Cyxtera SPAC Presentation Deck

Increasing Occupancy Drives Significant EBITDA Growth 2020 Occupancy Bridge 66.4% Jan 2020 +3.4% Existing Markets -0.4% New Markets -2.3% Lumen 67.1% Dec 2020 Cyxtera (1) Assumes fixed revenue per sq. ft. and 70% EBITDA margin on incremental revenue. Growing Occupancy Creates Substantial Value (¹) ($ in Millions) Current Occupancy $220 67% 26% EBITDA Uplift $57 $220 75% 2021E Adj. EBITDA EBITDA Uplift from Occupancy Increase 54% EBITDA Uplift Utilization $118 $220 80% 77% EBITDA Uplift $170 $220 85% 54

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