Smart People Buy Dumb Pipes

the on-net corporate IP & VPN opportunity Market Players Competitors Lumen Technologies • Bell Canada • • Verizon • AT&T . Location Comcast Spectrum • 1,860 Class A MTOBS in city core • 100+ cities in North America Customers Located in City Core Professional/Financial Services Strong Credit Cogent Advantages • Price per connection is relatively equivalent • Superior reliability: ring architecture; fiber; electronics 3x more reliable, on-net, than competitors • Significant speed advantage: 2.5x to 65.0x • Faster installation: Avg. installs 13 - 15 days vs 90 days Real time monitoring Growth Opportunity Industry leading SLAs Growing Addressable Market Growth in on-net MTOB SqFt in Millions 1,007 • Potential market: over 93,000 MTOB tenants 1,000 Q1 2010 • Favorable trends: Cloud, SaaS, WFH, Virtual Business (Zoom), IoT 800 597 600 • Superior speed, service, uptime, install SLAs 400 Cogent wins over 40% of all On-Net proposals cogent Smart People Buy Dumb Pipes 200 0 Q3 2023 CAGR: 3.9% 4

View entire presentation