Investor Presentaiton

Reconciliation of Non-GAAP Items To Their Closest GAAP Equivalent Net Debt/LQA Adjusted EBITDA in 000's Total debt at balance sheet carrying value Add: DLR share of unconsolidated joint venture debt Add: Capital lease obligations, net Less: Unrestricted cash Net Debt as of December 31, 2021 Net Debt/LQA Adjusted EBITDA (iii) Γ DIGITAL REALTY. L Net Debt/LQA Adjusted EBITDA - As Adjusted QE 12/31/21 QE 12/31/21 $ 13,448,210 Net Debt as of Dceember 31, 2021 $ 14,194,189 826,799 218,590 (299,410) $ 14,194,189 6.1x Less: Gross Proceeds from Forward Equity Plus: €750mm Notes Issued in January 2022 Less: Redemption of 4.75% Notes in February 2022 Less: Remaining Net Proceeds from January 2022 Notes Net Debt as of December 31, 2021 (As Adjusted) Net Debt/LQA Adjusted EBITDA (iii) (As Adjusted) (iii) Adjusted EBITDA $ (388,589) $ 13,251,803 5.7x $ (956,547) $ 852,750 $ (450,000) (iii) Adjusted EBITDA Net loss available to common stockholders Interest expense $ Taxes 1,057,629 71,762 3,961 Adjusted EBITDA as of December 31, 2021 x 4 $ 2,334,854 QE 12/31/21 Depreciation and amortization 378,883 EBITDA 1,512,560 Fixed Charged Ratio (LQA Adjusted EBITDA/total fixed charges) GAAP interest expense plus capitalized interest Unconsolidated JV real estate related depreciation & amortizatior Unconsolidated JV interest expense and tax expense 24,146 Preferred dividends 15,222 Total fixed charges Severance accrual and equity acceleration and legal expenses 1,003 Fixed charge ratio 97,779 10,181 107,960 5.4x Transaction and integration expenses 12,427 Gain on sale / deconsolidation (1,047,010) QE 12/31/21 Other non-core adjustments, net 14,307 Noncontrolling interests 22,587 Fixed Charged Ratio (LQA Adjusted EBITDA/total fixed charges) - As Adjusted Total fixed charges 107,960 Preferred stock dividends, including undeclared dividends Adjusted EBITDA 10,181 $ 583,713 Less: Lower Interest from debt reduction w/ proceeds from Forward Equity & Euro Notes Total fixed charges (As Adjusted) (5,553) 102,407 LQA Adjusted EBITDA (Adjusted EBITDA x 4) $ 2,334,854 Fixed charge ratio (As Adjusted) 5.7x 58

View entire presentation