DigitalBridge Announces Creation of Edge Data Center Platform in Asia and Acquisition of Stake in AIMS Group

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BOCA RATON, Fla.–()–DigitalBridge Group, Inc. (“DigitalBridge”) (NYSE: DBRG) announced today that it has acquired an interest in AIMS Group (“AIMS”) from TIME dotCom Berhad (“Time” or “TDC (KLSE: TIMECOM) by funds affiliated with DigitalBridge Investment Management and the formation of an Edge data center platform focused on high-growth markets in the Southeast Asian region.

AIMS is a leading highly connected ecosystem-centric data center operator based in Malaysia, with its flagship Kuala Lumpur Menara AIMS facility anchoring the Malaysia Internet Exchange (MYIX). AIMS facilities provide highly interconnected environments to a diverse customer base, including national and international telecommunications operators, large enterprises, hyperscalers and content delivery networks. AIMS also operates a state-of-the-art data center campus in Cyberjaya and a new facility in downtown Bangkok.

“DigitalBridge’s expertise in investing in, building and operating data centers to the highest standards aligns perfectly with AIMS’ next stage of development,” said Justin Chang, CEO and Asia Manager for DigitalBridge. “AIMS is a leading operator in the region, poised for significant growth, with a strong management team, strong development pipeline and considerable capacity for expansion. This is a great platform for DigitalBridge, and we are delighted to partner with TDC, which has a long history of building connectivity-related businesses across Southeast Asia.

The transaction, which is subject to customary closing conditions, is expected to close in 2023.

ABOUT DIGITALBRIDGE

DigitalBridge (NYSE: DBRG) is a global leader in digital infrastructure. With a legacy of more than 25 years of investing in and operating businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells and edge infrastructure, l he DigitalBridge team manages a $50 billion portfolio of digital infrastructure assets on behalf of its partners and shareholders. Based in Boca Raton, DigitalBridge has key offices in New York, Los Angeles, London, Luxembourg and Singapore. For more information visit: www.digitalbridge.com.

Caution Regarding Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions regarding matters that are not historical facts. In some cases, you can identify forward-looking statements by using forward-looking words such as “may”, “will”, “should”, “expect”, “intend”, “anticipate”, “anticipate “, “believes”, “estimates”, “predicts” or “potential” or the negative of these words and expressions or similar words or expressions which are predictions or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond our control, and may cause actual results to differ materially from those expressed in any forward-looking statement. factors that could cause such a difference include the closing of the transaction with TDC on time or not at all, the realization by DigitalBridge (the “Company”) of the expected benefits of the acquisition of an interest in AIMS, the growth of the company’s edge data center platform in Asia, and other risks and uncertainties, including those detailed in the company’s annual report on Form 10- K for the fiscal year ended December 31, 2021, quarterly reports on Form 10-Q for the quarters ended March 31, 2022, June 30, 2022 and September 30, 2022, and its other reports filed from time to time with the Securities and Exchange Commission (“SEC”) of the United States. All forward-looking statements reflect the company’s good faith beliefs, assumptions and expectations. , but they are not guarantees of future performance. The Company cautions investors against placing undue reliance on forward-looking statements. Forward-looking statements speak only as of the date of this report. The Company is under no obligation to update these forward-looking statements after the date of this release, or to conform any prior statements to actual results or revised expectations, and the Company does not intend to do so.

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