Slide 1: Leading Provider of Next-Gen Datacenters for High-Performance Computing Applications
INVESTOR PRESENTATION May 2023 Leading Provider of Next-Gen Datacenters for High-Performance Computing Applications
Slide 2: Disclaimer
DISCLAIMER This presentation has been designed to provide general information about Applied Digital Corporation (“Applied Digital” or the “Company”). Any information contained or referenced herein is suitable only as an introduction to the Company. The information contained in this presentation is f
Slide 3: Disclaimer
DISCLAIMER “EBITDA” is defined as earnings before interest, taxes, and depreciation and amortization. “Adjusted EBITDA” is defined as EBITDA adjusted for stock-based compensation, gain on extinguishment of accounts payable, loss on extinguishment of debt, and one- time professional service costs not
Slide 4: Overview
4 • Leading Digital Infrastructure and Colocation Provider of U.S.-based Next-Generation Datacenters • Next-Generation Datacenters are Optimized for High Performance Computing (HPC) Applications • AI, Machine Learning, Graphics Rendering, Web 3.0 & Other HPC Workloads • 100MW online – Nearly 400MW U
Slide 5: Datacenter: Traditional vs Next-Gen
o Requires Infrastructure Built to Support Significant Energy Consumption o Better Suited for More Remote Geographies o Do not Require Low Latency Connection, Purpose-Built for HPC Applications 5 • Low-Power Density Design not Optimal for HPC Demands • Often Located Near Major Cities w/ High Power C
Slide 6: Applied Digital: Leading the Datacenter Evolution
APPLIED DIGITAL: LEADING THE DATACENTER EVOLUTION 6 Traditional Centers Purpose-Built for These Markets Next-Generation Datacenters Web 1.0 Web 2.0 High Performance Compute o Internet Backbone o Individual Servers o Buffering and Waiting • Internet Backbone • Centralized Data • Streaming Apps- Insta
Slide 7: Business Overview
Business Overview AI Based Cloud Service Next-Gen HPC Datacenters Bitcoin Datacenters Providing Cloud Services Applicable to Artificial Intelligence • Multi-Billion Revenue Opportunity • 40% Operating Margin HPC Datacenters with Efficient Cost Effectiveness • 200 MW in Development • $200MM of Revenu
Slide 8: HPC Market Opportunity
HPC MARKET OPPORTUNITY 8 “High-Performance Computing Has Become Crucial to a Competitive Advantage in Every Industry” - Forbes Source: Verified Market Research 2030 $65.12B Artificial Intelligence Deep Learning Machine Learning
Slide 9: Investment Highlights
INVESTMENT HIGHLIGHTS 9 Nearly 500MW online / under development, yielding pathway to $100 million of annualized Adjusted EBITDA1 in first half of calendar 2023 Dedicated power / infrastructure team with deep expertise in building Next-Gen datacenters Next-Gen datacenters are ideal for hosting high p
Slide 10: Investor Relations Contacts
10 INVESTOR RELATIONS CONTACTS