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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 September 30, 2021 Net Debt/LQA Adjusted EBITDA (iii) (iii) Adjusted EBITDA QE 9/30/21 $14,087,539 684,666 221,390 (278,690) $14,714,905 Net Debt as of September 30, 2021 Net Debt/LQA Adjusted EBITDA - As Adjusted QE 9/30/21 $ 14,714,905 Less: Gross Proceeds from Forward Equity Less: Gross Proceeds from sale of assets to SREIT Plus: DLR share of SREIT debt $ (950,000) $ (960,000) $ 145,250 6.0x Net Debt as of September 30, 2021 (As Adjusted) $ 12,950,155 Net Debt/LQA Adjusted EBITDA (iii) (As Adjusted) 5.4x (iii) Adjusted EBITDA Net loss available to common stockholders Interest expense $ 124,096 Adjusted EBITDA as of September 30, 2021 $ 610,076 71,417 Loss from early extinguishment of debt Taxes 13,709 Less: EBITDA from assets sold to SREIT Adjusted EBITDA (As Adjusted) $ (10,250) $ 599,826 Depreciation and amortization 369,035 EBITDA 578,257 LQA Adjusted EBITDA (Adjusted EBITDA × 4) $ 2,399,302 Unconsolidated JV real estate related depreciation & amortization 21,293 QE 9/30/21 Unconsolidated JV interest expense and tax expense 11,008 Fixed Charged Ratio (LQA Adjusted EBITDA/total fixed charges) Severance accrual and equity acceleration and legal expenses 1,377 Transaction and integration expenses 13,804 Gain on sale / deconsolidation 635 GAAP interest expense plus capitalized interest Preferred dividends Other non-core adjustments, net (28,745) Impairment of investments in real estate Noncontrolling interests Preferred stock dividends, including undeclared dividends Total fixed charges Fixed charge ratio 2,266 10,181 94,360 10,181 104,541 5.8x (Gain) on redemption of preferred stock Adjusted EBITDA LQA Adjusted EBITDA (Adjusted EBITDA x 4) QE 09/30/21 $ 610,076 Fixed Charged Ratio (LQA Adjusted EBITDA/total fixed charges) - As Adjusted Total fixed charges 104,541 $2,440,302 Less: Lower Interest from debt reduction with Forward Equity proceeds (122) Less: Lower Interest from debt reduction with SREIT proceeds (2,342) 399 Γ L DIGITAL REALTY. Plus: DLR share of interest in SREIT debt Total fixed charges (As Adjusted) Fixed charge ratio (As Adjusted) 102,476 5.9x 57
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