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Cartis diligence evidence schedule

NEXTDC M4 Fishermans Bend Technology Campus

PRJ-0034 · Site · 127 Todd Road, Port Melbourne, Victoria, Australia

Record last updated Oct 28, 2026

Scope and capacity

NEXTDC's M4 campus at Fishermans Bend has development approval and remains in planning. The current operator page targets 150 MW of IT capacity and 26,400 square metres of technical space.

Headline: Not established in published records

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.

Project status · Approved in planning

Actual · NEXTDC M4 Fishermans Bend Technology Campus (Project)

Claim 4582 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. M4 Technology Campus approved

    NEXTDC · Document date: Jan 19, 2026 · Primary

    Source reference: SRC-0260 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/m4-technology-campus-approved

  2. M4 Melbourne Data Centre

    NEXTDC · Document date: Not stated · Corroborating

    Source reference: SRC-0261 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/data-centres/melbourne-data-centres/m4-melbourne

Site address · 127 Todd Road, Port Melbourne

Actual · NEXTDC M4 Fishermans Bend Technology Campus (Project)

Claim 4583 · Recorded claim type: Actual · Review: Approved · Claim date: Jun 12, 2025

  1. M4 Technology Campus approved

    NEXTDC · Document date: Jan 19, 2026 · Corroborating

    Source reference: SRC-0260 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/m4-technology-campus-approved

  2. NEXTDC announces $2 billion AI Factory and Technology Campus at Fishermans Bend

    NEXTDC · Document date: Jun 12, 2025 · Primary

    Source reference: SRC-0258 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/nextdc-announces-2-billion-ai-factory-and-technology-campus-at-fishermans-bend

Capital commitment · 2,000,000,000 AUD

Transaction scope · NEXTDC M4 Fishermans Bend Technology Campus (Project)

Claim 4584 · Recorded claim type: Transaction scope · Review: Approved · Claim date: Jun 12, 2025

  1. M4 Technology Campus approved

    NEXTDC · Document date: Jan 19, 2026 · Corroborating

    Source reference: SRC-0260 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/m4-technology-campus-approved

  2. NEXTDC announces $2 billion AI Factory and Technology Campus at Fishermans Bend

    NEXTDC · Document date: Jun 12, 2025 · Primary

    Source reference: SRC-0258 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/nextdc-announces-2-billion-ai-factory-and-technology-campus-at-fishermans-bend

  3. New $2 billion tech hub for Fishermans Bend

    Victorian Government · Document date: Jun 12, 2025 · Corroborating

    Source reference: SRC-0259 · Government record · Recorded authority: Official primary

    Source URL

    https://www.premier.vic.gov.au/new-2-billion-tech-hub-fishermans-bend

Target IT capacity · 150 MW

Planned / design or future potential · NEXTDC M4 Fishermans Bend Technology Campus (Project)

Claim 4586 · Recorded claim type: Forecast · Review: Approved · Claim date: Not stated

Headline treatment: Conflicting source claims

Conflicting public evidence is preserved.

  1. M4 Melbourne Data Centre

    NEXTDC · Document date: Not stated · Primary

    Source reference: SRC-0261 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/data-centres/melbourne-data-centres/m4-melbourne

Broader campus capacity · 162 MW

Planned / design or future potential · NEXTDC M4 Fishermans Bend Technology Campus (Project)

Claim 4587 · Recorded claim type: Actual · Review: Approved · Claim date: Jan 19, 2026

Headline treatment: Conflicting source claims

Conflicting public evidence is preserved.

  1. M4 Technology Campus approved

    NEXTDC · Document date: Jan 19, 2026 · Primary

    Source reference: SRC-0260 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/m4-technology-campus-approved

Technical space · 26,400 sqm

Forecast · NEXTDC M4 Fishermans Bend Technology Campus (Project)

Claim 4588 · Recorded claim type: Forecast · Review: Approved · Claim date: Not stated

  1. M4 Melbourne Data Centre

    NEXTDC · Document date: Not stated · Primary

    Source reference: SRC-0261 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/data-centres/melbourne-data-centres/m4-melbourne

Mission critical facilities area · 50,000 sqm

Actual · NEXTDC M4 Fishermans Bend Technology Campus (Project)

Claim 4589 · Recorded claim type: Actual · Review: Approved · Claim date: Jun 12, 2025

  1. NEXTDC announces $2 billion AI Factory and Technology Campus at Fishermans Bend

    NEXTDC · Document date: Jun 12, 2025 · Primary

    Source reference: SRC-0258 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/nextdc-announces-2-billion-ai-factory-and-technology-campus-at-fishermans-bend

Campus components · AI Factory; Mission Critical Operations Centre; Technology Centre of Excellence

Actual · NEXTDC M4 Fishermans Bend Technology Campus (Project)

Claim 4590 · Recorded claim type: Actual · Review: Approved · Claim date: Jun 12, 2025

  1. M4 Technology Campus approved

    NEXTDC · Document date: Jan 19, 2026 · Corroborating

    Source reference: SRC-0260 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/m4-technology-campus-approved

  2. NEXTDC announces $2 billion AI Factory and Technology Campus at Fishermans Bend

    NEXTDC · Document date: Jun 12, 2025 · Primary

    Source reference: SRC-0258 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/nextdc-announces-2-billion-ai-factory-and-technology-campus-at-fishermans-bend

Rack density design · >1000 kW per rack

Planned / design or future potential · NEXTDC M4 Fishermans Bend Technology Campus (Project)

Claim 4591 · Recorded claim type: Forecast · Review: Approved · Claim date: Jun 12, 2025

Headline treatment: Power density; not a whole-site capacity

  1. M4 Technology Campus approved

    NEXTDC · Document date: Jan 19, 2026 · Corroborating

    Source reference: SRC-0260 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/m4-technology-campus-approved

  2. NEXTDC announces $2 billion AI Factory and Technology Campus at Fishermans Bend

    NEXTDC · Document date: Jun 12, 2025 · Primary

    Source reference: SRC-0258 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/nextdc-announces-2-billion-ai-factory-and-technology-campus-at-fishermans-bend

Cooling design · Direct to chip closed loop liquid

Design · NEXTDC M4 Fishermans Bend Technology Campus (Project)

Claim 4592 · Recorded claim type: Design · Review: Approved · Claim date: Jan 19, 2026

  1. M4 Technology Campus approved

    NEXTDC · Document date: Jan 19, 2026 · Corroborating

    Source reference: SRC-0260 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/m4-technology-campus-approved

  2. NEXTDC announces $2 billion AI Factory and Technology Campus at Fishermans Bend

    NEXTDC · Document date: Jun 12, 2025 · Primary

    Source reference: SRC-0258 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/nextdc-announces-2-billion-ai-factory-and-technology-campus-at-fishermans-bend

Recycled water cooling · Planned

Forecast · NEXTDC M4 Fishermans Bend Technology Campus (Project)

Claim 4593 · Recorded claim type: Forecast · Review: Approved · Claim date: Jun 12, 2025

  1. M4 Technology Campus approved

    NEXTDC · Document date: Jan 19, 2026 · Corroborating

    Source reference: SRC-0260 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/m4-technology-campus-approved

  2. NEXTDC announces $2 billion AI Factory and Technology Campus at Fishermans Bend

    NEXTDC · Document date: Jun 12, 2025 · Primary

    Source reference: SRC-0258 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/news/nextdc-announces-2-billion-ai-factory-and-technology-campus-at-fishermans-bend

Tier certification · Tier IV

Forecast · NEXTDC M4 Fishermans Bend Technology Campus (Project)

Claim 4594 · Recorded claim type: Forecast · Review: Approved · Claim date: Not stated

  1. M4 Melbourne Data Centre

    NEXTDC · Document date: Not stated · Primary

    Source reference: SRC-0261 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://www.nextdc.com/data-centres/melbourne-data-centres/m4-melbourne

Counterparties and capital

NEXTDC Limited · Operator · CMP-0157

Victorian Government · Government authority · CMP-0158

Investment commitment

A$2,000,000,000 · Jun 12, 2025

NEXTDC project commitment; no separate debt/equity package disclosed.

NEXTDC Limited (Sponsor)

Financing record 29; 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.