Cyxtera Technologies, Inc. announced that On November 10, 2022, Raymond Svider resigned from the Board of Directors Company. Mr. Svider's resignation was not due to any disagreement with the Company. In addition, on November 10, 2022, the Board elected Benjamin Phillips to serve as a member of the Board to fill the vacancy created by Mr. Svider's resignation.

Mr. Phillips was designated by BCEC-SIS Holdings L.P. pursuant to the Stockholders Agreement, dated July 29, 2021, between the Company and certain investor parties, as modified by that certain Joinder to Stockholders Agreement, dated as of July 29, 2022. Mr. Phillips will not serve on any Board committees. Mr. Phillips currently serves as Managing Director at BC Partners LLC (“BC Partners”).

BC Partners is an alternative investment manager focused on private equity, credit and real estate. Before joining BC Partners in 2018, Mr. Phillips worked at Hill Path Capital LP where he spent three years as a private equity principal, evaluating and executing investments in private equity, public equity and high yield debt and working with management teams at portfolio companies to optimize businesses, particularly in areas of strategy, operations, capital structure and governance. Prior to this, he was a private equity associate at Catterton Partners (now LCatterton).

Mr. Phillips also held roles at Sagent Advisors and Bank of America Merrill Lynch (now Bank of America) where he was an investment banking analyst in the Consumer and Retail Group. Mr. Phillips holds an MBA from Harvard Business School and a BA in Economics and Mathematics from Washington University in St Louis.