Sharonai Holdings, Inc. · NASDAQ:SHAZ
Sharonai — Q2 2026 Earnings Presentation
22 slides from Sharonai's earnings presentation, Aug 6, 2026
Slide 1: 2Q 2026 Results Presentation
2Q 2026 Results Presentation 6 August 2026
Slide 2: Disclaimers
Disclaimers This presentation (this “Presentation”) is provided solely for information purposes only and does not constitute an offer to sell, a solicitation of a n offer Use of Proj ections to buy, or a re comme ndation to purchase any equity or debt. This Pre se nta tion may contain projecte d fin
Slide 3: Agenda and Presenters
Agenda and Presenters 01 2Q 2026 & Subsequent Highlights P RES EN TER 02 Business Overview James Manning Co-Founder & 03 Customer & Contract Momentum Chief Executive Officer 04 Partnerships & Capacity 05 Capital Strategy 06 Outlook 2Q 26 R ES U LT S – 6 A U GU ST 2026 3
Slide 4: 2Q 2026 & Subsequent Highlights
2Q 2026 & Subsequent Highlights 212MW 64,000+ ~US$2.2bn US$8.8bn Total capacity · 120MW contracted GPUs expected for deployment by mid-2027 Capital secured since Dec 2025 TCV executed YTD CU S TO M E R M O M EN TU M PL AT FO RM SCAL E CA P I TA L & GO V E RN A N CE — Six-year strategic compute colla
Slide 5: Sharon AI Overview
Sharon AI Overview An Australian Neocloud operator, purpose-built to power the next generation of artificial intelligence and high-performance computing WHA T WE DO WHY WE WIN PR O OF PO INT S • Design and operate AI-native infrastructure • Leading NVIDIA Cloud Partner in Australia optimised for lar
Slide 6: AI Cloud Success Drivers
AI Cloud Success Drivers Access to GPUs, grid-constrained high-density power, tightening data regulation and capital intensity create high barriers to entry in the global Neocloud and GPU-as-a-Service markets — Sharon AI is well positioned on each 01 GPU Allocation 02 Power Access 03 Regulations 04
Slide 7: Six-Year Strategic Collaboration with NVIDIA
Six-Year Strategic Collaboration with NVIDIA 72MW 40,000 — Strategically facilitates compute access to AI native and enterprise ecosystem — Reinforces supply certainty through the NVIDIA Cloud Partner (NCP) 6yr US$4.9bn program — The six-year MSA is an anchor commitment that de-risks the hardware bu
Slide 8: NVIDIA as an Anchor, Not a Ceiling
NVIDIA as an Anchor, Not a Ceiling HOW T HE ANC HOR C OM MIT ME NT CO MPOU NDS 01 02 03 04 Anchor De-risked financing Upsell Compounding economics 2Q 26 RE SULTS – 6 A UGUST 2026 8
Slide 9: Illustrative Customer Contract Lifecycle
Illustrative Customer Contract Lifecycle Take-or-pay contracting means customers pay monthly for reserved capacity, ensuring 100% utilization once deployed — and the switching costs built into the platform make re-contracting a natural outcome at the end of each term 01 · Month 1 02 · Months 1–4 03
Slide 10: A Partner Ecosystem Built for Scale
A Partner Ecosystem Built for Scale Sharon AI orchestrates a best-in-class ecosystem — compute, data centers, networking, data platform, integration and hardware — around a single AI Cloud infrastructure platform GPUs · Enablement Data Centers Data Platform · 600PB A I C L O UD I N FRA S T RU CT U R
Slide 11: Rising Secured Capacity with Growing Pipeline
Rising Secured Capacity with Growing Pipeline Secured AI Factory capacity has scaled ~4x in 2026 YTD, with contracted capacity accelerating sharply as deployments come onl ine Contracted Capacity Announced Capacity 212MW +80MW Capacity upgrade 132MW 132MW 116MW 120MW 100MW 102MW 70MW 54MW 30MW 18MW
Slide 12: Contracted Revenue
Contracted Revenue C UM ULA T IVE CON T RAC T E D T C V (U S $ ) +$0.4bn ~$8.8bn +$1.32bn 92MWs +$4.9bn Remains uncontracted +$0.95bn +$1.3bn Q1 2026 May 2026 Jun 2026 Jul 2026 Aug 2026 Contracted TCV ESDS · Canva · GMI Global tech co. NVIDIA Anchor Global AI lab Global AI platform 2Q 26 RE SULTS –
Slide 13: Financing the Build-Out
Financing the Build-Out ~$2.2bn Capital raised since Dec 25 Dec 2025 · Convertible notes $103m Jan 2026 · TCDC divestment $74m Feb 2026 · Nasdaq IPO $125m Apr 2026 · Convertible notes $350m — Builds on the US$350m convertible note and US$125m Nasdaq IPO earlier in 2026 Jun 2026 · Strategic financing
Slide 14: Outlook
Outlook 01 Demand continues to materially outweigh supply, with 03 Revenue is expected to ramp materially from the third 212MW capacity secured for deployment by end of 2027 and quarter of 2026 through 2027 as larger scale deployments contracting visibility now extending through 2031 come online 02
Slide 15: Q&A
Q&A
Slide 16: 2Q 2026 Financial Summary
2Q 2026 Financial Summary US$ in millions METRI C 2Q 20 25 2Q 20 26 Yo Y Δ Revenue 0.4 1.9 1.6 Cost of revenue 0.4 0.8 0.4 Gross profit (loss) (0.0) 1.2 1.2 Loss from operations (2.6) (12.1) (9.5) Net loss1 (2.6) (430.4) (427.8) Adjusted EBITDA (Non-GAAP) (1.7) 0.6 2.3 De c 31 , 20 25 Jun e 30 , 20
Slide 17: Condensed Statement of Operations — Three Months Ended June 2026
Condensed Statement of Operations — Three Months Ended 30 June 2026 Unaudited · US$ in thousands, except per share data · Prepared in accordance with U.S. GAAP US$ in thousands Q2 FY26 Q2 FY25 Variance ($) Var % Revenue $1,931 $377 $1,554 412% Cost of revenue $762 $398 $364 91% Gross profit (loss) $
Slide 18: Condensed Balance Sheet — As at June 2026
Condensed Balance Sheet — As at 30 June 2026 Unaudited · US$ in thousands · Line items aligned to statutory chart of accounts ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) US$ in thousands Jun 2026 Dec 2025 Movement US$ in thousands Jun 2026 Dec 2025 Movement Current assets Current liabiliti
Slide 19: Adjusted EBITDA — Non-GAAP Analysis
Adjusted EBITDA — Non-GAAP Analysis · 30 June 2026 Removes the impact of fair value remeasurements, foreign currency movements and other non-operating items Reconciliation — US$ in thousands Q2 FY26 Q2 FY25 Q2 FY26 Adjusted EBITDA Net loss (430,369) (2,589) $0.59m + Income tax expense (benefit) + Ne
Slide 20: Reconciliation of Non-GAAP Adjustments — June 2026
Reconciliation of Non-GAAP Adjustments — 30 June 2026 Detail of each fair value, foreign currency and non-recurring item removed in arriving at Adjusted EBITDA Q2 FY26 Q2 FY25 Adjustment Nature Cash / Non-cash (US$ '000) (US$ '000) + Share-based compensation 2,671 489 Equity-settled employee awards
Slide 21: Global Reach: Instant Performance
Global Reach: Instant Performance Low-latency connectivity with UK JP seamless direct cloud on- 266ms EU KR 99ms 238ms 175ms US West ramps. 149ms US East 206ms HK TW 127ms Global fiber connectivity UAE 132ms 269ms provides for world-wide SG 92ms training and Asia-Pacific inference capabilities. Late
Slide 22: Investors
Investors investors@sharonai.com Media media@sharonai.com