Northern Data Group's cutting-edge colocation provider, Ardent Data Centers,
breaks ground on upgrade to Pittsburgh data center

EQS-News: Northern Data AG / Key word(s): Miscellaneous
Northern Data Group's cutting-edge colocation provider, Ardent Data Centers,
breaks ground on upgrade to Pittsburgh data center

02.05.2024 / 14:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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PRESS RELEASE / IR NEWS

Northern Data Group's cutting-edge colocation provider, Ardent Data Centers,
breaks ground on upgrade to Pittsburgh data center

  * Pittsburgh data center will accelerate Ardent's colocation offering in
    the United States

  * 41,000 square foot building being upgraded with the latest liquid
    cooling technology to allow for increased energy capacity from 5MW to
    20M

Frankfurt/Main - 2 May 2024 - Northern Data Group's cutting-edge colocation
provider, Ardent Data Centers, today announces it has broken ground on
construction at its Pittsburgh, Pennsylvania data center site, following its
acquisition in January 2024. The site is being retrofitted into a
cutting-edge, high-density data center environment, purpose-built to power
the next generation of High-Performance Computing.

With the engineering review complete, the upgrade of the 7.5-acre site has
begun; retrofitting the 41,000-square-foot building with the latest liquid
cooling technology to allow for additional power and maximized energy
capacity. Pittsburgh is strategically located with access to the entire
Eastern Seaboard, with under 10ms latency to major US eastern hubs. The
upgrade is due to complete by Q4 2024. The site will have an immediate
capacity of 5MW, with plans to upgrade to 20MW in the future.

Pittsburgh is a favorable location to support Ardent Data Center's
expansion, with supportive local stakeholders. It also has access to an
abundance of clean energy from hydroelectric and wind sources. This is
aligned to Ardent Data Center's long-term strategy as it continues to
pioneer efficient data center environments that give data-intensive
organizations optimized performance and availability in the most sustainable
way.

This site will be the latest advancement of Northern Data Group's strategy
to expand Ardent Data Center's global footprint and bring high-density,
liquid-cooled solutions to the market, providing colocation services for
compute power across the United States and Europe.

Aroosh Thillainathan, Founder and CEO, Northern Data Group, commented:
"The continued progress that our Ardent team is making supports Northern
Data Group in providing the infrastructure required to fully capitalize on
the HPC market. Powering the next generation of HPC innovation is central to
our strategy, and scaling the Group's portfolio of data centers through
Ardent is core to realizing this ambition. These upgrades are an important
step as we continue to deliver on our vision for Ardent to become the global
operational leader of next-generational high-density and high-performance
compute data center solutions."

Corey Needles, Managing Director, Ardent Data Centers, commented:
"The Pittsburgh site represents an important next step in the expansion of
our portfolio, and I'm delighted to update on our progress as we upgrade the
data center at pace. Pittsburgh's location offers multiple benefits for our
colocation offering, aligning to our long-term strategy to pioneer efficient
data center environments, purpose-built with high-density, liquid cooling
solutions."

About Northern Data Group:

Northern Data Group (ETR: NB2) is a leading provider of High-Performance
Computing (HPC) solutions to businesses and research institutions, utilizing
GPU- and ASIC-based solutions. Our flexible compute power fuels innovation
in our three core business platforms: Taiga Cloud, Ardent Data Centers, and
Peak Mining. Through our HPC solutions, we pioneer ambitious computing
innovation that drives progress in the AI, ML, and Generative AI industries.
Our close collaboration with industry-leading manufacturers including
Gigabyte, AMD, and NVIDIA is fundamental to the acceleration of innovation
across sectors including life sciences, financial services, and energy.

Ardent Data Centers:

Ardent Data Centers, a Northern Data Group platform, provides future-ready
data centers which are purpose-built to power the next generation of
High-Performance Computing (HPC). We house the industry's latest chips,
combined with the latest liquid cooling systems to offer more power and
better availability of on-demand, compute-as-a-service infrastructure. With
a proven track record of designing and operating high-performance data
centers for over twenty-five years, we're pioneering a new era of
efficiency, delivering greater performance, density, and availability.

Investor Relations:

Jens-Philipp Briemle
Head of Investor Relations
An der Welle 3
60322 Frankfurt am Main
E-Mail: jens-philipp.briemle@northerndata.de
Telefon: +49 171 557 6989


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02.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        Northern Data AG
                   An der Welle 3
                   60322 Frankfurt/Main
                   Germany
   Phone:          +49 69 34 87 52 25
   E-mail:         info@northerndata.de
   Internet:       www.northerndata.de
   ISIN:           DE000A0SMU87
   WKN:            A0SMU8
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt, Hamburg, Hanover, Munich (m:access),
                   Stuttgart, Tradegate Exchange
   EQS News ID:    1894445

End of News EQS News Service
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1894445 02.05.2024 CET/CEST