AIB Data Centers (AIB) Investor presentation summary

Key customer agreements and revenue outlook

• Signed a 12-year contract with a leading AI cloud company for 50 MW critical IT capacity, with two 5-year renewal options and significant customer prepayments to cover initial development costs.

• Contract value and prepayments are detailed in the company's Form 8-K, supporting robust revenue visibility.

• Portfolio includes multiple sites totaling 280 MW, with projected average annual revenue of $546.4M and a total contract value of $6.56B over 12 years, excluding CLT1.

Project execution and development milestones

• CLT1 site secured 65 MW utility power under a 15-year agreement, with 50 MW contracted to the anchor customer; service scheduled to begin October 1, 2026.

• Construction design submitted for permits, with phased delivery of data halls and rent commencing hall by hall.

• Customer prepayments and project-level capital expected to fund most of the $800M CLT1 build, minimizing the need for corporate-level equity.

Financial performance and capitalization

• Q2 2026 revenue was $2.9M, with a net loss of $3.5M and adjusted EBITDA of -$3.1M, reflecting a transition from legacy hosting to AI/HPC workloads.

• As of June 30, 2026, cash and equivalents were $52.8M, with no traditional debt and total stockholders' equity of $82.7M.

• Earnout shares are issuable if 2026 EBITDA reaches at least $25M.