• Raised approximately A$1.0 billion through the Institutional Entitlement Offer
• Strong support from Eligible Institutional Shareholders with a take-up rate of approximately 98%
• Proceeds to fund NEXTDC's record 544MW pro forma Forward Order Book as at 31 March 2026

NEXTDC Limited (ASX: NXT) has announced the successful completion of the institutional component (the 'Institutional Entitlement Offer') of its fully underwritten 1 for 5.4 pro-rata accelerated non-renounceable entitlement offer of new fully paid ordinary shares ('New Shares'). The Institutional Entitlement Offer raised gross proceeds of approximately A$1.0 billion. The Institutional Entitlement Offer received strong support from NEXTDC's Eligible Institutional Shareholders, with a take-up rate of approximately 98%. The balance of approximately 2% was allocated to Eligible Institutional Shareholders who elected to bid for additional New Shares over their existing entitlements. NEXTDC's CEO and Managing Director, Craig Scroggie, stated that this equity raising, coupled with the Hybrid Securities Offer and other funding initiatives, provides NEXTDC with a strong liquidity position to fund its record 544MW pro forma Forward Order Book as at 31 March 2026. The fully underwritten retail component of the Entitlement Offer ('Retail Entitlement Offer') is expected to raise approximately A$0.5 billion and will open on 27 April 2026 and close on 11 May 2026. Eligible Retail Shareholders will be invited to participate in the Retail Entitlement Offer at the same Offer Price and offer ratio as the Institutional Entitlement Offer.