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Further Details


               Below is a summary of the expansion and equity raise.
               NEXTDC (NXT) has announced a significant expansion of their existing and new data centres.

               NXT plans to invest:
                   -      $730 million on accelerating the  built  capacity of two  existing sites to  meet
                          increasing customer contractual commitments
                   -      $750 million on further development of two data centres
                   -      $500 million on land acquisition opportunities in the Asia-Pacific region
                   -      $643 million allocated for 2nd half 2024 capital expenditure
                   -      $25 million of transactions costs associated with the Entitlement Offer
                   -      Additional funding to broaden their development pipeline
                   -      Increase working capital liquidity


               To fund the expansion, NXT has  raised approximately $937 million via an Institutional
               Entitlement Offer and is raising a further  $384 million via a fully underwritten Retail
               Entitlement Offer.
               Please refer to the Entitlement Offer booklet for further information and key dates:

               https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-
               02796626-2A1518188

               The additional shares will not be allocated until completion of the offer on the 10th of May
               2024.



























              psk.com.au


                   PSK Financial Services Group Pty Ltd (ABN 24 134 987 205) trading as PSK Private Wealth and Employee Representatives of PSK Advisory Services Pty Ltd trading as PSK Private Wealth are all representatives of AFS licensee, PSK
                   Advisory Services Pty Ltd (ABN 30 008 587 595) AFSL #234656. This document contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to
                   consider your financial situation and needs before making any decisions based on this information.
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