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Cartis diligence evidence schedule

QScale Q01 Campus

PRJ-0457 · Site · Lévis / Québec City area, Quebec, Canada

Record last updated Oct 28, 2026

Scope and capacity

QScale Q01 Campus is one two-building AI/HPC campus; 142 MW campus power is a campus power figure.

Headline: 142 MW Planned / design

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.

Campus power capacity · 142 MW

Planned / design or future potential · QScale Q01 Campus (Project)

Claim 43914 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

Headline treatment: Selected headline

  1. HPE becomes first anchor tenant at Q01

    QScale · Document date: May 22, 2023 · Primary

    Source reference: SRC-2450 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/news/hewlett-packard-enterprise-hpe-q01-campus

  2. QScale Q01 Campus

    QScale · Document date: Not stated · Primary

    Source reference: SRC-2446 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/q01-campus

Accessible power · 266 MVA

Source report · QScale Q01 Campus (Project)

Claim 43915 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. QScale Q01 Campus

    QScale · Document date: Not stated · Primary

    Source reference: SRC-2446 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/q01-campus

Building count · 2 buildings

Source report · QScale Q01 Campus (Project)

Claim 43916 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. QScale starts second Q01 building

    Data Center Dynamics · Document date: Jun 5, 2026 · Primary

    Source reference: SRC-2456 · Recorded authority: Secondary

    Source URL

    https://www.datacenterdynamics.com/en/news/canadas-qscale-breaks-ground-on-second-building-at-qu%C3%A9bec-campus/

  2. QScale begins construction of Q01 Building B

    QScale · Document date: Jun 4, 2026 · Primary

    Source reference: SRC-2447 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/news/q01-building-b-60mw-ai-ready-infrastructure

Total building space · 930,000 square feet approx.

Source report · QScale Q01 Campus (Project)

Claim 43917 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. QScale Q01 Campus

    QScale · Document date: Not stated · Primary

    Source reference: SRC-2446 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/q01-campus

White space per phase · 39,000 square feet approx.

Source report · QScale Q01 Campus (Project)

Claim 43918 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. QScale Q01 Campus

    QScale · Document date: Not stated · Primary

    Source reference: SRC-2446 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/q01-campus

Total white space · 313,000 square feet approx.

Source report · QScale Q01 Campus (Project)

Claim 43919 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. QScale Q01 Campus

    QScale · Document date: Not stated · Primary

    Source reference: SRC-2446 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/q01-campus

Renewable power percent marketed · 100 %

Source report · QScale Q01 Campus (Project)

Claim 43920 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. QScale Q01 Campus

    QScale · Document date: Not stated · Primary

    Source reference: SRC-2446 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/q01-campus

Tier design · Tier 3 compliant design

Source report · QScale Q01 Campus (Project)

Claim 43921 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. QScale Q01 Campus

    QScale · Document date: Not stated · Primary

    Source reference: SRC-2446 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/q01-campus

Ocp ready recognition · True

Source report · QScale Q01 Campus (Project)

Claim 43922 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Q01 wins North American Data Center Project of the Year

    QScale · Document date: Dec 6, 2023 · Primary

    Source reference: SRC-2453 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/news/north-american-data-center-project-of-the-year-dcd-global-awards-2023-winner

  2. Q01 becomes Canada's first OCP Ready colocation facility

    QScale · Document date: Dec 15, 2022 · Primary

    Source reference: SRC-2452 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/news/q01-first-ocp-ready-colocation-facility-in-canada

Campus first anchor tenant · Hewlett Packard Enterprise

Source report · QScale Q01 Campus (Project)

Claim 43923 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. HPE becomes first anchor tenant at Q01

    QScale · Document date: May 22, 2023 · Primary

    Source reference: SRC-2450 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/news/hewlett-packard-enterprise-hpe-q01-campus

Platform acquisition closed · True

Source report · QScale Q01 Campus (Project)

Claim 43924 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Goldman Sachs Alternatives acquires QScale

    Goldman Sachs Alternatives · Document date: May 13, 2026 · Primary

    Source reference: SRC-2448 · Recorded authority: Party primary

    Source URL

    https://am.gs.com/en-us/advisors/news/press-release/2026/goldman-sachs-alternatives-acquire-qscale

Acquisition consideration disclosed · False

Source report · QScale Q01 Campus (Project)

Claim 43925 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Goldman Sachs Alternatives acquires QScale

    Goldman Sachs Alternatives · Document date: May 13, 2026 · Primary

    Source reference: SRC-2448 · Recorded authority: Party primary

    Source URL

    https://am.gs.com/en-us/advisors/news/press-release/2026/goldman-sachs-alternatives-acquire-qscale

Campus operating IT load disclosed · False

Source report · QScale Q01 Campus (Project)

Claim 43926 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. HPE becomes first anchor tenant at Q01

    QScale · Document date: May 22, 2023 · Primary

    Source reference: SRC-2450 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/news/hewlett-packard-enterprise-hpe-q01-campus

  2. QScale Q01 Campus

    QScale · Document date: Not stated · Primary

    Source reference: SRC-2446 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/q01-campus

Building b capacity additive to campus power · False

Source report · QScale Q01 Campus (Project)

Claim 43927 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. QScale begins construction of Q01 Building B

    QScale · Document date: Jun 4, 2026 · Primary

    Source reference: SRC-2447 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/news/q01-building-b-60mw-ai-ready-infrastructure

  2. QScale Q01 Campus

    QScale · Document date: Not stated · Primary

    Source reference: SRC-2446 · Recorded authority: Party primary

    Source URL

    https://www.qscale.com/q01-campus

Counterparties and capital

Aligned Data Centers · Investor · CMP-0165

Goldman Sachs Alternatives · Owner · CMP-1128

Open Compute Project Foundation · Contractor · CMP-1138

QScale · Operator · CMP-1127

Growth equity investment

Amount not disclosed · Jun 30, 2023

Aligned strategic investment for future Q01 phases and other campuses; consideration undisclosed.

Aligned Data Centers (Investor) · QScale (Issuer target)

Financing record 126; claim-specific source links appear in the exhibit sources where published.

Closed platform acquisition

Amount not disclosed · May 13, 2026

Goldman Sachs Alternatives acquired QScale with founders and management reinvesting; consideration undisclosed.

Goldman Sachs Alternatives (Acquirer investor) · Macquarie Capital (Buyer financial advisor) · National Bank Capital Markets (Buyer financial advisor) · QScale (Target) · Scotiabank (Seller financial advisor) · TD Securities (Seller financial advisor)

Financing record 127; 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.