Cyxtera SPAC Presentation Deck

Highly Attractive Business Model Predictable & Growing Top-Line Robust Operating Leverage Success-Based Capital Deployment Significant Upside Potential Meaningful Delevering Cyxtera ● ● ● 90% + recurring revenue, attributable to long-term customer relationships-average tenure of 13+ years for Top 50 customers Recently renewed and extended Lumen MSA for 5 years Expansion development of customer ecosystem driving Interconnection growth and higher Occupancy Interconnection Revenue as a % of Total Revenue expected to increase from 10% to 15% by 2025 Occupancy % estimated to ramp from mid-60's in 2021 to 80%+ by 2025 Sales focus, combined with robust network effects, enhancing customer stickiness have stabilized Core Churn (avg. monthly 0.8% of MRR) -30% of cost structure is variable-high revenue flow-through from Occupancy and Interconnection growth resulting in considerable margin expansion (~800 bps through 2025) Interconnection margin is 95% + Projected Adjusted EBITDAR and Adjusted EBITDA margins of ~48% and ~40%, respectively, by 2025 Management plan supported by ample available capacity, significantly reducing CapEx requirements in the near-term More than 70% of CapEx is success-based (i.e., expansions, customer installations, and site enhancements) Expansion CapEx primarily utilized to develop existing data center sites, affording more efficient levels of CapEx intensity Maintenance CapEx at -3% of Revenue Ability to organically grow EBITDA at above industry average levels within existing footprint Considerable upside potential from new market expansion and inorganic initiatives, which are not contemplated in the current plan Transaction proceeds used to fully paydown Revolver and retire Second Lien Term Loan Further delevering from increased EBITDA and Cash Flow resulting from top-Line growth combined with strong operating leverage Target Financial Net Leverage in the 3x Adj. EBITDA range 49

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