3QFY21 Business Update

BUSINESS UPDATE 3Q FY21 Highlights¹ SA $ +8% Monthly Recurring Revenue 2 $6.3M $6.8M +8% Annualised Revenue 3 +4% Total Number of Customers 2,117 $75.0M $81.0M 2,043 31 DEC 2020 31 MAR 2021 31 DEC 2020 31 MAR 2021 31 DEC 2020 31 MAR 2021 +5% Total Number of Ports 6,691 7,037 +4% Total Number of Services 4 19,278 20,056 +1% Total Installed Data Centres 5 386 390 31 DEC 2020 31 MAR 2021 31 DEC 2020 31 MAR 2021 31 DEC 2020 31 MAR 2021 1. Refer to 3Q FY21 Global Update released to ASX on 22 April 2021 for more details. 2. Monthly Recurring Revenue (MRR) is revenue (excluding one-off and non-recurring revenue) for the last month of the relevant period. 3. Annualised Revenue is MRR for the month multiplied by 12 4. Total Services comprises of Ports, Virtual Cross Connections (VXCs), Megaport Cloud Router (MCR), and Internet Exchange (IX) 5. Installed Data Centres are Data centres in which Megaport has a Point of Presence with physical networking hardware. Megaport 12

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