identify forward-looking statements. Similarly, indications of, and guidance on, future earnings and financial position and performance are also forward-looking statements, as are statements regarding NEXTDC's plans, objectives and strategies, and statements regarding the conduct and outcome of the New Facilities, the timing and occurrence of Financial Close, the completion of general syndication, the satisfaction of conditions precedent and the application of proceeds.

Any forward-looking statements, opinions and estimates are based on assumptions and contingencies that are subject to change without notice, are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of NEXTDC, the Mandated Lead Arrangers and Bookrunners, each of their related bodies corporate and affiliates, and each of their respective directors, officers, employees, partners, consultants, agents, advisers and representatives (each a "Beneficiary") and which may cause actual results and outcomes to differ materially from those expressed or implied in this announcement or in such statements. Refer to the 'Key Risks' disclosed in NEXTDC's Investor Presentation titled 'Record Contracted Utilisation and A$2.2bn Capital Plan' released to ASX on 20 April 2026 for further information.

Investors are strongly cautioned to not place undue reliance on such forward-looking statements, especially in the context of the current and challenging economic, market, climate and supply chain conditions and other uncertainty and disruption, including the conflicts in Ukraine and the Middle East.

The forward-looking statements are based on information available to NEXTDC as at the date of this announcement. None of NEXTDC, any of its related bodies corporate or affiliates, the Mandated Lead Arrangers and Bookrunners, or any of their respective Beneficiaries or any other person gives any warranty, representation or assurance (express or implied) that the occurrence of the events expressed or implied in any forward-looking statement will occur or as to the accuracy of any forward-looking statement, or has or accepts any responsibility to update or revise any such forward-looking statement except as required by applicable law or the ASX Listing Rules.

GENERAL

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Certain figures, amounts, percentages, estimates, calculations of value and fractions provided in this announcement are subject to the effect of rounding. Accordingly, the actual calculation of these figures may differ from the figures set out in this announcement.

About NEXTDC

NEXTDC is an ASX 100-listed technology company and Asia's most innovative Data Centre-as-a-Service provider. We are building the infrastructure platform for the digital economy, delivering the critical power, security and connectivity for global cloud computing providers, enterprises, and Government.

NEXTDC is recognised globally for the design, construction, and operation of Australia's only network of Uptime Institute certified Tier IV facilities, and the only data centre operator in the Southern Hemisphere to achieve Tier IV Gold certification for Operational Sustainability. NEXTDC has a strong focus on sustainability and operational excellence through renewable energy sources and delivering world-class operational efficiency. Our data centres have been engineered to deliver exceptional levels of efficiency. NEXTDC's corporate operations have been certified carbon neutral under the Australian Government's Climate Active Carbon Neutral Standard.

Our Cloud Centre partner ecosystem is Australia's most dynamic digital marketplace, comprising carriers, cloud providers and IT service providers, enabling local and international customers to source and connect with cloud platforms, service providers and vendors to build complex hybrid cloud networks and scale their critical IT infrastructure services.

NEXTDC is powering the intelligence economy.

To learn more, visit www.nextdc.com

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