Acquisition of Irish fixed wireless access network

5 April 2022

DIGITAL 9 INFRASTRUCTURE PLC

("D9", the "Company" or, together with its subsidiaries, the "Group")

Acquisition of Irish fixed wireless access network

Digital 9 Infrastructure plc (ticker: DGI9) is pleased to announce that its wholly owned subsidiary, Digital 9 Wireless Limited, has completed the acquisition of Leeson Telecom Limited ("Host Ireland"), a leading enterprise broadband provider in Greater Dublin (the "Acquisition") for a total consideration of approximately €60 million.

Host Ireland owns and operates the highest capacity licensed microwave-based Fixed Wireless Access ("FWA") network in Greater Dublin. It provides high quality, wireless broadband (up to 2 Gbps symmetrical) to 1,600 enterprise customers, including multinational corporates, government bodies and technology companies for which reliable connectivity is critical.

The Acquisition is D9's first investment into wireless infrastructure, one of the Company's four target digital sub-sectors. The opportunity is in line with the Company's focus on UN Sustainable Development Goal 9, with Host Ireland providing lower cost and lower latency connectivity to Irish businesses. The expected underlying earnings of this transaction are highly supportive of the Company's target return policy.

Thor Johnsen, Head of Digital Infrastructure at Triple Point Investment Management LLP, commented:

"We are very pleased to have completed the acquisition of Host Ireland, D9's first wireless networks investment. The Host Ireland team has built a strong business and we look forward to working with them to accelerate the company's expansion plans."

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT

LEI: 213800OQLX64UNS38U92

NOTES:

Digital 9 Infrastructure plc ("D9") is an investment trust listed on the London Stock Exchange with ticker DGI9. The Company invests in the infrastructure of the internet that underpins the world's digital economy: digital infrastructure.

The number 9 in Digital 9 Infrastructure comes from the UN Sustainable Development Goal 9, which focuses the fund on investments that increase connectivity globally and improve the sustainability of digital infrastructure. D9's portfolio will comprise scalable platforms and technologies including (but not limited to) subsea fibre, data centres, terrestrial fibre, and wireless networks.

With its IPO in March 2021 and three subsequent placings, D9 has raised total equity of £845 million and invested into data centres, subsea fibre and wireless networks:

·    Aqua Comms, a leading owner and operator of 20,000km of the most modern subsea fibre systems - the backbone of the internet - with a customer base comprising global tech and global telecommunications carriers (April 2021);

·    Verne Global, the leading Icelandic data centre platform, with 40MW of high intensity computing solutions in operation or development, powered by 100% baseload renewable power (September 2021);

·    EMIC-1, a partnership with Meta on a 10,000km fibre system from Europe to India (July 2021);

·    SeaEdge UK1, a data centre and landing station for the North Sea Connect subsea cable, part of the North Atlantic Loop subsea network, improving connectivity between the UK, Ireland, Scandinavia and North America (December 2021); and

·    Host Ireland, a leading enterprise broadband provider that owns and operates Fixed Wireless Access networks (April 2022).

D9's investment team has over US$ 300 billion in digital infrastructure transaction experience and in-depth relationships across global tech and global telecoms companies. For more information, please visit www.d9infrastructure.com.

The Investment Manager is Triple Point Investment Management LLP ("Triple Point") which is authorised and regulated by the Financial Conduct Authority, with extensive experience in infrastructure, real estate and private credit, while keeping ESG principles central to its business mission. For more information, please visit www.triplepoint.co.uk.

The Company's Ordinary Shares were admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange on 31 March 2021.