John McBain
Joint CEO & Executive Director

Thank you, and welcome, everybody. Thanks for your time this morning. I'm John McBain, Joint Chief Executive of Centuria Capital Group. With me today is our Chief Financial Officer, Simon Holt; and Bass Salah, Joint CEO and Co-Founder of ResetData. We're also joined by Tim Mitchell and Peter Ho from our Investor Relations and Corporate Strategy team. As looking at Slide 4, today, we're presenting a $300 million fully underwritten equity raising to fund the next phase of growth across Centuria. The offer comprises a $200 million institutional placement and a $100 million accelerated [indiscernible].

At its core, this transaction reflects the continued repositioning of Centuria into a diversified multi-engine earnings platform underpinned by a scaled and compounding real estate platform across both equity and debt and a differentiated AI infrastructure business through ResetData.

We're particularly focused on the ResetData opportunity. Everything is now in place to create significant value for Centuria security holders. Following the AI-F1 offtake agreement, our first AI factory, we're seeing increased customer engagement, supporting confidence in the outlook and earnings trajectory. So this raising provides capacity to accelerate the activation of the ResetData pipeline and convert customer inquiries across a 10,000-plus GPU opportunity set. Post this raise, we have created maximum flexibility to deploy capital on the opportunities in front of us.

Slide 6. Our core thesis is simple. Centuria and ResetData combined real estate, power and capital with AI compute infrastructure. Centuria provides 25-plus year real estate platform and access to land, capital and power pipelines. ResetData brings specialist AI infrastructure capability and NVIDIA Cloud partner status. Together, this creates a vertically integrated AI infrastructure