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Cartis diligence evidence schedule

MEEZA Qatar Data Center Expansion Program

PRJ-0391 · Program · Qatar

Record last updated Oct 28, 2026

Scope and capacity

MEEZA is financing a three-facility Qatar expansion expected to add about 44 MW across M-Vaults 6-8. MEEZA Qatar Data Center Expansion Program is located in Qatar, QA and is a program in construction status.

Headline: See constituent sites

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Planned additional capacity · 44 MW

Planned / design or future potential · MEEZA Qatar Data Center Expansion Program (Project)

Claim 36626 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

Headline treatment: Separate claim, not added to the headline

  1. MEEZA secures additional QAR 1.6 billion Murabaha facility

    MEEZA · Document date: Jul 30, 2026 · Primary

    Source reference: SRC-2030 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-secures-additional-qar-1-6-billion-murabaha-facility-to-fund-expansion-of-data-centre-capacity-to-more-than-triple-current-size/

  2. MEEZA secures QAR 800 million Commodity Murabaha facility

    MEEZA · Document date: Aug 26, 2025 · Corroborating

    Source reference: SRC-2035 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-secures-qar-800-million-commodity-murabaha-facility-from-dukhan-bank-to-boost-data-centre-capacity-and-ai-infrastructure/

Named expansion facilities · 3 facilities

Actual · MEEZA Qatar Data Center Expansion Program (Project)

Claim 36628 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. MEEZA secures additional QAR 1.6 billion Murabaha facility

    MEEZA · Document date: Jul 30, 2026 · Primary

    Source reference: SRC-2030 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-secures-additional-qar-1-6-billion-murabaha-facility-to-fund-expansion-of-data-centre-capacity-to-more-than-triple-current-size/

Additional murabaha facility · 1.6 QAR billion

Actual · MEEZA Qatar Data Center Expansion Program (Project)

Claim 36629 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. MEEZA secures additional QAR 1.6 billion Murabaha facility

    MEEZA · Document date: Jul 30, 2026 · Primary

    Source reference: SRC-2030 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-secures-additional-qar-1-6-billion-murabaha-facility-to-fund-expansion-of-data-centre-capacity-to-more-than-triple-current-size/

Prior murabaha facility · 800 QAR million

Actual · MEEZA Qatar Data Center Expansion Program (Project)

Claim 36630 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. MEEZA secures QAR 800 million Commodity Murabaha facility

    MEEZA · Document date: Aug 26, 2025 · Primary

    Source reference: SRC-2035 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-secures-qar-800-million-commodity-murabaha-facility-from-dukhan-bank-to-boost-data-centre-capacity-and-ai-infrastructure/

  2. Dukhan Bank confirms MEEZA QAR 800 million facility

    Dukhan Bank · Document date: Aug 26, 2025 · Corroborating

    Source reference: SRC-2036 · Recorded authority: Party primary

    Source URL

    https://www.dukhanbank.com/media-center/press-release/meeza-secures-qar-800-million-commodity-murabaha-facility-from-dukhan-bank-to-boost-data-centre-capacity-and-ai-infrastructure

Facilities financed · M-Vault 6; M-Vault 7; M-Vault 8

Actual · MEEZA Qatar Data Center Expansion Program (Project)

Claim 36631 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. MEEZA secures additional QAR 1.6 billion Murabaha facility

    MEEZA · Document date: Jul 30, 2026 · Primary

    Source reference: SRC-2030 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-secures-additional-qar-1-6-billion-murabaha-facility-to-fund-expansion-of-data-centre-capacity-to-more-than-triple-current-size/

Hyperscaler contract value over · 750 QAR million

Actual · MEEZA Qatar Data Center Expansion Program (Project)

Claim 36633 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. MEEZA signs QAR 750 million-plus 6 MW hyperscaler agreement

    MEEZA · Document date: Oct 28, 2025 · Primary

    Source reference: SRC-2034 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-signs-new-landmark-data-centre-agreement-worth-over-qar-750-million-to-secure-6-megawatts-of-data-center-services-for-a-global-hyperscaler/

Included facilities · M-Vault 6; M-Vault 7; M-Vault 8

Actual · MEEZA Qatar Data Center Expansion Program (Project)

Claim 50502 · Recorded claim type: Actual · Review: Approved · Claim date: Jul 28, 2026

  1. MEEZA secures additional QAR 1.6 billion Murabaha facility

    MEEZA · Document date: Jul 30, 2026 · Corroborating

    Source reference: SRC-2030 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-secures-additional-qar-1-6-billion-murabaha-facility-to-fund-expansion-of-data-centre-capacity-to-more-than-triple-current-size/

  2. MEEZA records 15% revenue growth during H1 2026

    MEEZA · Document date: Jul 28, 2026 · Primary

    Source reference: SRC-2031 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-records-15-revenue-growth-during-h1-2026/

Capacity target · 60+ MW

Planned / design or future potential · MEEZA Qatar Data Center Expansion Program (Project)

Claim 50503 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Jul 28, 2026

Headline treatment: Separate claim, not added to the headline

  1. MEEZA records 15% revenue growth during H1 2026

    MEEZA · Document date: Jul 28, 2026 · Primary

    Source reference: SRC-2031 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-records-15-revenue-growth-during-h1-2026/

  2. QNB Financial Services Daily Market Report — MEEZA expansion

    QNB Financial Services · Document date: Apr 1, 2026 · Corroborating

    Source reference: SRC-6675 · News report · Recorded authority: Secondary

    Source URL

    https://www.qnb-secure.com.qa/sites/qnb/qnbfs/document/en/enDMR01April2026

Target horizon · 3 years

Forecast · MEEZA Qatar Data Center Expansion Program (Project)

Claim 50504 · Recorded claim type: Forecast · Review: Approved · Claim date: Jul 28, 2026

  1. MEEZA records 15% revenue growth during H1 2026

    MEEZA · Document date: Jul 28, 2026 · Primary

    Source reference: SRC-2031 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-records-15-revenue-growth-during-h1-2026/

Financing amount · 1,600,000,000 QAR

Transaction scope · MEEZA Qatar Data Center Expansion Program (Project)

Claim 50505 · Recorded claim type: Transaction scope · Review: Approved · Claim date: Jul 30, 2026

  1. MEEZA secures additional QAR 1.6 billion Murabaha facility

    MEEZA · Document date: Jul 30, 2026 · Primary

    Source reference: SRC-2030 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-secures-additional-qar-1-6-billion-murabaha-facility-to-fund-expansion-of-data-centre-capacity-to-more-than-triple-current-size/

Financing instrument · Long term Sharia compliant Commodity Murabaha

Transaction scope · MEEZA Qatar Data Center Expansion Program (Project)

Claim 50506 · Recorded claim type: Transaction scope · Review: Approved · Claim date: Jul 30, 2026

  1. MEEZA secures additional QAR 1.6 billion Murabaha facility

    MEEZA · Document date: Jul 30, 2026 · Primary

    Source reference: SRC-2030 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.meeza.net/meeza-secures-additional-qar-1-6-billion-murabaha-facility-to-fund-expansion-of-data-centre-capacity-to-more-than-triple-current-size/

Counterparties and capital

Dukhan Bank · Lender · CMP-0974

MEEZA QSTP-LLC · Developer, Investor · CMP-0973

Undisclosed MEEZA hyperscaler customer · Customer · CMP-0975

Commodity Murabaha facility

QAR 800,000,000 · Aug 26, 2025

Portfolio facility for 44 MW expansion; no project-cost allocation.

Dukhan Bank (Lender) · MEEZA QSTP-LLC (Borrower)

Sources (2)

Financing record 114; claim-specific source links appear in the exhibit sources where published.

Customer data center lease

QAR 750,000,000 · Oct 28, 2025

More-than amount for 6 MW phase; customer and exact campus undisclosed.

MEEZA QSTP-LLC (Service provider) · Undisclosed MEEZA hyperscaler customer (Customer)

Sources (1)

Financing record 116; claim-specific source links appear in the exhibit sources where published.

Additional Commodity Murabaha facility

QAR 1,600,000,000 · Jul 30, 2026

Additional portfolio facility covering M-Vaults 6-8;

Dukhan Bank (Lender) · MEEZA QSTP-LLC (Borrower)

Sources (1)

Financing record 115; claim-specific source links appear in the exhibit sources where published.

Debt financing

QAR 1,600,000,000 · Jul 30, 2026

Additional facility from Dukhan Bank supports M-Vault 6, 7 and 8 and broader portfolio growth; no amount is allocated to M-Vault 7.

Dukhan Bank (Lender) · MEEZA QSTP-LLC (Borrower)

Sources (1)

Financing record 144; claim-specific source links appear in the exhibit sources where published.

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.