Digital Core REIT (DCRU) AGM 2025 Presentation summary

AGM resolutions and governance

• Approved FY24 audited financials, re-appointment of KPMG as auditors, and renewal of unit buy-back mandate.

• Manager authorized to issue units and grant instruments.

FY24 financial and operational highlights

• FY24 distribution of 3.60 US cents per unit; 1.8% DPU accretion from unit buybacks.

• AUM reached $1.6 billion, up 20% year-over-year, with 97% occupancy and 4.8 years WALE.

• $280 million raised from asset sales and equity fundraising, doubling weighted-average debt maturity.

• $250 million invested to increase stakes in Frankfurt and Osaka, enhancing scale and diversification.

Portfolio and customer profile

• Portfolio spans U.S., Canada, Germany, and Japan, with 10 data centers and 97% occupancy.

• Top 10 customers account for 81% of annualized rent, including major hyperscale and tech firms.

• Weighted average lease expiry of 4.8 years; diversified across key metros.