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Investor Presentaiton

Reconciliation of Non-GAAP Items To Their Closest GAAP Equivalent Net Debt/LQA Adjusted EBITDA Cadet at balance sheet carrying value Add: DLR share of unconsolidated joint venture debt Add: Capital lease obligations Less: Unrestricted cash Net Debt as of September 30, 2020 Net Debt/LQA Adjusted EBITDA (iii) Adjusted EBITDA (iii) Net loss available to common stockholders Γ DIGITAL REALTY. L Interest expense Loss from early extinguishment of debt Taxes Depreciation and amortization EBITDA $ 44,178 77,848 49,576 3,322 359,915 534,839 Unconsolidated JV real estate related depreciation & amortization Unconsolidated JV interest expense and tax expense 21,471 12,143 Severance accrual and equity acceleration and legal expenses Transaction and integration expenses 606 19,290. Gain on sale / deconsolidation Noncontrolling interests (1,684) Other non-core adjustments, net (23,842) 1,818 Preferred stock dividends, including undeclared dividends Adjusted EBITDA 13,514 $ 578,156 LQA Adjusted EBITDA (Adjusted EBITDA x 4) $ 2,312,623 $ QE 12/31/20 13,304,717 574,055 239,846 (108,501) $ 14,010,117 6.1x 0000 Fixed Charged Ratio (LQA Adjusted EBITDA/total fixed charges) GAAP interest expense plus capitalized interest Preferred dividends. Total fixed charges QE 12/31/20 99,067 13,514 112,581 Fixed charge ratio 5.1x 54
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