• Megaport's subsidiary Latitude.sh secures major 36-month, $35.4M compute and storage contract
• Compute ARR increased 31% to $82.7M, with significant lift in contracted revenue
• Megaport Network ARR up 23% to $272M, excluding India up 20%

Megaport Limited (ASX: MP1), a leading global automated infrastructure platform, announced that its wholly owned subsidiary, Latitude.sh, has secured a major new customer contract for compute and storage. The customer has signed a 36-month contract with a total value of approximately USD$25.1M (AUD$35.4M), representing approximately USD$8.4M (AUD$11.8M) in Annualised Recurring Revenue (ARR). Under Megaport's ownership, Latitude.sh has experienced rapid growth, with Compute ARR for the platform's on-demand product, excluding this strategic deal, increasing 31% to USD$58.7M (AUD$82.7M) from USD$45.0M (AUD$68.0M) on 31 December 2025. The recent increase in ARR has seen a significant lift in the proportion of contracted revenue compared to historical month-to-month business. Latitude.sh is well-positioned to continue capturing the unprecedented AI-driven demand for CPU, GPU, and storage. Megaport Network also continues to perform strongly, with Megaport Network ARR (including India) of AUD$272.0M at 31 March 2026, up 23% on a constant currency basis compared to 31 March 2025. Excluding India, Network ARR increased 20% on a constant currency basis.

Megaport reaffirms the FY26 Revenue and EBITDA guidance for the combined Group provided in the H1 FY26 half year results announcement. FY26 Group Capex guidance of between AUD$90M - $100M remains unchanged, excluding this strategic deal. To the extent that equipment acquired for this new contract is delivered prior to 30 June 2026, FY26 Group Capex could increase by up to AUD$17.2M.