Investor Presentaiton

QUARTERLY OVERVIEW KEY PERFORMANCE INDICATORS (AUD) Incremental KPIs 3QFY23 2QFY23 YTD23 YTD22 Customers 72 39 168 256 Customer Ports¹ 188 368 740 1,323 MCR MVE 34 (4) 71 168 Total Services 20 25 (1) 46 38 607 762 2,312 4,224 For personal use only Summary Financials MRR2 Revenue Reported EBITDA³ Normalised EBITDA4 Megaport 3QFY23 2QFY23 QoQ YTD23 $'M AUD $'M AUD % $'M AUD YTD22 $'M AUD YOY % 14.1 12.4 14% 14.1 9.5 48% 38.1 37.0 3% 108.8 79.1 38% 7.2 2.4 200% 10.6 (12.1) n.m. 5.0 2.4 108% 8.4 (12.1) n.m. 1. Customer Ports exclude consolidation of legacy strategic ports as part of our transition to 100Gb cloud on-ramp interconnections. Net ports additions were 22 in 3QFY23 and 203 in 2QFY23. 2. Monthly Recurring Revenue for the last month of the relevant quarter 3. Reported Earnings Before Interest Tax Depreciation and Amortisation ("Reported EBITDA") represents operating results excluding equity-settled employee and related costs, foreign exchange gains and losses, gains and losses on disposal of property, plant and equipment, and certain non-recurring non-operational expenses. 4. Normalised Earnings Before Interest Tax Depreciation and Amortisation ("Normalised EBITDA") represents Reported EBITDA that has been adjusted (reduced) for certain one-off accrual reversals. UNAUDITED KEY PERFORMANCE INDICATORS FOR THE QUARTER ENDED 31 MARCH 2023 MRR grew 14% QoQ, up $1.7M to $14.1M in March 2023, mostly driven by Cloud VXC repricing Revenue of $38.1M up $1.1M, 3% from 2QFY23 and 38% from 3QFY22. EBITDA³ of $7.2M, 19% of revenue (2QFY23: $2.4M, 6% of revenue) These results add to the continued strengthening of EBITDA³ positive growth, resulting in $10.6M YTD for 3QFY23 PAGE 4

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