Completion of Belgian Data Centre Acquisitions

3 March 2025

LEI: 213800T8RBBWZQ7FTF84

Cordiant Digital Infrastructure Limited

Completion of Belgian Data Centre Acquisitions

Cordiant Digital Infrastructure Limited (the "Company" or "CORD"), the operationally focused investor specialising in digital infrastructure, managed by Cordiant Capital Inc ("Cordiant", or the "Investment Manager"), is pleased to announce that the acquisition by the Company of a 47.5% economic (50% voting) interest in DCU Invest NV ("DCU Invest", or "Datacenter United") and the linked acquisition by DCU Invest of the entire share capital of Datacenter United Brussels NV, the owner of the data centre business of Proximus Group (together the "Transactions"), have both closed.

The Transactions create a business (the "Combined Group") consisting of 13 data centres across 11 locations in Belgium with circa13 MW of IT capacity.

Following closing of the Transactions, TINC, the Belgian infrastructure investor, continues to hold 47.5% of the economic (50% voting) interest in the share capital of DCU, and DCU's chief executive officer, Friso Haringsma, holds a 5.0% (non-voting) interest. The Investment Manager is continuing to explore investment alongside the Company by a separate Cordiant-managed fund.

For further information, please visit www.cordiantdigitaltrust.com or contact:

About the Company

Cordiant Digital Infrastructure Limited primarily invests in the core infrastructure of the digital economy: data centres; fibre-optic networks; telecommunications and broadcast towers - in Europe and North America. Further details about the Company can be found on its website at www.cordiantdigitaltrust.com.

The Company is a sector-focused specialist owner and operator of Digital Infrastructure, listed on the London Stock Exchange under the ticker CORD. In total, the Company has successfully raised £795 million in equity, along with a €375 million debt package comprising a €200 million Eurobond and €175 million of committed capex and revolving facilities, deploying capital into six acquisitions: CRA, Hudson Interxchange, Emitel, Speed Fibre, Norkring and Datacenter United, which together offer stable, often index-linked income, and the opportunity for growth, in line with the Company's Buy, Build & Grow model.

About the Investment Manager

Cordiant Capital Inc is a specialist global infrastructure and real assets manager with a sector-led approach to providing growth capital solutions to promising mid-sized companies in Europe, North America and selected global markets. Since the firm's relaunch in 2016, Cordiant, a partner-owned and partner-run firm, has developed a track record of exceeding mandated investment targets for its clients.

Cordiant focuses on the next generation of infrastructure and real assets: sectors (digital infrastructure, energy transition infrastructure and the agriculture value chain) characterised by growth tailwinds and technological dynamism. It also applies a strong sustainability and ESG overlay to its investment activities.

With a mix of managed funds offering both value-add and core strategies in equity and direct lending, Cordiant's sector investment teams (combining experienced industry executives with traditional private capital investors) work with investee companies to develop innovative, tailored financing solutions backed by a comprehensive understanding of the sector and demonstrated operating capabilities. In this way, Cordiant aims to provide value to investors seeking to complement existing infrastructure equity and infrastructure debt allocations.

About Datacenter United

Datacenter United is a market leading Tier III/IV data centre operator based in Belgium. The group operates 9 data centres across 8 locations in the Flanders region, with a strong presence in Antwerp, Ghent and Bruges. The group has an experienced management team led by Friso Haringsma.

About Datacenter United Brussels NV

Datacenter United Brussels NV is the newly incorporated entity which will hold the Tier III Brussels data centre assets currently owned by Proximus, the market leading telecommunications operator in Belgium. The business has 4 data centres in 3 locations, all around the Brussels region. Proximus remains a key customer of the business under a new 10-year index-linked contract with two 5-year extensions.