LEI: 213800T8RBBWZQ7FTF84

27 May 2025

CORDIANT DIGITAL INFRASTRUCTURE LIMITED

CRA NEW BUSINESS UPDATE

Cordiant Digital Infrastructure Limited (the "Company"), the operationally focused, specialist digital infrastructure investor, managed by Cordiant Capital Inc, is pleased to announce that its Czech portfolio company, CRA, continues to successfully expand and commercialise its DAB+[1] network with the launch of a further six commercial radio stations with Active Radio and Londa, which have combined weekly listeners of over 5 million. These DAB+ radio stations, similar to the other stations on the network, have been launched under long-term contracts.  

CRA's commercial DAB+ network ("DAB B") now broadcasts from 31 transmitters, reaching 83.4% of the Czech population and, with the recent launch of additional radio stations, is now at 73% capacity. This extensive coverage aims to ensure that listeners across the country can enjoy high-quality digital radio. With the addition of these major commercial radio stations, CRA's DAB B network now hosts nine digital stations, some of which have broader coverage than FM radio, which is also provided by CRA's infrastructure. This expansion reflects the growing popularity and demand for digital radio.

CRA's DAB+ network allows for regionalised content, enabling stations to tailor their broadcasts to specific regions. This feature is particularly valuable for private radio stations aiming for effective targeting of their advertising campaigns. Demand for the technology is strong as DAB+ radio is now standard in new vehicles sold in the EU, primarily due to the European Electronic Communications Code (EECC), which requires all new car radios to be capable of receiving digital terrestrial radio. 

Miloš Mastník, CEO of CRA, said: "We are very pleased that more major commercial radio stations are entering DAB+ broadcasting. We are actively supporting DAB+ broadcasting and are seeing the benefits of this coming through, with eight out of the top ten radio stations (public and commercial) broadcasting on our DAB+ network."

Steven Marshall, executive chairman of Cordiant Digital Infrastructure Management, said "This latest expansion further demonstrates the success and popularity of digital radio among listeners and broadcasters alike, and we expect to earn incremental revenues from these new radio stations, further validating our Buy, Build & Grow approach to investing."

In addition, the Company is pleased to highlight that CRA has enjoyed further success in its data centre and cloud business, selling additional capacity at its newest edge data centre in Cukrák, outside Prague, to Boosteroid, the world's largest independent cloud gaming provider, strengthening an important relationship with a growing customer. Due to strong market demand, CRA is accelerating its 1.3MW expansion of DC10 at one of the company's broadcast towers in the Prague Žižkov district and is about to commence site clearance and preparatory ground works for its state-of-the-art flagship 26MW data centre project in Zbraslav, now named "Prague Gateway".

For further information, please visit www.cordiantdigitaltrust.com or contact:

Notes to Editors:

About the Company

Cordiant Digital Infrastructure Limited primarily invests in the core infrastructure of the digital economy: data centres; fibre-optic networks; telecommunications and broadcast towers - in Europe and North America. Further details about the Company can be found on its website at www.cordiantdigitaltrust.com.

The Company is a sector-focused specialist owner and operator of digital infrastructure, listed on the London Stock Exchange under the ticker CORD. In total, the Company has successfully raised £795 million in equity, along with a €375 million debt package comprising a €200 million Eurobond and €175 million of committed capex and revolving facilities, deploying capital into six acquisitions: CRA, Hudson Interxchange, Emitel, Speed Fibre, Belgian Tower Company and Datacenter United, which together offer stable, often index-linked income, and the opportunity for growth, in line with the Company's Buy, Build & Grow model.

About the Investment Manager

Cordiant Capital Inc is a specialist global infrastructure and real assets manager with a sector-led approach to providing growth capital solutions to promising mid-sized companies in Europe, North America and selected global markets. Since the firm's relaunch in 2016, Cordiant, a partner-owned and partner-run firm, has developed a track record of exceeding mandated investment targets for its clients.

Cordiant focuses on the next generation of infrastructure and real assets: sectors (digital infrastructure, energy transition infrastructure and the agriculture value chain) characterised by growth tailwinds and technological dynamism. It also applies a strong sustainability and ESG overlay to its investment activities.

With a mix of managed funds offering both value-add and core strategies in equity and direct lending, Cordiant's sector investment teams (combining experienced industry executives with traditional private capital investors) work with investee companies to develop innovative, tailored financing solutions backed by a comprehensive understanding of the sector and demonstrated operating capabilities. In this way, Cordiant aims to provide value to investors seeking to complement existing infrastructure equity and infrastructure debt allocations.

About CRA

CRA is a diversified digital infrastructure company operating mobile towers, broadcast networks, data centres, a fibre network and internet of things networks. The company has a history of offering superior customer service, increasingly through integrated solutions spanning the spectrum of digital infrastructure. CRA has its own optical backbone network and, due to its strong broadcasting infrastructure, also offers customers wireless solutions or connections to nearby locations using optical fibre.