Megaport Ltd. · ASX:MP1
Megaport — Investor Presentation (June 2026)
45 slides from Megaport's investor presentation, Jun 3, 2026
Slide 1: Globally-Distributed AI Inference Cloud: Entitlement Offer
INVESTOR PRESENTATION ENTITLEMENT OFFER For personal use only Globally-Distributed AI Inference Cloud Creation of GPU Pool, New Contracts, and Entitlement Offer Megaport Limited | ACN 607 301 959 | ASX:MP1 | 3 June 2026 NOT FOR RELEASE TO US WIRE SERVICES OR DISTRIBUTION IN THE UNITED STATES
Slide 2: Contents
CONTENTS For personal use only ● Important Notices and Disclaimer ● Investment Summary ● Trading Update and FY26 Guidance ● Funding and Entitlement Offer Details APPENDICES: ● Key Risks ● Summary of the Underwriting Agreement ● International Offer Restrictions ● Glossary NOT FOR RELEASE TO US WIRE S
Slide 3: Important Notices and Disclaimer (1 of 3)
IMPORTANT NOTICES AND DISCLAIMER (1 of 3) Important Notices and Disclaimer Foreign Jurisdictions For personal use only The following notice and disclaimer applies to this investor presentation (Presentation) and you are therefore advised The distribution of this Presentation in jurisdictions outside
Slide 4: Important Notices and Disclaimer (2 of 3)
IMPORTANT NOTICES AND DISCLAIMER (2 of 3) While Megaport believes that this non-IFRS financial information provides useful information to users in measuring the There can be no assurance that actual outcomes will not differ materially from these forward-looking statements. A For personal use only fina
Slide 5: Important Notices and Disclaimer (3 of 3)
IMPORTANT NOTICES AND DISCLAIMER (3 of 3) • expressly exclude and disclaim all responsibility and liability, including, without limitation, for negligence or in • Megaport reserves the right to withdraw or vary the timetable of the Entitlement Offer without notice, including For personal use only re
Slide 6: Summary of Capital Raise
INVESTMENT SUMMARY Summary of Capital Raise For personal use only Build: Globally-Distributed AI Inference Cloud Software-provisioned and automated GPU, CPU, Network, Storage, DC Space, and Power Funding New Long-Term Contracts with TCV of A$458.9M Large GPU, CPU, Network, and Storage Contracts 6 NO
Slide 7: The Latitude.sh Acquisition is Unlocking Large Opportunities
INVESTMENT SUMMARY The Latitude.sh Acquisition is Unlocking Large Opportunities For personal use only CPU GPU Core business at acquisition Massive emerging opportunity ● Multi-purpose - powers all technology applications ● The core component to building and running AI ● Latitude.sh core focus at tim
Slide 8: Inference is the Next Frontier for Growth
INVESTMENT SUMMARY Inference is the Next Frontier for Growth For personal use only AI Training vs AI Inference Training infrastructure builds the brains (“LLM”) behind ChatGPT, Inference is the process of using a trained AI model to generate Claude, Gemini, etc. responses, predictions, or actions fo
Slide 9: GPU Demand for Inference is Growing Rapidly
INVESTMENT SUMMARY GPU Demand for Inference is Growing Rapidly For personal use only Global data centre demand by workload (in gigawatts)1 Prospective AI Inference Latitude.sh customers Estimated 35% CAGR AI Training now routinely from 2025 to 20301 Non-AI requesting access to GPU inventory Megaport
Slide 10: Megaport has Solved for Power, Space, and Network
INVESTMENT SUMMARY Inference Challenges: Megaport has Solved for Power, Space, and Network For personal use only Power + Space Network GPU Availability Fast access to DC power and Building out robust network High GPU demand consumes space is a major bottleneck for connectivity slows down available s
Slide 11: Existing Globally-Distributed Compute, Network, and Storage Footprint
INVESTMENT SUMMARY Megaport’s Existing Globally-Distributed Compute, Network, and Storage Footprint1 For personal use only Latitude.sh Locations Megaport Enabled Data Centres * This is a logical representation of the network, and does not reflect actual network paths. +330,000km +3,000 +11,000 +1,100
Slide 12: Building a GPU Pool: On-Demand AI Inference
INVESTMENT SUMMARY Building a GPU Pool: On-Demand AI Inference For personal use only ● On-demand pool to attract new customers looking for immediate access to GPUs ● Highly profitable offering priced for hourly and monthly use only ● Enables early testing and adoption to facilitate large customer con
Slide 13: New GPU Pool Indicative Metrics
INVESTMENT SUMMARY New GPU Pool Indicative Metrics For personal use only Time to Procure and Deploy the GPU Pool GPU Pool 6 - 9 Months1 ● US$252.0M (A$350.0M)3 investment in GPUs, CPUs, Network and Storage to seed creation of on-demand pool ● Core component of our product-led "land and expand" strat
Slide 14: Megaport Vision: Globally Distributed AI Inference Cloud
INVESTMENT SUMMARY Megaport Vision: Globally Distributed AI Inference Cloud For personal use only CPU + GPU Fully Automated Globally Distributed ● Megaport can capitalise on any available space and power across its network, with over 150 contracted data centre operators1, in 31 countries1, to rapidl
Slide 15: New GPU, CPU, Network, and Storage Contracts
INVESTMENT SUMMARY New GPU, CPU, Network, and Storage Contracts For personal use only Revenue Capex • TCV US$330.4M (A$458.9M1) and ARR2 • Contracts primarily for high-performance US$143.3M (A$199.0M1) across four new major NVIDIA GPUs, supported by Network and contracts with a mix of new and existi
Slide 16: Trading Update and FY26 Guidance
For personal use only Trading Update and FY26 Guidance NOT FOR RELEASE TO US WIRE SERVICES OR DISTRIBUTION IN THE UNITED STATES
Slide 17: Megaport Group: Trading Update
TRADING UPDATE Megaport Group: Trading Update For personal use only Group ARR5 Compute ARR4 Network NRR Network ARR (Pro Forma) (before strategic deals) (by logo)1,3 A$662.9M A$83.9M A$277.7M 113% As of 29 May 2026 Apr-26 Apr-26 n.m. 40% since 25% YoY1,2 4pp YoY acquisition 1. On a constant currency
Slide 18: Compute: May Trading Update
TRADING UPDATE Compute: May Trading Update For personal use only Annual Recurring Revenue (AU$M1,2) Latitude.sh A$747.8M Strategic Contracts Pro Forma TCV of recent strategic contracts3,4,5 6.4x increase in ARR since acquisition A$301.3M Pro forma ARR from recent strategic contracts3,4,5 6 1. Annual
Slide 19: Combined Group: FY26 Guidance Update
GUIDANCE UPDATE Combined Group: FY26 Guidance1 Update For personal use only M Revenue EBITDA Capex A$307M - A$315M 21 - 24% of revenue A$90M - A$100M Excludes strategic initiatives ● The above guidance is exclusive of the recently announced strategic contracts2 and the contracts announced today. ● U
Slide 20: Funding and Entitlement Offer Details
For personal use only Funding and Entitlement Offer Details NOT FOR RELEASE TO US WIRE SERVICES OR DISTRIBUTION IN THE UNITED STATES
Slide 21: Funding and Offer
FUNDING AND ENTITLEMENT OFFER Funding and Offer For personal use only Entitlement Offer Balance Sheet Flexibility • 1-for-3.08 pro rata accelerated non-renounceable • Pro Forma liquidity of A$287.6M as at 31 December 20253 entitlement offer to raise A$827.3M (Entitlement Offer) • Megaport is continu
Slide 22: Sources and Uses
FUNDING AND ENTITLEMENT OFFER Sources and Uses Sources A$M US$M1 For personal use only Net proceeds from the Entitlement Offer will be used to fund: Underwritten Entitlement Offer 827.3 595.7 ● A$369.5M1 for high performance NVIDIA GPUs, compute, network and storage hardware to service new contracts
Slide 23: Strong Liquidity Position and Flexibility for Continued Growth
FUNDING AND ENTITLEMENT OFFER Strong Liquidity Position and Flexibility for Continued Growth For personal use only Pro Forma Liquidity1 • On a pro forma basis1 as at 31 Available December 2025, available liquidity of A$M Announcement Date Facilities Cash Liquidity A$287.6M As at 31 December 20252 20
Slide 24: Entitlement Offer Details
FUNDING AND ENTITLEMENT OFFER Entitlement Offer Details For personal use only ▪ Fully underwritten 1 for 3.08 pro rata accelerated non-renounceable entitlement offer of new ordinary Megaport shares (“New Shares’”) to raise A$827.3M (“Entitlement Offer”) Offer Size and Structure ▪ The Entitlement Off
Slide 25: Entitlement Offer Details: Timetable
FUNDING AND ENTITLEMENT OFFER Entitlement Offer Details For personal use only Event Time/Date Trading halt Wednesday, 3 June 2026 Announcement of Entitlement Offer and Institutional Entitlement Offer opens Wednesday, 3 June 2026 Announcement of results of Institutional Entitlement Offer Friday, 5 Ju
Slide 26: Appendix
For personal use only Appendix 26 NOT FOR RELEASE TO US WIRE SERVICES OR DISTRIBUTION IN THE UNITED STATES
Slide 27: Key Risks (1 of 10)
APPENDIX Key Risks (1 of 10) For personal use only 1 Introduction This section describes some of the potential risks associated with an investment in Megaport. An investment in Megaport is subject to risks specific to Megaport and its business and is also subject to general risks. Each of these risks
Slide 28: Key Risks (2 of 10)
APPENDIX Key Risks (2 of 10) For personal use only 2 Risks relating to Megaport and its business Risk Summary Breach of Megaport is exposed to the risk of a material breach of information security that could result in disruption of customer/network services, reputational damage, loss information sec
Slide 29: Key Risks (3 of 10)
APPENDIX Key Risks (3 of 10) For personal use only Regulatory Megaport currently has operations in Australia, Brazil, Bulgaria, Canada, Finland, France, Germany, Hong Kong, India, Ireland, Japan, Luxembourg, Netherlands, compliance New Zealand, Mexico, Singapore, Sweden, Switzerland, United Kingdom,
Slide 30: Key Risks (4 of 10)
APPENDIX Key Risks (4 of 10) Ability to attract Megaport depends on the skills and experience of its staff and employees, particularly in certain key positions. With a relatively small number of geographically For personal use only and retain dispersed employees for a global company, it is essential
Slide 31: Key Risks (5 of 10)
APPENDIX Key Risks (5 of 10) Privacy breach Megaport operates across multiple jurisdictions, each with their own privacy and data protection requirements. Failure to comply with global privacy regulatory For personal use only requirements could result in reputational damage, loss of customers and re
Slide 32: Key Risks (6 of 10)
APPENDIX Key Risks (6 of 10) For personal use only Supply chain Megaport relies on third-party manufacturers for critical operational equipment, including compute infrastructure, storage systems and ancillary hardware. The disruptions production of this equipment depends on the availability of key c
Slide 33: Key Risks (7 of 10)
APPENDIX Key Risks (7 of 10) For personal use only Climate change Megaport considers the strategic and financial impacts of climate change across its operations and supply chains. Whilst not presently considered an immediate and sustainability material risk for Megaport with its current operations, M
Slide 34: Key Risks (8 of 10)
APPENDIX Key Risks (8 of 10) For personal use only Inability to secure Megaport’s existing debt facilities and operating cash flows may not be sufficient to fund its ongoing operational and capital requirements including in the debt circumstances described in risk entitled “Funding and Capital” above.
Slide 35: Key Risks (9 of 10)
APPENDIX Key Risks (9 of 10) For personal use only GPU Pool Indicative The Payback Target represents the estimated period (in months) required for cumulative EBITDA generated by the GPU Pool, once fully deployed and ramped, to Metrics exceed the associated investment capex. For this purpose, monthly
Slide 36: Key Risks (10 of 10)
APPENDIX Key Risks (10 of 10) For personal use only Liquidity risk Once the Shares are quoted on the ASX, there can be no guarantee of an active trading market for Shares or that the price of the Shares will increase. There may be relatively few potential buyers or sellers of Shares on the ASX at an
Slide 37: International Offer Restrictions (1 of 2)
APPENDIX International Offer Restrictions (1 of 2) This document does not constitute an offer of new ordinary shares (“New Shares”) of the Company in any jurisdiction Cayman Islands For personal use only in which it would be unlawful. In particular, this document may not be distributed to any person
Slide 38: International Offer Restrictions (2 of 2)
APPENDIX International Offer Restrictions (2 of 2) Norway No offer of New Shares will be made to, and no subscription for New Shares will be permitted from, any person in the For personal use only Abu Dhabi Global Market or the Dubai International Financial Centre. This document has not been approve
Slide 39: Summary of the Underwriting Agreement (1 of 4)
APPENDIX Summary of the Underwriting Agreement (1 of 4) For personal use only Megaport has entered into an underwriting agreement with the Joint Lead Managers (Underwriting Agreement) pursuant to which the Joint Lead Managers have been appointed to act as joint lead managers, bookrunners and underwr
Slide 40: Summary of the Underwriting Agreement (2 of 4)
APPENDIX Summary of the Underwriting Agreement (2 of 4) For personal use only h) a change in the position of the Chief Executive Officer, Chief Financial Officer or the board of directors of Megaport occurs or is announced; i) a Megaport group company is or becomes insolvent, or a circumstance arises
Slide 41: Summary of the Underwriting Agreement (3 of 4)
APPENDIX Summary of the Underwriting Agreement (3 of 4) For personal use only q) * the certificate which is required to be furnished by Megaport under the Underwriting Agreement is not true or is not correct; r) * any one of the following occurs: a) hostilities not presently existing commence (whethe
Slide 42: Summary of the Underwriting Agreement (4 of 4)
APPENDIX Summary of the Underwriting Agreement (4 of 4) For personal use only Representations, warranties and undertakings Megaport gives customary representations and warranties in connection with (among other things) the Entitlement Offer. Megaport gives customary undertakings to the Joint Lead Ma
Slide 43: Glossary (1 of 3)
APPENDIX Glossary (1 of 3) Term Definition For personal use only Annual Recurring Revenue for Network is the recurring revenue expected over a 12 month period, calculated as Monthly Recurring Revenue Annual Recurring Revenue or ARR - Network for the last month of the period x 12, and excludes any non
Slide 44: Glossary (2 of 3)
APPENDIX Glossary (2 of 3) Term Definition For personal use only Entitlement Offer The Institutional Entitlement Offer and the Retail Entitlement Offer. FY Year ending 30 June Group Refers to the combination of the pre-existing Megaport Network business, Latitude.sh, and Extreme IX. Inference Using a
Slide 45: Glossary (3 of 3)
APPENDIX Glossary (3 of 3) Term Definition For personal use only Booklet containing further details about the Retail Entitlement Offer, which Megaport expects to lodge with the ASX on 9:00am (Sydney Retail Offer Booklet Time) Thursday, 11 June 2026. SKU Stock Keeping Unit AI solutions designed to kee