DigitalOcean Secures Up to $1.025B Equipment Finance Facility for AI Infrastructure Expansion

Summary of Material Event

On September 10, 2026, DigitalOcean Holdings, Inc. (NYSE: DOCN) and its wholly owned subsidiary DigitalOcean, LLC entered into a Transaction Agreement and related Equipment Finance Agreements with MUFG Americas Capital Leasing & Finance, LLC (as lessor) and MUFG Bank, Ltd. (as administrative and collateral agent).

Key Terms of the Facility

• Facility Size: $725 million committed financing, plus an accordion feature allowing an increase of up to $300.0 million (reaching up to $1.025 billion in total commitments). DigitalOcean currently intends to exercise the accordion in full subject to lender commitments.
• Drawdown Window: Advances may be requested through September 10, 2027, funding up to 90% of equipment cost (Lessee pre-funds 10% as prepaid rent).
• Pricing & Rate: Fixed rate per advance determined at issuance, equal to a term SOFR swap rate plus 2.75% per annum.
• Maturity & Amortization: Monthly rent payments amortizing advances in full by September 10, 2030.
• Prepayment & Title Transfer: Prepayment premium of 5% in Year 1 and 3% in Year 2; title transfers to DigitalOcean for nominal consideration upon full payment.
• Accounting Treatment: Expected to be accounted for as finance leases.
• Purpose: Capacity expansion and procurement of GPU, CPU, and related data center infrastructure to meet growing customer demand for its AI-Native Cloud platform.