• Secured three major GPU, CPU, network, and storage contracts across two customers
• Combined total contract value of approximately USD$182.9M (AUD$254.0M)
• Represents approximately USD$65.2M (AUD$90.6M) in Annualised Recurring Revenue

Megaport Limited (ASX: MP1), a leading global automated infrastructure platform, has announced that its wholly owned subsidiary, Latitude.sh, has secured three major GPU, CPU, network, and storage contracts across two customers. These binding, fixed-term contracts secure committed long-term revenue irrespective of usage, delivering strong returns and aligning with Megaport's infrastructure and capital deployment strategies. The contracts represent a combined total contract value (TCV) of approximately USD$182.9M (AUD$254.0M), representing approximately USD$65.2M (AUD$90.6M) in Annualised Recurring Revenue (ARR). Two of the contracts, representing approximately 90% of the TCV, have 36-month initial terms, while the third contract has a 24-month contract term. The combination of Megaport's foundational network infrastructure automation with Latitude.sh's compute and storage capabilities has created a global automated infrastructure platform, enabling the combined Group to pursue and secure new value-accretive opportunities. Megaport's global platform spans more than 1,100 data centre locations and delivers rapid deployment, ultra-low latency, and dedicated high-performance infrastructure, which are critical for large enterprises and the next generation of global hyperscalers that require distributed compute at scale, close to their end markets. Megaport will fund the USD$101.0M (AUD$140.3M) in incremental capital expenditure via a combination of existing cash reserves and available capacity under a committed, newly-upsized AUD$150.0M debt facility.

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 and $100M remains unchanged, excluding these customer contracts and a recent strategic deal. To the extent that equipment acquired for these new contracts is delivered prior to 30 June 2026, FY26 Group Capex could increase by up to a further AUD$140.3M.

Megaport is becoming an essential platform for powering the applications of tomorrow with globally distributed, automated infrastructure, whether supporting AI, edge compute, or anyone requiring instant global reach and performance. Megaport is a one-stop platform for the AI ecosystem, providing on-demand, software-enabled performance of dedicated hardware with the flexibility of a global network.