Digital Realty Trust : Investor Presentation March 2023

Global.

Connected.

Sustainable.

INVESTOR PRESENTATION

March 2023

The meeting place for companies, technologies and data

Digital Realty Overview

Introduction

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A Global Platform Supporting our

Customers' Critical IT Architecture

Requirements

4,000+	200,000+	50+	300+
Customers	Cross connects		Metros	Data Centers (1)
EQUITY & ENTERPRISE VALUE	TOP PUBLICLY TRADED U.S. REIT
$30 Bn	$47 Bn		11th	2016
EQUITY MARKET	ENTERPRISE	LARGEST	MAY 2016
CAPITALIZATION (2)	VALUE (3)	PUBLICLY TRADED	ADDED TO THE
		U.S. REIT (4)	S&P 500 INDEX

INVESTMENT GRADE RATINGS (5)

	BBB	Baa2	BBB
Note: Balance sheet data as of December 31, 2022 unless otherwise indicated.
1)	Data Center total includes buildings held as investments in unconsolidated joint ventures.
2)	As of December 31, 2022.
3)	Total enterprise value calculated as the market value of common equity as of December 31, 2022, plus liquidation value of preferred equity and total debt at balance sheet carrying value as of December 31, 2022.
4)	U.S. REITs within the RMZ. Ranked by market cap as of December 31, 2022. Source: Bloomberg.
5)	These credit ratings may not reflect the potential impact of risks relating to the structure or trading of the Company's securities and are provided solely for informational purposes. Credit ratings are not recommendations to buy, sell or hold any security, and may be revised or withdrawn at any time by the issuing organization	3
	in its sole discretion. The Company does not undertake any obligation to maintain the ratings or to advise of any change in ratings. Each agency's rating should be evaluated independently of any other agency's rating. An explanation of the significance of the ratings may be obtained from each of the rating agencies.

Executing on Strategic Vision Refining Strategy to Fuel Future Growth

Strategic Priorities

1. Strengthening Customer Value Proposition

Executing meeting place strategy with sustainable connectivity rich solutions

2. Integrating and Innovating Capabilities

Building new applications on the world's largest open network platform

3. Diversifying and Bolstering Capital Sources

Partnering with sources of private capital to improve capital efficiency

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Consistent Execution

Progress Against Strategic Priorities

As of December 31, 2022

METROS

54 +18

TotalSince 2019

BOOKINGS

$574 mm	12%
LTM Bookings	Of Revenue

Customer	Innovation &	Go-to-Market
1 Focus	2 Differentiation	3 Platform

•	Record bookings	•	ServiceFabric™	•	Enabling Hybrid IT
•	Full spectrum product		development & rollout	•	Developing Connected
•	Expansion of
	offering		Data Communities
			PlatformDigital ®	•	Expanding G2KE share
		•	Additional subsea cable
			landings
	Profitability &	Strategic Global		Organizational
4 FlexibilityFinancial	5Investments	6Excellence

NEW LOGOS 100+/qtr

since 1Q20

• 6% YOY Revenue growth in 4Q22
• Elevated focus on projects with highest risk-adjusted returns

• Added Teraco with 3 metros in South Africa
• Expanding across the Mediterranean
• Developing first Indian Data Center in Chennai

• Refreshed Management Team
• Rotated Board leadership
• Launched culture program
• Accelerated DEI initiatives

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