Investor Presentaiton

CDC New Zealand CDC is expanding into New Zealand with the construction of two 10MW+ DCs in Auckland CDC is entering the New Zealand market with a NZ$300m+ initial investment that brings the same secure, resilient, quality data centre design to New Zealand • CDC is focussed on transferring its design, construction and operational DNA whilst spending locally with NZ suppliers and builders to create NZ jobs and reduce project delivery risk; ~250 workers on site during peak of construction and a total of ~1,200 workers throughout the construction of each site • CDC will focus on a similar critical infrastructure market that it understands well • CDC has secured sizeable pre-let capacity commitments, with additional reserved capacity at both sites underwriting the investment • The New Zealand commercial landscape presents future opportunity technology export sector is growing by more than $1bn p.a. and is now New Zealand's 3rd largest export sector [1] Government has highlighted the importance of the tech sector to COVID19 recovery with investment expected The Privacy Act 2020 strengthens privacy protections which will give precedence to secure and local data processing and retention • Changes to IT requirements in the banking sector • One site has additional land which can be progressively developed in line with customer growth CDC has begun construction and has extended construction timelines to defray the greater delivery risk in light of COVID19 with income forecast from the end of FY2022 [1] Ministry of Business, Innovation & Employment - The Investor's Guide to the New Zealand Technology Sector 2019 Edition cat DATA CENTRES 9

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