NEXTDC responds to ASX query on disclosure practices

NEXTDC Limited addressed a query from the ASX regarding its compliance with Listing Rules 3.1 and 15.7. This followed an article in The Australian Financial Review on December 4, 2025, about OpenAI becoming a major tenant. The article, published online at 8:00 PM AEDT, preceded NXT's official announcement on the ASX Market Announcements Platform at 8:24 AM AEDT on December 5, 2025. NXT confirmed that Craig Scroggie, its chief executive and managing director, was interviewed by the Australian Financial Review on the afternoon of December 4, 2025 (Sydney time).

NXT clarified that its entry into a memorandum of understanding (MOU) was not expected to be price-sensitive information, nor did it have a material effect on the price or value of NXT's shares. On December 5, 2025, NXT's closing price was approximately 3.13% higher than its previous closing price on December 4, 2025. To ensure no trading took place on an uninformed basis, NXT issued an announcement to the ASX confirming the nature of the MOU.

NEXTDC stated it has a Continuous Disclosure Policy available on its website, outlining procedures for internal escalation and reporting of price-sensitive information. The company asserted that its current arrangements, reviewed annually, are adequate and appropriately enforced, and confirmed that its responses have been authorized and approved by its chief executive and managing director.