Core Scientific, Inc. · NASDAQ:CORZ

Core Scientific — Core Scientific, Inc./tx — Merger or Acquisition (July 2025)

8 slides from Core Scientific's merger presentation, Jul 7, 2025

  1. Slide 1: CoreWeave Acquisition of Core Scientific

    CoreWeave Acquisition of Core Scientific July 2025 1

  2. Slide 2: Safe Harbor

    2 Safe Harbor Important Information about the Transaction and Where to Find It In connection with the proposed transaction between CoreWeave, Inc . (“CoreWeave”) and Core Scientific, Inc . (“Core Scientific”), CoreWeave and Core Scientific will file relevant materials with the U . S . Securities and

  3. Slide 3: Transaction Summary and Vision

    Transaction Summary and Vision 3 Financial Impact • Immediate elimination of $10B+ of future lease overhead to be paid for existing contractual sites • Leverage neutral while opening access to diverse financing sources at more attractive cost of capital Approval & Timing • Subject to regulatory appr

  4. Slide 4: Core Scientific: A Leading Data Center Infrastructure Provider

    4 ~840MW Existing HPC gross power supporting data center power capacity 1 1GW+ Potential expansion gross power available to support incremental data center capacity 2GW+ Gross Power Includes ~1.3GW of existing capacity with an incremental 1GW+ of potential expansion gross power available 300+ Employ

  5. Slide 5: Verticalizing Data Center Footprint Ownership to Future-Proof Revenue Growth

    + Verticalizing Data Center Footprint Ownership to Help Future - Proof Revenue Growth and Enhance Core Profitability Power Ownership & Optionality CoreWeave will gain greater control over a critical power footprint and optionality for future power capacity Expanded Expertise Core Scientific augments

  6. Slide 6: Acquisition Strengthens Our End-to-End Platform

    Confidential information – Do not distribute Managed Software Services Infrastructure Services Data Centers Application Software Services Bare Metal VPC CKS LOTA Nimbus Bluefield DPUs InfiniBand NVlink GB200 Liquid Cooling Mission Control FLCC NLCC Mission Control & Observability AI - Modular Design

  7. Slide 7: $500M+ Estimated Annual Run Rate Cost Savings by End of 2027

    7 $500M+ Estimated Fully Ramped, Annual Run Rate Cost Savings by the End of 2027 + Lease Overhead Elimination ( Day 1 Realization ) Synergized Operating Expenses (Ongoing Realization) - Significant Margin Expansion Potential

  8. Slide 8: Delivers Capacity Upside Optionality and Unlocks More Efficient Financing

    8 1GW+ Potential Gross Power Expansion o ~350MW of additional digital asset mining capacity able to be converted or potentially divested o 700MW+ of incremental power available at current CoreWeave sites o ~100MW of incremental power at non - CoreWeave sites ~$5B Committed Capex Unlocked for More Ef

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