Nextdc Limited · ASX:NXT

Nextdc — Shareholder Meeting (November 2023)

53 slides from Nextdc's shareholder meeting presentation, Nov 24, 2023

Slide 2: Board of Directors
BOARD OF DIRECTORS For personal use only DOUGLAS FLYNN STUART DAVIS DR GREGORY CLARK AC JENNIFER LAMBERT NON-EXECUTIVE NON-EXECUTIVE NON-EXECUTIVE NON-EXECUTIVE CHAIRMAN DIRECTOR DIRECTOR DIRECTOR DR EILEEN DOYLE STEVE SMITH MARIA LEFTAKIS CRAIG SCROGGIE NON-EXECUTIVE NON-EXECUTIVE NON-EXECUTIVE CHI
Slide 3: Meet Our Leaders
MEET OUR LEADERS For personal use only CRAIG SCROGGIE DAVID DZIENCIOL SIMON COOPER OSKAR TOMASZEWSKI MICHAEL HELMER CHIEF EXECUTIVE OFFICER CHIEF CUSTOMER AND CHIEF OPERATING CHIEF FINANCIAL COMPANY SECRETARY AND AND MANAGING DIRECTOR COMMERCIAL OFFICER OFFICER OFFICER CHIEF RISK OFFICER OLIVIA MORI
Slide 4: Agenda
AGENDA For personal use only 2023 AGM WELCOME AND INTRODUCTIONS CONDUCT OF MEETING CHAIRMAN’S ADDRESS CEO’S ADDRESS RESOLUTIONS Q&A NEXTDC © Copyright 2023 | Annual General Meeting 2023 4
Slide 7: Vision
For personal use only VISION NEXTDC’s vision is to help enterprises harness the digital age, improving our society through the advancement of technology NEXTDC © Copyright 2023 | Annual General Meeting 2023 7
Slide 8: Purpose
For personal use only PURPOSE NEXTDC’s purpose is to be the leading customer-centric data centre services company, delivering solutions that power, secure and connect enterprise and Government customers. NEXTDC © Copyright 2023 | Annual General Meeting 2023 8
Slide 9: FY23 Highlights
FY23 HIGHLIGHTS For personal use only TOTAL REVENUE UNDERLYING CONTRACTED INTER- EBITDA1 UTILISATION CONNECTIONS2 A$362.4m A$193.7m 122.2MW 17,816 25% 15% 47% 7% Note: All percentage increases are expressed relative to the FY22 results 1. Refer to page 27 of the NEXTDC FY23 results presentation for
Slide 11: Regional Data Centre Platform
REGIONAL DATA CENTRE PLATFORM For personal use only Fully Operational In Development In Planning Under Evaluation NEXTDC © Copyright 2023 | Annual General Meeting 2023 11
Slide 12: A1 Adelaide and D1 Darwin
A1 ADELAIDE AND D1 DARWIN A1 TECHNICAL SPECIFICATIONS Rack Capacity ~1,500 For personal use only Technical Space ~3,000sqm Total power planned ~5MW Target Open Date H1, CY2024 Location 211 Pirie St, Adelaide D1 TECHNICAL SPECIFICATIONS Rack Capacity ~1,500 Technical Space ~3,000sqm Mission Critical
Slide 13: PH1 Port Hedland and NE1 Newman (Pilbara)
PH1 PORT HEDLAND AND NE1 NEWMAN (PILBARA) PH1 TECHNICAL SPECIFICATIONS Rack Capacity ~320 For personal use only Technical Space ~730sqm Total power planned ~1.5MW Open Date 1H FY24 Location 17 Loreto Circuit, Port Hedland NE1 TECHNICAL SPECIFICATIONS Rack Capacity ~180 Technical Space ~700sqm Total
Slide 14: Well Capitalised for Growth
WELL CAPITALISED FOR GROWTH 30 June 23 30 June 22 Cash Flows A$893m A$710m Balance sheet summary (A$m) For personal use only Cash 766 457 Property (land and buildings)1 1,797 1,302 Plant and equipment 946 959 Other assets 340 259 A$766m Total assets 3,850 2,977 Borrowings2 1,365 1,059 A$126m Other l
Slide 15: Generative Artificial Intelligence Is About to Change Everything
For personal use only GENERATIVE ARTIFICIAL INTELLIGENCE IS ABOUT TO CHANGE EVERYTHING NEXTDC © Copyright 2023 | Annual General Meeting 2023 15
Slide 17: Utilisation
UTILISATION Built capacity1 vs contracted utilisation2 Billing3 vs contracted utilisation ▪ 92% of built capacity was contracted at 30 June 2023 ▪ Contracted utilisation up 39.2MW (47%) to 122.2MW since 30 June 2022 For personal use only ▪ 19.5MW of new built capacity added in 12 months to 30 June 2
Slide 19: Equity Raising Strongly Supported
Equity Raising Strongly Supported For personal use only Successfully completed A$618m Entitlement Offer to help fund NEXTDC’s international expansion and accelerated fit-out of S3 NEXTDC © Copyright 2023 | Annual General Meeting 2023 19
Slide 21: A New Benchmark for Sustainability
A NEW BENCHMARK For personal use only FOR SUSTAINABILITY We are dedicated to driving continuous improvements and global leadership in energy efficiency and sustainability. NEXTDC © Copyright 2023 | Annual General Meeting 2023 21
Slide 23: Strong Growth in Customers and Interconnections
STRONG GROWTH IN CUSTOMERS AND INTERCONNECTIONS Number of customers Number of interconnections1 For personal use only 1,820 17,816 16,613 1,613 1,507 14,718 1,324 13,051 1,145 10,972 933 8,671 FY18 FY19 FY20 FY21 FY22 FY23 FY18 FY19 FY20 FY21 FY22 FY23 ▪ Average interconnections per customer remaine
Slide 24: Strong Revenue and EBITDA Growth
STRONG REVENUE AND EBITDA GROWTH Total revenue1 Underlying EBITDA2 For personal use only Project revenue Underlying EBITDA Recurring revenue A$193.7m A$362.4m A$169.0m A$291.0m A$134.5m A$246.1m A$200.8m A$104.6m A$169.7m A$85.1m A$147.3m A$75.6m FY18 FY19 FY20 FY21 FY22 FY23 FY18 FY19 FY20 FY21 FY2
Slide 25: Data Is the Electricity of the 21st Century
DATA IS THE ELECTRICITY OF THE 21st CENTURY For personal use only 90% of the world's data was generated in the last two years NEXTDC © Copyright 2023 | Annual General Meeting 2023 25
Slide 26: The Evolution of Cloud
THE EVOLUTION OF CLOUD For personal use only By 2025 85% of organisations will have adopted a Cloud-first digital agenda – Gartner 2022 Spending on public cloud services in Australia – Gartner $18.7 BILLION In 2022 63% of businesses are running more than 25% of workloads in the cloud – Flexera NEXTD
Slide 27: The Fourth Industrial Revolution
THE FOURTH INDUSTRIAL REVOLUTION For personal use only 1st 2nd 3rd 4th Mechanisation, Mass production, Computer and Cyber physical water power, assembly line, automation systems steam power electricity “The past 250 years has seen a few select inventions, namely the steam engine, electrification and
Slide 28: Megatrends
MEGA MEGATRENDS TRENDS Elastic Networks Blockchain & Crypto Sustainability For personal use only Remote Operations Renewable Energy Digital HQ Sovereign Secured Gaming Internet of Things Digital Health Artificial Intelligence Cloud Computing Decentralised Finance Satellite Edge Computing Virtual & A
Slide 30: Australian Facility and Cloud Connectivity Footprint
AUSTRALIAN FACILITY AND CLOUD CONNECTIVITY FOOTPRINT For personal use only DC Fully Operational DC In Development DC In Planning NEXTDC © Copyright 2023 | Annual General Meeting 2023 30
Slide 32: M2 Melbourne
M2 MELBOURNE TECHNICAL SPECIFICATIONS Technical Space 25,000sqm+ For personal use only Total target IT capacity 100MW Installed capacity 25MW Target PUE 1.101 / 1.282 Design & construction UI Tier IV Design standard UI Tier IV Constructed Facility UI Tier IV Gold for Operational Sustainability Statu
Slide 33: KL1 Kuala Lumpur
KL1 KUALA LUMPUR TECHNICAL SPECIFICATIONS Land area ~42,000sqm For personal use only Total target IT capacity ~18,250sqm Total Power Planned 65MW 1 Target PUE 1.35 Design & construction UI Tier IV Design and Construct standard UI Tier IV Constructed Facility UI Tier IV Gold for Operational Sustainab
Slide 34: Safety Is Everyone's Responsibility
SAFETY IS EVERYONE'S RESPONSIBILITY For personal use only OUR GOAL IS ZERO INJURIES NEXTDC is committed to doing everything necessary to achieve this goal. NEXTDC considers workplace health and safety and incident prevention to be of the utmost importance. It is a vital factor in the ultimate succes
Slide 35: Energy & Environmental Sustainability
ENERGY & NEXTDC'S objectives include: ENVIRONMENTAL • Comply with all applicable legislative and regulatory requirements SUSTAINABILITY For personal use only relating to energy and the environment. • Increase the awareness of how each individual at NEXTDC may contribute towards reducing their impact
Slide 36: Accelerating Innovation and Growth Is No Longer an Option
For personal use only ACCELERATING INNOVATION AND GROWTH IS NO LONGER AN OPTION… …IT’S AN IMPERATIVE TO SURVIVE NEXTDC © Copyright 2023 | Annual General Meeting 2023 36
Slide 37: Strategic Priorities
For personal use only Our strategic priorities outline the specific strategies that are the focus of our competitive advantage and define our unique business value. NEXTDC © Copyright 2023 | Annual General Meeting 2023 37
Slide 38: Frost & Sullivan Company of the Year
Frost & Sullivan – Australian Data Centre Services For personal use only Company of the Year WINNER – 2021-2022-2023 NEXTDC © Copyright 2023 | Annual General Meeting 2023 38
Slide 40: The NEXT: Gates' Law
For personal use only THE NEXT 10 Gates’ Law: How Progress Compounds and Why It Matters Most people overestimate what they can achieve in a year and underestimate what they can achieve in ten years. NEXTDC © Copyright 2023 | Annual General Meeting 2023 40
Slide 43: Resolution: Remuneration Report
RESOLUTION 1 Remuneration Report For personal use only “To adopt the Remuneration Report of the Company (as set out in the Directors’ Report) for the financial year ended 30 June 2023” FOR AGAINST OPEN 278,760,843 73,342,626 1,644,590 NEXTDC © Copyright 2023 | Annual General Meeting 2023 43
Slide 44: Resolution: Re-election of Mr Stuart Davis
RESOLUTION 2 Re-election of Mr Stuart Davis, For personal use only as a Director “That Mr Stuart Davis, who retires in accordance with the ASX Listing Rules and Article 58 of the Company’s Constitution and, being eligible, offers himself for re-election, and is re-elected as a Director of the Compan
Slide 45: Resolution: Re-election of Dr Eileen Doyle
RESOLUTION 3 Re-election of Dr Eileen Doyle, For personal use only as a Director “That Dr Eileen Doyle, who retires in accordance with the ASX Listing Rules and Article 58 of the Company’s Constitution and, being eligible, offers herself for re-election, and is re-elected as a Director of the Compan
Slide 46: Resolution: Election of Mrs Maria Leftakis
RESOLUTION 4 Election of Mrs Maria Leftakis, For personal use only as a Director “That Mrs Maria Leftakis, who retires in accordance with the ASX Listing Rules and Article 57.2 of the Company’s Constitution and, being eligible, offers herself for election, and is elected as a Director of the Company
Slide 47: Resolution: Increase in Non-Executive Directors' Remuneration
RESOLUTION 5 Increase in the maximum aggregate annual For personal use only Remuneration of Non-Executive Directors “That, for the purposes of ASX Listing Rule10.17, Article 61 of the Company's Constitution and for all other purposes, the maximum aggregate annual remuneration that may be paid by the
Slide 48: Resolution: Grant of Rights to Mr Craig Scroggie
RESOLUTION 6 Approval of grant of Rights For personal use only to Mr Craig Scroggie “That, for the purposes of ASX Listing Rule 10.14 and for all other purposes, approval is given for the grant of 86,820 Performance Rights and 86,820 Restricted Rights to the Managing Director and Chief Executive Off
Slide 50: For personal use only
For personal use only investorrelations@nextdc.com linkedin.com/company/nextdc facebook.com/datacentres 13 63 98 twitter.com/nextdc youtube.com/user/nextdatacentre NEXTDC © Copyright 2023 | Annual General Meeting 2023 50
Slide 51: Important Disclaimer
IMPORTANT DISCLAIMER DISCLAIMER This presentation has been prepared by NEXTDC Limited (ACN 143 582 521) (‘NEXTDC’) and makes statements about it as well as its subsidiaries (together the ‘NEXTDC Group’). To For personal use only the maximum extent permitted by law, no member of NEXTDC Group, or any

Nextdc — Shareholder Meeting (November 2023) on 6ix

Nextdc — Shareholder Meeting (November 2023)

Slide 1: 2023 13th Annual General Meeting

Slide 2: Board of Directors

Slide 3: Meet Our Leaders

Slide 4: Agenda

Slide 5: 2023 13th Annual General Meeting

Slide 6: Chairman's Address

Slide 7: Vision

Slide 8: Purpose

Slide 9: FY23 Highlights

Slide 10: Fuelling the Digital Economy

Slide 11: Regional Data Centre Platform

Slide 12: A1 Adelaide and D1 Darwin

Slide 13: PH1 Port Hedland and NE1 Newman (Pilbara)

Slide 14: Well Capitalised for Growth

Slide 15: Generative Artificial Intelligence Is About to Change Everything

Slide 16: NEXT Frontier: Where AI Lives

Slide 17: Utilisation

Slide 18: Team NEXTDC Grows

Slide 19: Equity Raising Strongly Supported

Slide 20: Globally Recognised Certifications

Slide 21: A New Benchmark for Sustainability

Slide 22: CEO's Address

Slide 23: Strong Growth in Customers and Interconnections

Slide 24: Strong Revenue and EBITDA Growth

Slide 25: Data Is the Electricity of the 21st Century

Slide 26: The Evolution of Cloud

Slide 27: The Fourth Industrial Revolution

Slide 28: Megatrends

Slide 29: Artificial Intelligence – 37.3% CAGR (2023-2030)

Slide 30: Australian Facility and Cloud Connectivity Footprint

Slide 31: Enabling Transformation from the Core to the Edge

Slide 32: M2 Melbourne

Slide 33: KL1 Kuala Lumpur

Slide 34: Safety Is Everyone's Responsibility

Slide 35: Energy & Environmental Sustainability

Slide 36: Accelerating Innovation and Growth Is No Longer an Option

Slide 37: Strategic Priorities

Slide 38: Frost & Sullivan Company of the Year

Slide 39: The Future Is Now – NEXTDC Is Ready

Slide 40: The NEXT: Gates' Law

Slide 41: General Business of Meeting

Slide 42: First Item of Business

Slide 43: Resolution: Remuneration Report

Slide 44: Resolution: Re-election of Mr Stuart Davis

Slide 45: Resolution: Re-election of Dr Eileen Doyle

Slide 46: Resolution: Election of Mrs Maria Leftakis

Slide 47: Resolution: Increase in Non-Executive Directors' Remuneration

Slide 48: Resolution: Grant of Rights to Mr Craig Scroggie

Slide 49: Q&A

Slide 50: For personal use only

Slide 51: Important Disclaimer

Slide 52: For personal use only

Slide 53: Data is the new electricity