Infratil Limited · NZX:IFT
Infratil — Investor Presentation (March 2026)
33 slides from Infratil's investor presentation, Mar 26, 2026
Slide 1: CDC investor presentation and guidance update
26 March 2026 CDC investor presentation and guidance update Infratil is holding a briefing for analysts and institutional investors in Sydney from 9am AEST today, featuring the attached presentation from Australasian data centre operator CDC. Infratil CEO Jason Boyes said data centre demand thematic
Slide 2: Investor Presentation
For personal use only 1 Investor Presentation 26 March 2026 Greg Boorer Founder and CEO cdc.com
Slide 3: Important notice and disclaimer
CDC Investor Day Presentation 2 Important notice and disclaimer For personal use only Material contained herein is intended to be general background information on CDC, its related bodies corporate (as defined i n t he Corporations Act 2001) and its activities as at the date of this document. Materi
Slide 4: Agenda
CDC Investor Day Presentation 3 Agenda For personal use only 04 Introduction 07 Growth Trajectory 20 Achievements 29 Questions CDC Progress. Secured.
Slide 5: Our ANZ Presence
CDC Investor Day Presentation 4 Our ANZ Presence Sydney Marsden Park For personal use only Canberra Hume 18 Hume One: MP1 MP2 MP3 Operational HU1 HU2 HU3 data centres Hume Two: MP4 MP5 MP6 HU4 HU5 HU6 Sydney Eastern Creek 5 Canberra Canberra Fyshwick EC1 EC2 EC3 Data centres under construction EC4 E
Slide 6: CDC Value Proposition
CDC Investor Day Presentation 5 1 Security 2 Availability 3 Optionality For personal use only 4 Ecosystem 5 Sustainability 6 Scale CDC Value Proposition CDC continues to offer a market - leading, differentiated offering to our customers , building 7 Densification on our existing track record. CDC Pr
Slide 7: Track record of development at scale
CDC Investor Day Presentation 6 Track record of development at scale across multiple campuses and regions For personal use only 2008 2015 2018 2022 2022 2024 2024 2024 2025 2026 Eastern Marsden Hume Fyshwick Silverdale Hobsonville Beard Brooklyn Laverton Maddington Creek Park CDC’s first Fyshwick 1
Slide 8: Growth Trajectory
For personal use only Trajectory. Growth
Slide 9: AI "5-Layer Cake"
CDC Investor Day Presentation 8 AI “5 - Layer Cake” For personal use only CDC plays a critical role in the intelligence generation economy: Applications Models Finance / Capital Chips Infrastructure Energy CDC Logos illustrative only. Progress. Secured.
Slide 10: AI Evolution Roadmap
CDC Investor Day Presentation 9 AI Evolution Roadmap For personal use only Physical AI Agentic AI Speech recognition, computer vision, image classification etc Generative AI Perception AI CDC Logos illustrative only and do not represent CDC customers. Progress. Secured.
Slide 11: AI is already a part of our world, but we are still early stage
CDC Investor Day Presentation 10 AI is already a part of our world, but we are still early stage For personal use only Enterprise accelerating AI Cost per token is decreasing, Agentic AI is here and growing adoption to avoid AI - driven improving profitability for AI rapidly in capability disruption
Slide 12: Demand continues to grow at scale
CDC Investor Day Presentation 11 Demand continues to grow at scale For personal use only Hyperscaler Capital Expenditure 2018 - 2026F Incremental global IT load demand for ($bn USD) 1 data centres (GW) 2 800 80 73 - 79 700 70 600 60 50 - 58 500 50 400 35 - 41 40 300 30 21 200 20 10 100 10 5 6 0 0 20
Slide 13: Demand continues to outweigh supply in ANZ
CDC Investor Day Presentation 12 Demand continues to outweigh supply in ANZ For personal use only Foundational Ecosystem AI Ecosystem Total ANZ Capacity Pipeline – Major Colocation Data Centre Providers (MW) 1 AI Superapps Frontier Labs 2750 Neoclouds Semiconductor Firms Hyperscale AI Hyperscale clo
Slide 14: Increasing value of DC portfolio: Densification opportunities
CDC Investor Day Presentation 13 Increasing value of DC portfolio: Densification opportunities For personal use only Increases in rack densities allow data centre providers to fit more capacity in their footprints, subject to infrastructure and energy headroom Blackwell Feynman ~130 - 250kW ~580kW+
Slide 15: Increasing value of DC portfolio: Infrastructure opportunities
CDC Investor Day Presentation 14 Increasing value of DC portfolio: Infrastructure opportunities For personal use only Customer willingness to operate hardware at higher temperatures due to technological and cooling system advancements could free up power for IT loads 19 MW 30 MW 20 MW 11 MW Extra IT
Slide 16: Leading on AI & CDC's liquid cooling advantage
CDC Investor Day Presentation 15 Leading on AI & CDC’s liquid cooling advantage For personal use only NVIDIA Vera Rubin How CDC Deploys 100% Liquid Cooled CDC’s closed - loop cooling technology enables rapid deployment of 100% liquid cooled hardware across all our facilities CDC has achieved NVIDIA
Slide 17: Industry Leadership in Water Efficiency
CDC Investor Day Presentation 16 Industry Leadership in Water Efficiency For personal use only Sustainability 01 Our unique cooling system results in billions of litres of water every year being available for the benefit of other sectors of the economy, as well as the communities around our campuses
Slide 18: CDC is actively engaging with energy stakeholders
CDC Investor Day Presentation 17 CDC is actively engaging with energy stakeholders For personal use only 01 02 03 Securing power + Infrastructure Renewable supply storage timelines CDC Progress. Secured.
Slide 19: Customers continue to seek CDC's differentiated capacity
CDC Investor Day Presentation 18 Customers continue to seek CDC’s differentiated capacity For personal use only ■ CDC’s ■ Customer differentiation demand Total ANZ Operating Capacity – Major Colocation Data Centre Providers (MW) 1 568 ■ Development CDC Provider 1 Provider 2 Provider 3 Provider 4 Pro
Slide 20: Established talent hubs and supply chains are our advantage
CDC Investor Day Presentation 19 Established talent hubs and supply Teams already in place enable faster expansion chains are our advantage in existing and new markets For personal use only Faster time - to- market enabled by platform First campus expansion underway 2 campuses maturity and standardi
Slide 21: Expectations of Data Centres and AI Infrastructure Developers
CDC Investor Day Presentation 20 Expectations of Data Centres and AI Infrastructure Developers For personal use only CDC is already leading on Australian Government’s new data centre rules: Business and ownership alignment 1. Prioritising Australia's national interest. with national interest. Alread
Slide 22: Achievements
For personal use only Achievements.
Slide 23: CDC Growth
For personal use only CDC Investor Day Presentation 22 CDC Growth • Completed work at BK2, BE1 and HV2 • First of 6 buildings complete at Marsden Park • New Perth region - construction underway at Maddington campus CDC Progress. Secured.
Slide 24: Customers
For personal use only CDC Investor Day Presentation 23 Customers • Strengthened and diversified our customer base across priority markets • Contracted new capacity across all regions • Ongoing focus on customer satisfaction and long - term relationships CDC Progress. Secured.
Slide 25: People
For personal use only CDC Investor Day Presentation 24 People • A deeply embedded high - performance culture across our regional platform • Scaled organisational capability to support sustained growth • Continued investment in new functions and capabilities to underpin expansion • CDC Academy contin
Slide 26: Development
For personal use only CDC Investor Day Presentation 25 Development • Accelerated construction across our regions • Expanded the development pipeline across our platform • Strengthened our track - record and reputation of delivering large - scale projects across multiple regions CDC Progress. Secured
Slide 27: Sustainability
CDC Investor Day Presentation 26 Sustainability For personal use only • Water Usage Effectiveness (WUE) of 0.01 • Toitū net carbonzero and Toitū enviromark diamond certifications renewed in NZ – targeting Net Zero Carbon across platform by 2030 • 100% renewable electricity offered to customers by de
Slide 28: Data Centres as Enabling Infrastructure
For personal use only CDC Investor Day Presentation 27 Data Centres as Enabling Infrastructure • $12.6bn gross value added per TWh of energy consumed • Only 2% of Australia’s annual energy consumption is data centre usage • $7.2bn invested in grid infrastructure by 2030 CDC Figures sourced per ‘’Dat
Slide 29: Financial Performance
CDC Investor Day Presentation 28 Financial Performance For personal use only • FY2 7 EBITDAF guidance set at A$ 680 - 720m • FY26 EBITDAF expected at lower end of guidance, driven by timing of contracts • Strong earnings trajectory into FY28 & beyond • A$ 500m equity raised in February 2026, support
Slide 30: Outlook
CDC Investor Day Presentation 29 Outlook Core focus areas in the period ahead For personal use only Agility at scale 1 Maintaining our edge when it comes to development, unlocking capacity and responding to customer priorities for large scale footprints in more locations. Customers at scale 2 Expand
Slide 31: Questions
For personal use only Questions. cdc.com 0 3
Slide 32: Tour Logistics
For personal use only Tour Logistics. cdc.com
Slide 33: For personal use only
For personal use only