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ADIA Completes Acquisition of 40% Stake in Landmark Dividend Alongside DigitalBridge

DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) has completed the acquisition of a 40% stake in DigitalBridge portfolio company Landmark Dividend LLC (“Landmark”).

The investment, previously announced on November 1, 2023, was completed alongside DigitalBridge-sponsored vehicles to support the continued expansion of Landmark’s real estate and infrastructure growth platform.

Tim Brazy, Chief Executive Officer at Landmark Dividend, said, “We are pleased to complete this important transaction. Our partnership with DigitalBridge and ADIA allows us to expand our portfolio in strategic locations and better serve our customers by providing them with access to a broader range of high-quality assets.”

"Landmark's position as a leader in acquiring and developing real estate and infrastructure, coupled with its reputation, has enabled the company to pioneer innovative solutions and drive industry standards. We are pleased to support Landmark’s continued growth,” said Khadem AlRemeithi, Executive Director of the Infrastructure Department at ADIA. “This acquisition further underscores ADIA’s ambition to bolster our investments in digital infrastructure in the United States."

Steven Sonnenstein, Senior Managing Director at DigitalBridge and Chairman of the Board at Landmark, said, "We are thrilled to welcome ADIA as a strategic partner. Together, we are well-positioned to capitalize on the exciting opportunities ahead."

TAP Advisors served as financial advisor to DigitalBridge, and Simpson Thacher & Bartlett LLP served as legal advisor to DigitalBridge. Gibson Dunn & Crutcher LLP served as legal advisor to ADIA.

About ADIA

Established in 1976, the Abu Dhabi Investment Authority (“ADIA”) is a globally diversified investment institution that prudently invests funds on behalf of the Government of Abu Dhabi through a strategy focused on long-term value creation.

For more information: https://www.adia.ae

About DigitalBridge

DigitalBridge (NYSE: DBRG) is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells, and edge infrastructure, the DigitalBridge team manages over $80 billion of infrastructure assets on behalf of its limited partners and shareholders. Headquartered in Boca Raton, Florida, DigitalBridge has key offices in New York, Los Angeles, London, Luxembourg, and Singapore.

For more information, visit: www.digitalbridge.com

About Landmark Dividend LLC

Landmark Dividend LLC is a real estate and infrastructure acquisition and development company focusing on the digital infrastructure, wireless communication, outdoor advertising and renewable power generation industries. Landmark Dividend currently manages over 5,000 assets.

For more information, visit: www.landmarkdividend.com

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond our control, and may cause actual results to differ significantly from those expressed in any forward-looking statement. Factors that might cause such a difference include changes to the level of demand for digital infrastructure, the Company’s ability to continue to scale its platform and other risks and uncertainties, including those detailed in DigitalBridge’s Annual Report on Form 10-K for the year ended December 31, 2023, and its other reports filed from time to time with the U.S. Securities and Exchange Commission. All forward-looking statements reflect DigitalBridge’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. DigitalBridge cautions investors not to unduly rely on any forward-looking statements. The forward-looking statements speak only as of the date of this press release. DigitalBridge is under no duty to update any of these forward-looking statements after the date of this press release, nor to conform prior statements to actual results or revised expectations, and DigitalBridge does not intend to do so.

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