Digital Realty — Feb 5, 2026 release

Dollar / Euro ​ $1.13 - $1.18 ​ ​ ​  External Growth ​ ​ Dispositions / Joint Venture Capital ​ ​ Dollar volume ​ $500 - $1,000 million Cap rate ​ 0.0% - 10.0% Development ​ ​ CapEx (Net of Partner Contributions) (4) ​ $3,250 - $3,750 million Average stabilized yields ​ 10.0%+ Enhancements and other non-recurring CapEx  (5) ​ $30 - $35 million Recurring CapEx + capitalized leasing costs (6) ​ $400 - $425 million ​ ​ ​  Balance Sheet ​ ​ Long-term debt issuance ​ ​ Dollar amount ​ $1,000 - $1,500 million Pricing ​ 4.0% - 4.5% Timing ​ Mid-Year ​ ​ ​  Net income per diluted share ​ $2.55 - $2.65 Real estate depreciation and (gain) / loss on sale ​ $4.90 - $4.90  Funds From Operations / share (NAREIT-Defined) ​ $7.45 - $7.55 Non-core expenses and revenue streams ​ $0.45 - $0.45  Core Funds From Operations / share ​ $7.90 - $8.00 Foreign currency translation adjustments ​ $0.00 - $0.00 Constant-Currency Core Funds From Operations / share ​ $7.90 - $8.00 ​ (1) Net non-cash rent adjustments represent the sum of straight-line rental revenue and straight-line rental expense, as well as the amortization of above- and below-market leases (i.e., ASC 805 adjustments). (2) Year-end portfolio occupancy guidance based on IT load (kW). (3) The “ Same-Capital ” pool includes properties owned as of December 31, 2024 with less than 5% of total rentable square feet under development. It excludes properties that were undergoing, or were expected to undergo, development acti