InterXion Holding N.V. (Form: 6-K, Received: 11/07/2019 08:06:04)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Report on Form 6-K dated 7 November 2019

(Commission File No. 001-35053)

INTERXION HOLDING N.V.

(Translation of Registrant’s Name into English)

Scorpius 30, 2132 LR Hoofddorp, The Netherlands, +31 20 880 7600

(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) ): ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

This report contains Interxion Holding N.V.’s (1) third quarter 2019 earnings press release and (2) slides containing third quarter 2019 earnings information.


Exhibit

99.1		The press release “Interxion Reports Third Quarter 2019 Results”, dated 7 November 2019.

99.2		Slides containing third quarter 2019 earnings information, dated 7 November 2019.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


		INTERXION HOLDING N.V.

By:		/s/ David C. Ruberg
Name:		David C. Ruberg
Title:		Chief Executive Officer

Date: 7 November 2019

Exhibit 99.1

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Press Release, 7 November 2019

Interxion Reports Third Quarter 2019 Results

Revenue Growth of 12% Year Over Year

AMSTERDAM 7 November 2019 – Interxion Holding NV (NYSE: INXN), a leading European provider of carrier and cloud-neutral colocation data centre services, today announced its results for the three-month period ended 30 September 2019.

3Q 2019 Financial Highlights

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Revenue increased by 12% to €159.4 million (3Q 2018: €142.2 million).

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Recurring revenue⁽¹⁾ increased by 13% to €152.3 million (3Q 2018: €134.8 million).

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Net income increased by €10.6 million to €21.5 million (3Q 2018: €10.9 million).

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Adjusted net income⁽¹⁾ increased by €8.6 million to €20.2 million (3Q 2018: €11.6 million).

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Diluted earnings per share increased by €0.13 to €0.28 (3Q 2018: €0.15).

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Adjusted diluted earnings per share⁽¹⁾ increased by €0.10 to €0.26 (3Q 2018: €0.16).

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Adjusted EBITDA⁽¹⁾increased by 26% to €82.7 million (3Q 2018: €65.8 million).

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Adjusted EBITDA margin⁽¹⁾ increased to 51.9% (3Q 2018: 46.3%).

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Capital expenditures, including intangible assets⁽²⁾, were €150.6 million (3Q 2018: €103.2 million).

All of the following items are non-IFRS measures intended to adjust for certain items and are not measures of financial performance under IFRS: “Adjusted EBITDA”, “Adjusted EBITDA margin”, “Adjusted EBITDA excluding the impact of IFRS 16”, “Adjusted EBITDA margin excluding the impact of IFRS 16”, “Recurring revenue”, “Revenue on a constant currency basis”, “Adjusted net income”, “Adjusted basic earnings per share”, “Adjusted diluted earnings per share” and “Cash generated from operations”. Complete definitions can be found in the “Non-IFRS Financial Measures” section in this press release. Reconciliations of Net income to Adjusted EBITDA, Adjusted EBITDA to Adjusted EBITDA excluding the impact of IFRS 16, Net income to Adjusted net income and Revenue to Recurring revenue, can be found in the financial tables later in this press release.

²	Capital expenditure, including intangible assets, represents payments to acquire property, plant and equipment and intangible assets, as recorded in the consolidated statement of cash flows as “Purchase of property, plant and equipment” and “Purchase of intangible assets”, respectively.

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3Q 2019 Operating Highlights

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Equipped space⁽³⁾ increased by 5,000 square metres (“sqm”) during the quarter to 159,800 sqm.

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Revenue generating space⁽⁴⁾ increased by 1,100 sqm during the quarter to 122,700 sqm.

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Utilisation rate⁽⁵⁾ at the end of the quarter was 77%.

•

During the third quarter, Interxion completed the following capacity additions:

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2,600 sqm in Frankfurt;

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1,200 sqm in Marseille;

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700 sqm in Madrid;

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600 sqm in Copenhagen;

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200 sqm in Vienna; and

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100 sqm in Zurich.

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Closed 500 sqm satellite data centre that came with the Science Park acquisition that was completed in 2017.

Equipped space is the amount of data centre space that, on the date indicated, is equipped and is either sold or could be sold, without making any significant additional investments to common infrastructure. This number is net of a decrease of 500 sqm due to the closure of a satellite data centre that came with the Science Park acquisition (referred to as AMS9) and was previously included in the AMS9 sqm reporting.

⁴	Revenue generating space is the amount of Equipped space that is under contract and billed on the date indicated. This number is net of a decrease in Science Park.

⁵	Utilisation rate represents Revenue generating space as a percentage of Equipped space.

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“Interxion posted solid results for the third quarter led by 13% recurring revenue growth and strong margins. Favourable demand trends for colocation reflect ongoing migration towards cloud and digital content platforms by enterprises and consumers,” said David Ruberg, Interxion’s Chief Executive Officer. “The platform providers continue to expand their presence in Europe and seek line of sight to substantial future capacity, which we are well placed to deliver at our highly-connected campuses in key cities across Europe.”

Interxion to Combine with Digital Realty

On 29 October 2019, Interxion and Digital Realty (NYSE: DLR) announced they entered into a definitive agreement to combine their businesses to create a leading global provider of data centre, colocation and interconnection solutions. Under the terms of the agreement, Interxion shareholders will receive a fixed exchange ratio of 0.7067 Digital Realty shares per Interxion share. Based on Digital Realty’s closing stock price of $132.28 on 28 October 2019, the transaction values Interxion at approximately $93.48 per ordinary share, or approximately $8.4 billion of total enterprise value, including assumed net debt. Completion of the transaction is subject to customary closing conditions, including approval by shareholders of Interxion and shareholders of Digital Realty.

“The combination of Interxion with Digital Realty is compelling from a strategic perspective and brings together two highly complementary businesses in terms of market positioning and geographical footprint,” said David Ruberg, Interxion’s Chief Executive Officer. “We are creating one of the largest data centre operators in the world. This transaction offers our shareholders an attractive return and, as you will see in forthcoming filings, follows many discussions over several years with potential strategic and financial acquirers of Interxion and other parties that have sought to pursue transactions with us. We strongly believe that the combination with Digital Realty will deliver significant long-term value for all our stakeholders.”

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Quarterly Review

As previously noted, the implementation of International Financial Reporting Standard 16 - Leases (“IFRS 16”) on 1 January 2019 reclassified certain expense items, thus impacting the comparability of our results to periods prior to the implementation of IFRS 16. This accounting change had no impact on our revenues or underlying net cash flows. A reconciliation from the relevant measures reported under IFRS 16 to the corresponding measures excluding the impact of IFRS 16 is provided later in this press release.

Revenue in the third quarter of 2019 was €159.4 million, a 12% increase over the third quarter of 2018 and a 1% increase over the second quarter of 2019. Recurring revenue was €152.3 million, a 13% increase over the third quarter of 2018 and a 2% increase over the second quarter of 2019. Recurring revenue in the third quarter represented 96% of total revenue. On a constant currency⁽⁶⁾ basis, revenue in the third quarter of 2019 was also 12% higher than in the third quarter of 2018.

Cost of sales in the third quarter of 2019 were €54.1 million, a 3% decrease from the third quarter of 2018 and a 1% decrease from the second quarter of 2019.

Gross profit was €105.3 million in the third quarter of 2019, a 22% increase over the third quarter of 2018 and a 1% increase over the second quarter of 2019. Gross profit margin was 66.0% in the third quarter of 2019, compared with 60.7% in the third quarter of 2018 and 65.5% in the second quarter of 2019.

Sales and marketing costs in the third quarter of 2019 were €8.7 million, a 0.3% increase over the third quarter of 2018 and a 7% decrease from the second quarter of 2019.

⁶

We present constant currency information to assess how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than Euro are converted into Euro using the average exchange rates from the prior period rather than the actual exchange rates in effect during the current period.

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General and administrative costs, excluding the items we adjust for in the determination of Adjusted EBITDA, were €13.9 million in the third quarter of 2019, a 17% increase over the third quarter of 2018 and a 2% decrease from the second quarter of 2019.

Depreciation and amortisation in the third quarter of 2019 were €45.3 million, a 38% increase over the third quarter of 2018 and a 2% increase over the second quarter of 2019.

Operating income in the third quarter of 2019 was €31.3 million, an increase of 16% over the third quarter of 2018 and a 6% increase over the second quarter of 2019.

Net finance expense for the third quarter of 2019 was €3.2 million, a 72% decrease from the third quarter of 2018 and a 81% decrease from the second quarter of 2019. This includes the €9.5 million increase in the fair value of certain convertible loans given to Icolo.

Income tax expense for the third quarter of 2019 was €6.5 million, a 46% increase over the third quarter of 2018 and a 79% increase over the second quarter of 2019.

Net income was €21.5 million in the third quarter of 2019, an 97% increase over the third quarter of 2018 and a 149% increase over the second quarter of 2019, partly driven by the fair value adjustment of the Icolo convertible loans.

Adjusted net income was €20.2 million in the third quarter of 2019, a 74% increase over the third quarter of 2018 and a 171% increase over the second quarter of 2019.

Adjusted EBITDA for the third quarter of 2019 was €82.7 million, a 26% increase over the third quarter of 2018 and a 3% increase over the second quarter of 2019. Adjusted EBITDA margin was 51.9% in the third quarter of 2019, compared to 46.3% in the third quarter of 2018 and 50.6% in the second quarter of 2019.

Adjusted EBITDA excluding the impact of IFRS 16⁽¹⁾ for the third quarter was €74.2 million, a 13% increase over the third quarter of 2018 and a 4% increase over the second quarter of 2019. Adjusted EBITDA margin excluding the effects of IFRS 16 in the third quarter of 2019 was 46.5%, compared to 46.3% in the third quarter of 2018 and 45.1% in the second quarter of 2019.

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Net cash flows from operating activities in the third quarter of 2019 were €65.4 million, compared to €53.9 million in the third quarter of 2018 and €35.8 million in the second quarter of 2019.

Cash generated from operations⁽¹⁾ in the third quarter of 2019 was €75.5 million, compared to €60.9 million in the third quarter of 2018 and €71.8 million in the second quarter of 2019.

Capital expenditures, including intangible assets, in the third quarter of 2019 were €150.6 million, compared with €103.2 million in the third quarter of 2018 and €123.5 million in the second quarter of 2019.

Cash and cash equivalents were €205.8 million at 30 September 2019, compared with €186.1 million at year end 2018.

Total borrowings and lease liabilities net of cash and cash equivalents were €1,502.3 million in aggregate at 30 September 2019, compared with €1,104.1 million at 31 December 2018. Excluding lease liabilities, total borrowings were €1,254.7 million at 30 September 2019, compared with €1,239.8 million at 31 December 2018.

As at 30 September 2019, Interxion’s €300 million unsecured revolving credit facility was undrawn.

On 1 July 2019, Interxion issued 4.6 million new ordinary shares in a public offering, which generated net proceeds of €281.6 million.

Equipped space at the end of the third quarter of 2019 was 159,800 square metres, compared to 140,300 square metres at the end of the third quarter of 2018 and 154,800 square metres at the end of the second quarter of 2019. Revenue generating space at the end of the third quarter of 2019 was 122,700 square metres, compared to 111,200 square metres at the end of the third quarter of 2018 and 121,600 square metres at the end of the second quarter of 2019. Utilisation rate, representing the ratio of revenue

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generating space to equipped space, was 77% at the end of the third quarter of 2019, compared to 79% at the end of the third quarter of 2018 and 79% at the end of the second quarter of 2019.

Forward-looking Statements

This communication contains forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking statements. Factors that could cause actual results and future events to differ materially from Interxion’s expectations include, but are not limited to, the difficulty of reducing operating expenses in the short term, the inability to utilise the capacity of newly planned data centres and data centre expansions, significant competition, the cost and supply of electrical power, data centre industry over-capacity, performance under service level agreements, delays in remediating the material weakness in internal control over financial reporting and/or making disclosure controls and procedures effective, certain other risks detailed herein and other risks described from time to time in Interxion’s filings with the United States Securities and Exchange Commission (the “SEC”).

Interxion does not assume any obligation to update the forward-looking information contained in this press release.

Non-IFRS Financial Measures

These materials include non-IFRS financial measures and ratios, including (i) Adjusted EBITDA; (ii) Adjusted EBITDA margin, (iii) Adjusted EBITDA excluding the impact of IFRS 16; (iv) Adjusted EBITDA margin excluding the impact of IFRS 16; (v) Recurring revenue; (vi) Revenue on a constant currency basis; (vii) Adjusted net income; (viii) Adjusted basic earnings per share; (ix) Adjusted diluted earnings per share and (x) Cash generated from operations, that are not required by, or presented in accordance with, IFRS.

Other companies may present Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EBITDA excluding the impact of IFRS 16, Adjusted EBITDA margin excluding the impact

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of IFRS 16, Recurring revenue, Revenue on a constant currency basis, Adjusted net income, Adjusted basic earnings per share, Adjusted diluted earnings per share and Cash generated from operations differently than we do. None of these measures are measures of financial performance under IFRS and should not be considered as a measure of liquidity or as an alternative to Profit for the period attributable to shareholders (“Net income”) or as indicators of our operating performance or any other measure of performance implemented in accordance with IFRS.

Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EBITDA excluding the impact of IFRS 16, Adjusted EBITDA margin excluding the impact of IFRS 16, Recurring revenue and Revenue on a constant currency basis

We define Adjusted EBITDA as Net income adjusted for income tax expense, net finance expense and the following items, which may occur in any period, and which management believes are not representative of our operating performance:

•

Depreciation and amortisation – property, plant and equipment and intangible assets (except goodwill) are depreciated and amortised on a straight-line basis over the estimated useful life. We believe that these costs do not represent our operating performance.

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Share-based payments – represents primarily the fair value at the date of grant of employee equity awards, which is recognized as an expense over the vesting period. In certain cases, the fair value is redetermined for market conditions at each reporting date, until the final date of grant is achieved. We believe that this expense does not represent our operating performance.

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Income or expense related to the evaluation and execution of potential mergers or acquisitions (“M&A”) – under IFRS, gains and losses associated with M&A activity are recognized in the period in which such gains or losses are incurred. We exclude these effects because we believe they are not reflective of our ongoing operating performance.

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Adjustments related to terminated and unused data centre sites – these gains and losses relate to historical leases entered into for certain brownfield sites, with

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the intention of developing data centres, which were never developed, and for which management has no intention of developing into data centres. We believe the impact of gains and losses related to unused data centres is not reflective of our business activities and our ongoing operating performance.

In certain circumstances, we may also adjust for other items that management believes are not representative of our current ongoing performance. Examples include: adjustments for the cumulative effect of a change in accounting principle or estimate, impairment losses, litigation gains and losses or windfall gains and losses. Adjusted EBITDA margin is defined as Adjusted EBITDA as a percentage of revenue.

In addition, we present Adjusted EBITDA excluding the impact of IFRS 16 for comparative purposes with regard to Adjusted EBITDA presented in periods prior to 1 January 2019, the effective date of IFRS 16. Adjusted EBITDA margin excluding the impact of IFRS 16 is defined as Adjusted EBITDA excluding the impact of IFRS 16 as a percentage of revenue.

For a reconciliation of Net income to Adjusted EBITDA and from Adjusted EBITDA to Adjusted EBITDA excluding the impact of IFRS 16, see the notes to the Condensed Consolidated Interim Financial Statements. Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EBITDA excluding the impact of IFRS 16, Adjusted EBITDA margin excluding the impact of IFRS 16 and other key performance indicators may not be indicative of our historical results of operations based on IFRS, nor are they meant to be predictive of future results under IFRS.

We define Recurring revenue as revenue incurred from colocation and associated power charges, office space, amortised set-up fees, cross-connects and certain recurring managed services (but excluding any ad hoc managed services) provided by us directly or through third parties, excluding rents received for the sublease of unused sites. Management believes that the exclusion of these items provides useful supplemental information to revenue from colocation and associated power charges to aid investors in evaluating the recurring revenue performance of our business. For a reconciliation of Revenue to Recurring revenue, see the notes to the Condensed Consolidated Interim Financial Statements.

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We present constant currency information for revenue to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than Euro are converted into Euro using the average exchange rates from the prior period rather than the actual exchange rates in effect during the current period. We believe that revenue growth is a key indicator of how a company is progressing from period to period and presenting constant currency information for revenue provides useful supplemental information to investors regarding our on-going operational performance because it helps us and our investors evaluate the on-going operating performance of the business after removing the impact of currency exchange rates.

We believe Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EBITDA excluding the impact of IFRS 16, Adjusted EBITDA margin excluding the impact of IFRS 16, Recurring revenue and Revenue on a constant currency basis provide useful supplemental information to investors regarding our ongoing operational performance. These measures help us and our investors evaluate the ongoing operating performance of the business after removing the impact of our capital structure (primarily interest expense), our asset base (primarily depreciation and amortisation) and the implementation of new accounting standards. Management believes that the presentation of Adjusted EBITDA and Adjusted EBITDA excluding the impact of IFRS 16, when combined with the primary IFRS presentation of Net income, provides a more complete analysis of our operating performance. Management also believes the use of Adjusted EBITDA and Adjusted EBITDA excluding the impact of IFRS 16 facilitates comparisons between us and other data centre operators (including other data centre operators that are REITs) and other infrastructure-based businesses. Adjusted EBITDA excluding the impact of IFRS 16 is also a relevant measure used in the financial covenants of our revolving credit facility and our 4.75% Senior Notes due 2025. Pursuant to the terms of our revolving credit facility and our 4.75% Senior Notes due 2025, the calculation of Adjusted EBITDA for the purposes of the financial covenants is determined in accordance with IFRS as of the date of the financing agreements and therefore does not include the impact of IFRS 16.

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Adjusted net income, Adjusted basic earnings per share and Adjusted diluted earnings per share

We define Adjusted net income as Net income adjusted for the following items and the related income tax effect, which may occur in any period, and which management believes are not reflective of our operating performance:

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Adjustments related to provisions – these adjustments are made for adjustments in provisions that are not reflective of the ongoing operating performance of Interxion. These adjustments may include changes in provisions for onerous lease contracts.

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Adjustments related to capitalized interest – under IFRS, we are required to calculate and capitalize interest allocated to the investment in data centres and exclude it from Net income. We believe that reversing the impact of capitalized interest provides information about the impact of the total interest costs and facilitates comparisons with other data centre operators.

Management believes that the exclusion of certain items listed above provides useful supplemental information to Net income to aid investors in evaluating the operating performance of our business and comparing our operating performance with other data centre operators and infrastructure companies. We believe the presentation of Adjusted net income, when combined with Net income prepared in accordance with IFRS, is beneficial to a complete understanding of our performance. A reconciliation from reported Net income to Adjusted net income is provided in notes to the Condensed Consolidated Interim Financial Statements.

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Adjusted basic earnings per share and Adjusted diluted earnings per share amounts are determined on Adjusted net income.

Cash generated from operations

Cash generated from operations is defined as Net cash flows from operating activities, excluding interest and corporate income tax payments and receipts. Management believes that the exclusion of these items provides useful supplemental information to Net cash flows from operating activities to aid investors in evaluating the cash generating performance of our business.

Additional Key Performance Indicators

In addition to Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EBITDA excluding the impact of IFRS 16, Adjusted EBITDA margin excluding the impact of IFRS 16, Recurring revenue, Revenue on a constant currency basis, Adjusted net income, Adjusted basic earnings per share, Adjusted diluted earnings per share and Cash generated from operations, our management also uses the following key performance indicators as measures to evaluate our performance:

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Equipped space: the amount of data centre space that, on the date indicated, is equipped and either sold or could be sold, without making any significant additional investments to common infrastructure. Equipped space at a particular data centre may decrease if either (a) the power requirements of customers at a data centre change so that all or a portion of the remaining space can no longer be sold because the space does not have enough power capacity and/or common infrastructure to support it without further investment or (b) if the design and layout of a data centre changes to meet among others, fire regulations or customer requirements, and necessitates the introduction of common space (such as corridors) which cannot be sold to individual customers;

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•

Revenue generating space: the amount of Equipped space that is under contract and billed on the date indicated;

•

Utilisation rate: on the date indicated, Revenue generating space as a percentage of Equipped space. Some Equipped space is not fully utilised because of customers’ specific requirements regarding the layout of their equipment. In practice, therefore, Utilisation rate does not reach 100%.

IFRS 16 – Leases

We adopted International Financial Reporting Standard 16 – Leases, from 1 January 2019. Under IFRS 16, operating leases are recognized as right of use assets and lease liabilities, and certain components of revenue are recognized as lease revenue.

The impact of IFRS 16 on revenue, gross profit, operating income, Adjusted EBITDA, depreciation and amortisation and net finance expense for the three-month and nine-month periods ended 30 September 2019 and total assets and total liabilities as at 30 September 2019 is provided in the tables attached to this press release.

-ENDS-

About Interxion

Interxion (NYSE: INXN) is a leading provider of carrier and cloud-neutral colocation data centre services in Europe, serving a wide range of customers through 54 data centres in 11 European countries. Interxion’s uniformly designed, energy efficient data centres offer customers extensive security and uptime for their mission-critical applications. With over 700 connectivity providers, 21 European Internet exchanges, and most leading cloud and digital media platforms across its footprint, Interxion has created connectivity, cloud, content and finance hubs that foster growing customer communities of interest. For more information, please visit www.interxion.com.

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Additional Information and Where to Find It

This communication is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any proxy, vote or approval with respect to the proposed transaction or otherwise, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In connection with the proposed transactions, Digital Realty intends to file a Registration Statement on Form S-4 with the U.S. Securities and Exchange Commission (the “SEC”), that will include a proxy statement of Digital Realty, which also constitutes a prospectus of Digital Realty. After the registration statement is declared effective by the SEC, Digital Realty intends to mail a definitive proxy statement/prospectus to shareholders of Digital Realty and Digital Realty intends to cause its subsidiary to file a Tender Offer Statement on Schedule TO (the “Schedule TO”) with the SEC and soon thereafter Interxion intends to file a Solicitation/Recommendation Statement on Schedule 14D-9 (the “Schedule 14D-9”) with respect to the tender offer. The tender offer for the outstanding ordinary shares of Interxion referred to in this document has not yet commenced. The solicitation and offer to purchase shares of Interxion’s ordinary shares will only be made pursuant to the Schedule TO and related offer to purchase. This material is not a substitute for the proxy statement/prospectus, the Schedule TO, the Schedule 14D-9 or the Registration Statement or for any other document that Digital Realty or Interxion may file with the SEC and send to Digital Realty’s or Interxion’s shareholders in connection with the proposed transactions.

BEFORE MAKING ANY VOTING OR INVESTMENT DECISION OR DECISION WITH RESPECT TO THE TENDER OFFER, WE URGE INVESTORS OF DIGITAL REALTY AND INTERXION TO READ THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, SCHEDULE TO (INCLUDING AN OFFER TO PURCHASE, RELATED LETTER OF TRANSMITTAL AND OTHER OFFER DOCUMENTS) AND SCHEDULE 14D-9, AS EACH MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME, AND OTHER RELEVANT DOCUMENTS

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FILED BY DIGITAL REALTY AND INTERXION WITH THE SEC CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT DIGITAL REALTY, INTERXION AND THE PROPOSED TRANSACTIONS.

Investors will be able to obtain free copies of the Registration Statement, proxy statement/prospectus, Schedule TO and Schedule 14D-9, as each may be amended from time to time, and other relevant documents filed by Digital Realty and Interxion with the SEC (when they become available) at http://www.sec.gov, the SEC’s website, or free of charge from Digital Realty’s website (http://www.digitalrealty.com) or by contacting Digital Realty’s Investor Relations Department at (415) 848-9311. These documents are also available free of charge from Interxion’s website (http://www.interxion.com) or by contacting Interxion’s Investor Relations Department at (813) 644-9399.

Participants in the Solicitation

Digital Realty, Interxion and their respective directors and certain of their executive officers and employees may be deemed, under SEC rules, to be participants in the solicitation of proxies from Digital Realty’s and Interxion’s shareholders in connection with the proposed transactions. Information regarding the officers and directors of Digital Realty is included in its definitive proxy statement for its 2019 annual meeting filed with the SEC on April 1, 2019. Information regarding the officers and directors of Interxion and their ownership of Interxion ordinary shares is set forth in Interxion’s Annual Report on Form 20-F, which was filed with the SEC on April 30, 2019. Additional information regarding the persons who may be deemed participants and their interests will be set forth in the Registration Statement and proxy statement/prospectus and other materials when they are filed with SEC in connection with the proposed transactions. Free copies of these documents may be obtained as described in the paragraphs above.

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Forward-Looking Statements

Interxion cautions that statements in this communication that are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties that may impact actual results of operations of Digital Realty, Interxion and the combined company. These forward-looking statements include, among other things, statements about anticipated satisfaction of closing conditions and completion of the proposed transactions contemplated by the purchase agreement between them. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: the ability of Digital Realty and Interxion to obtain the regulatory and shareholder approvals necessary to complete the anticipated combination, on the anticipated timeline or at all; the risk that a condition to the closing of the anticipated combination may not be satisfied, on the anticipated timeline or at all or that the anticipated combination may fail to close; the outcome of any legal proceedings, regulatory proceedings or enforcement matters that may be instituted relating to the anticipated combination; the costs incurred to consummate the anticipated combination; the possibility that the expected synergies from the anticipated combination will not be realized, or will not be realized within the expected time period; difficulties related to the integration of the two companies; disruption from the anticipated combination making it more difficult to maintain relationships with customers, employees, regulators or suppliers; the diversion of management time and attention on the anticipated combination; adverse changes in the markets in which Digital Realty and Interxion operate or credit markets; and changes in the terms, scope or timing of contracts, contract cancellations, and other modifications and actions by customers and other business counterparties of Digital Realty and Interxion. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward looking statements. For a more complete discussion of these and other risk factors, please see (i) Digital Realty’s filings with the SEC, including its annual report on Form 10-K for the year ended December 31, 2018 and subsequent quarterly reports on Form 10-Q and (ii) Interxion’s filings with the SEC, including its annual report on Form 20-F for the year

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ended December 31, 2018 and its subsequent reports on Form 6-K. This communication reflects the views of Interxion’s management as of the date hereof. Except to the extent required by applicable law, Interxion undertakes no obligation to update or revise any forward-looking statement.

Contact information:

Interxion

Jim Huseby

Investor Relations

Tel: +1-813-644-9399

IR@interxion.com

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INTERXION HOLDING NV

CONDENSED CONSOLIDATED INCOME STATEMENTS

(in €‘000 — except per share data and where stated otherwise)

(unaudited)


	Three Months Ended						Nine Months Ended
	Sep-30			Sep-30			Sep-30			Sep-30
	2019			2018			2019			2018
Revenue		159,393			142,191			469,400			414,851
Cost of sales		(54,138	)		(55,852	)		(159,261	)		(162,250	)

Gross Profit		105,255			86,339			310,139			252,601
Other income		—			—			—			86
Sales and marketing costs		(8,737	)		(8,710	)		(27,288	)		(27,019	)
General and administrative costs		(65,226	)		(50,552	)		(192,169	)		(145,447	)

Operating income		31,292			27,077			90,682			80,221
Net finance expense		(3,232	)		(11,732	)		(37,042	)		(46,031	)
Share of result of equity-accounted investees, net of tax		(113	)		—			(277	)		—

Profit before income taxes		27,947			15,345			53,363			34,190
Income tax expense		(6,496	)		(4,445	)		(14,900	)		(11,052	)

Net income		21,451			10,900			38,463			23,138

Basic earnings per share^(a): (€)		0.28			0.15			0.52			0.32
Diluted earnings per share^(b): (€)		0.28			0.15			0.52			0.32

Number of shares outstanding at the end of the period (shares in thousands)		76,604			71,673			76,604			71,673
Weighted average number of shares for Basic EPS (shares in thousands)		76,548			71,642			73,429			71,518
Weighted average number of shares for Diluted EPS (shares in thousands)		77,133			72,091			74,015			71,950

							As at
							Sep-30			Sep-30
Capacity metrics							2019			2018
Equipped space (in square meters)								159,800			140,300
Revenue generating space (in square meters)								122,700			111,200
Utilisation rate								77	%		79	%

(a)

Basic earnings per share are calculated as net income divided by the weighted average number of shares for Basic EPS.

(b)

Diluted earnings per share are calculated as net income divided by the weighted average number of shares for Diluted EPS.

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Press Release, 7 November 2019

INTERXION HOLDING NV

NOTES TO CONDENSED CONSOLIDATED INCOME STATEMENTS: REPORTING SEGMENT INFORMATION

(in €‘000 — except where stated otherwise)

(unaudited)


	Three Months Ended						Nine Months Ended
	Sep-30			Sep-30			Sep-30			Sep-30
	2019			2018			2019			2018
Consolidated
Recurring revenue		152,347			134,754			447,600			393,425
Non-recurring revenue		7,046			7,437			21,800			21,426

Revenue		159,393			142,191			469,400			414,851

Net income		21,451			10,900			38,463			23,138
Net income margin		13.5	%		7.7	%		8.2	%		5.6	%

Operating income		31,292			27,077			90,682			80,221
Operating income margin		19.6	%		19.0	%		19.3	%		19.3	%

Adjusted EBITDA		82,662			65,783			240,097			190,089

Gross profit margin		66.0	%		60.7	%		66.1	%		60.9	%

Adjusted EBITDA margin		51.9	%		46.3	%		51.1	%		45.8	%

Total assets		2,999,220			2,223,963			2,999,220			2,223,963
Total liabilities^(a)		2,024,362			1,601,055			2,024,362			1,601,055
Capital expenditure, including intangible assets^(b)		(150,578	)		(103,185	)		(418,138	)		(319,894	)

France, Germany, the Netherlands, and the UK
Recurring revenue		102,193			89,178			299,729			259,949
Non-recurring revenue		5,145			4,409			14,544			13,062

Revenue		107,338			93,587			314,273			273,011
Operating income		34,498			30,367			101,394			88,314
Operating income margin		32.1	%		32.4	%		32.3	%		32.3	%

Adjusted EBITDA		64,139			51,847			188,195			151,214

Gross profit margin		66.1	%		61.9	%		66.6	%		62.1	%

Adjusted EBITDA margin		59.8	%		55.4	%		59.9	%		55.4	%

Total assets		2,035,901			1,425,769			2,035,901			1,425,769
Total liabilities^(a)		599,321			288,451			599,321			288,451
Capital expenditure, including intangible assets^(b)		(116,405	)		(80,066	)		(293,810	)		(233,196	)

Rest of Europe
Recurring revenue		50,154			45,576			147,871			133,476
Non-recurring revenue		1,901			3,028			7,256			8,364

Revenue		52,055			48,604			155,127			141,840

Operating income		21,099			17,993			62,734			56,231
Operating income margin		40.5	%		37.0	%		40.4	%		39.6	%

Adjusted EBITDA		33,823			28,690			98,658			83,432

Gross profit margin		72.2	%		66.4	%		71.3	%		66.3	%
Adjusted EBITDA margin		65.0	%		59.0	%		63.6	%		58.8	%
Total assets		705,854			464,250			705,854			464,250
Total liabilities^(a)		202,247			92,830			202,247			92,830
Capital expenditure, including intangible assets^(b)		(29,894	)		(20,726	)		(109,372	)		(73,198	)

Corporate and other
Operating income		(24,305	)		(21,283	)		(73,446	)		(64,324	)

Adjusted EBITDA		(15,300	)		(14,754	)		(46,756	)		(44,557	)

Total assets		257,465			333,944			257,465			333,944
Total liabilities		1,222,794			1,219,774			1,222,794			1,219,774
Capital expenditure, including intangible assets^(b)		(4,279	)		(2,393	)		(14,956	)		(13,500	)

(a)

Certain comparative figures as at 30 September 2018 have been restated compared to the amounts disclosed on Form 6-K furnished on 1 November 2018. For further details see Note 2 and Note 28 of our 2018 Consolidated Financial Statements included on Form 20-F, filed with the SEC on 30 April 2019.

(b)

Capital expenditure, including intangible assets, represents payments to acquire property, plant and equipment and intangible assets, as recorded in the condensed consolidated statements of cash flows as “Purchase of property, plant and equipment” and “Purchase of intangible assets”, respectively.

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Press Release, 7 November 2019

INTERXION HOLDING NV

NOTES TO CONDENSED CONSOLIDATED INCOME STATEMENTS: ADJUSTED EBITDA RECONCILIATION

(in €‘000 — except where stated otherwise)

(unaudited)


	Three Months Ended						Nine Months Ended
	Sep-30			Sep-30			Sep-30			Sep-30
	2019			2018			2019			2018
Reconciliation to Adjusted EBITDA

Consolidated

Net income		21,451			10,900			38,463			23,138
Income tax expense		6,496			4,445			14,900			11,052

Profit before taxation		27,947			15,345			53,363			34,190
Share of result of equity-accounted investees, net of tax		113			—			277			—
Net finance expense		3,232			11,732			37,042			46,031

Operating income		31,292			27,077			90,682			80,221
Depreciation and amortisation		45,297			32,885			131,295			94,635
Share-based payments		5,289			3,942			16,695			11,192
Income or expense related to the evaluation and execution of potential mergers or acquisitions:
M&A transaction costs^(a)		784			689			1,425			2,937
Re-assessment of indirect taxes^(b)		—			1,190			—			1,190
Items related to sub-leases on unused data centre sites^(c)		—			—			—			(86	)

Adjusted EBITDA^(d)		82,662			65,783			240,097			190,089

France, Germany, the Netherlands, and the UK

Operating income		34,498			30,367			101,394			88,314
Depreciation and amortisation		29,224			21,173			85,641			62,075
Share-based payments		417			307			1,160			911
Items related to sub-leases on unused data centre sites^(c)		—			—			—			(86	)

Adjusted EBITDA^(d)		64,139			51,847			188,195			151,214

Rest of Europe

Operating income		21,099			17,993			62,734			56,231
Depreciation and amortisation		12,493			9,252			35,101			25,227
Share-based payments		231			255			823			784
Re-assessment of indirect taxes^(b)		—			1,190			—			1,190

Adjusted EBITDA^(d)		33,823			28,690			98,658			83,432

Corporate and Other

Operating loss		(24,305	)		(21,283	)		(73,446	)		(64,324	)
Depreciation and amortisation		3,580			2,460			10,553			7,333
Share-based payments		4,641			3,380			14,712			9,497
Income or expense related to the evaluation and execution of potential mergers or acquisitions:
M&A transaction costs^(a)		784			689			1,425			2,937

Adjusted EBITDA^(d)		(15,300	)		(14,754	)		(46,756	)		(44,557	)

(a)

“M&A transaction costs” are costs associated with the evaluation, diligence and conclusion or termination of merger or acquisition activity. These costs are included in “General and administrative costs”.

(b)

This re-assessment relates to years prior to 2018 and is therefore not representative of our current on-going business.

(c)

“Items related to sub-leases on unused data centre sites” represents the income on sub-lease of portions of unused data centre sites to third parties. This income is treated as “Other income”.

(d)

“Adjusted EBITDA” is a non-IFRS financial measure. See “Non-IFRS Financial Measures” for more information, including why we believe Adjusted EBITDA is useful, and the limitations on the use of Adjusted EBITDA.

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Press Release, 7 November 2019

INTERXION HOLDING NV

CONDENSED CONSOLIDATED BALANCE SHEET

(in €‘000 — except where stated otherwise)

(unaudited)


	As at
	Sep-30			Dec-31
	2019			2018
Non-current assets
Property, plant and equipment		1,969,757			1,721,064
Right-of-use assets		436,079			—
Intangible assets		70,258			64,331
Goodwill		38,900			38,900
Deferred tax assets		26,913			21,807
Investment in associate		3,413			—
Other investments		—			7,906
Other non-current assets		16,792			16,843

		2,562,112			1,870,851
Current assets
Trade receivables and other current assets		231,278			205,613
Cash and cash equivalents		205,830			186,090

		437,108			391,703

Total assets		2,999,220			2,262,554

Shareholders’ equity
Share capital		7,716			7,170
Share premium		855,116			553,425
Foreign currency translation reserve		4,626			3,541
Hedging reserve, net of tax		(264	)		(165	)
Accumulated profit		107,664			69,449

		974,858			633,420
Non-current liabilities
Borrowings		1,249,837			1,266,813
Lease liabilities		425,315			—
Deferred tax liabilities		18,162			16,875
Other non-current liabilities		16,652			34,054

		1,709,966			1,317,742
Current liabilities
Trade payables and other current liabilities		272,841			280,877
Lease liabilities		28,077			—
Income tax liabilities		8,596			7,185
Borrowings		4,882			23,330

		314,396			311,392

Total liabilities		2,024,362			1,629,134

Total liabilities and shareholders’ equity		2,999,220			2,262,554

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Press Release, 7 November 2019

INTERXION HOLDING NV

NOTES TO THE CONDENSED CONSOLIDATED BALANCE SHEET: BORROWINGS AND LEASE LIABILITIES NET OF CASH AND CASH EQUIVALENTS

(in €‘000 — except where stated otherwise)

(unaudited)


	As at
	Sep-30		Dec-31
	2019		2018
Borrowings and lease liabilities net of cash and cash equivalents


Cash and cash equivalents		205,830		186,090

4.75% Senior Notes due 2025^(a)		1,189,446		1,188,387
Finance lease liabilities (IAS 17)^(b)		—		50,374
Mortgages		65,273		51,382

Borrowings		1,254,719		1,290,143
Lease liabilities (IFRS 16)^(b)		453,392		—

Total borrowings and lease liabilities		1,708,111		1,290,143

Borrowings and lease liabilities net of cash and cash equivalents^(c)		1,502,281		1,104,053

(a)

The €1,200 million 4.75% Senior Notes due 2025 include a premium on additional issuances and are shown after deducting commissions, offering fees and expenses.

(b)

Under IFRS 16, finance lease liabilities are included in the aggregated amount of lease liabilities rather than presented separately.

(c)

Total borrowings and lease liabilities exclude deferred financing costs of €2.3 million as of 31 December 2018 which were incurred in connection with the €300 million Revolving Credit Facility, entered into on 18 June 2018, and deferred financing costs of €2.6 million as of 30 September 2019 relate to the Revolving Credit Facility and the increased capacity thereunder in March 2019.

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Press Release, 7 November 2019

INTERXION HOLDING NV

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in €‘000 — except where stated otherwise)

(unaudited)


	Three Months Ended						Nine Months Ended
	Sep-30 2019			Sep-30 2018			Sep-30 2019			Sep-30 2018
Net income		21,451			10,900			38,464			23,138
Depreciation and amortisation		45,297			32,885			131,295			94,635
Share-based payments		5,313			3,620			15,814			10,482
Net finance expense		3,232			11,732			37,042			46,031
Share of result of equity-accounted investees, net of tax		113			—			277			—
Income tax expense		6,496			4,445			14,900			11,052

	81,902			63,582			237,792			185,338
Movements in trade receivables and other assets		3,013			(193	)		(33,742	)		(20,246	)
Movements in trade payables and other liabilities		(9,427	)		(2,510	)		23,054			8,976

Cash generated from operations		75,488			60,879			227,104			174,068
Interest and fees paid^(a)		(4,658	)		(3,014	)		(38,955	)		(41,846	)
Interest received		—			2			—			2
Income tax paid		(5,426	)		(4,005	)		(15,615	)		(12,171	)

Net cash flows from operating activities		65,404			53,862			172,534			120,053
Cash flows used in investing activities
Purchase of property, plant and equipment		(144,522	)		(102,143	)		(405,191	)		(313,894	)
Financial investments - deposits		20			(13	)		12,611			267
Acquisition of associate		—			—			(3,745	)		—
Purchase of intangible assets		(6,056	)		(1,042	)		(12,947	)		(6,000	)
Loans provided		(1,586	)		(857	)		(4,400	)		(2,108	)

Net cash flows used in investing activities		(152,144	)		(104,055	)		(413,672	)		(321,735	)
Cash flows from financing activities
Proceeds from issue of share capital		282,867			—			282,867			—
Transaction costs from issue of share capital		(1,229	)		—			(1,229	)		—
Proceeds from exercised options		1,040			262			1,724			1,520
Proceeds from mortgages		15,860			5,970			15,860			5,969
Repayment of mortgages		(1,024	)		(548	)		(2,044	)		(6,044	)
Proceeds from revolving credit facilities		—			—			40,000			148,814
Repayment of revolving facilities		(40,000	)		—			(40,000	)		(250,724	)
Proceeds 4.75% Senior Notes		—			204,800			—			1,194,800
Principal elements of lease payments (2018: Financial lease obligation)		(24,689	)		—			(39,574	)		—
Repayment 6.00% Senior Secured Notes		—			—			—			(634,375	)
Interest received at issuance of additional notes		—			2,428			—			2,428
Transaction costs 4.75% Senior Notes		—			(5,504	)		(200	)		(6,696	)
Transaction costs revolving credit facility		—			(926	)		(745	)		(2,562	)

Net cash flows from financing activities		232,825			206,482			256,659			453,130
Effect of exchange rate changes on cash		4,184			8			4,219			(72	)

Net increase / (decrease) in cash and cash equivalents		150,269			156,297			19,740			251,376
Cash and cash equivalents, beginning of period		55,561			133,563			186,090			38,484

Cash and cash equivalents, end of period		205,830			289,860			205,830			289,860

(a)

Interest and fees paid is reported net of cash interest capitalized, which is reported as part of “Purchase of property, plant and equipment”.

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Press Release, 7 November 2019

INTERXION HOLDING NV

NOTES TO CONDENSED CONSOLIDATED INCOME STATEMENTS AND BALANCE SHEET: IFRS 16 IMPACT RECONCILIATION

(in €‘000)

(unaudited)


	Three Months Ended									Nine Months Ended
	30 Sep 2019 As Reported			Effect of change due to IFRS 16			30 Sep 2019 Excl. IFRS 16			30 Sep 2019 As Reported			Effect of change due to IFRS 16			30 Sep 2019 Excl. IFRS 16
Consolidated
Recurring revenue		152,347			—			152,347			447,600			—			447,600
Non-recurring revenue		7,046			—			7,046			21,800			—			21,800

Revenue		159,393			—			159,393			469,400			—			469,400
Gross profit		105,255			7,062			98,193			310,139			20,699			289,440
Gross profit margin		66.0	%		4.4	%		61.6	%		66.1	%		4.4	%		61.7	%
Operating income		31,292			1,319			29,973			90,682			4,118			86,564
Adjusted EBITDA		82,662			8,488			74,174			240,097			25,093			215,004
Adjusted EBITDA margin		51.9	%		5.4	%		46.5	%		51.1	%		5.3	%		45.8	%
Depreciation and amortisation		45,297			7,169			38,128			131,295			20,975			110,320
Net finance expense		3,232			3,081			151			37,042			9,231			27,811

France, Germany, the Netherlands, and the UK
Recurring revenue		102,193			—			102,193			299,729			—			299,729
Non-recurring revenue		5,145			—			5,145			14,544			—			14,544

Revenue		107,338			—			107,338			314,273			—			314,273
Operating income		34,498			976			33,522			101,394			3,247			98,147
Adjusted EBITDA		64,139			5,470			58,669			188,195			16,134			172,061
Adjusted EBITDA margin		59.8	%		5.1	%		54.7	%		59.9	%		5.2	%		54.7	%

Rest of Europe
Recurring revenue		50,154			—			50,154			147,871			—			147,871
Non-recurring revenue		1,901			—			1,901			7,256			—			7,256

Revenue		52,055			—			52,055			155,127			—			155,127
Operating income		21,099			325			20,774			62,734			833			61,901
Adjusted EBITDA		33,823			2,587			31,236			98,658			7,567			91,091
Adjusted EBITDA margin		65.0	%		5.0	%		60.0	%		63.6	%		4.9	%		58.7	%

Corporate and Other
Operating income		(24,305	)		18			(24,323	)		(73,446	)		37			(73,483	)
Adjusted EBITDA		(15,300	)		431			(15,731	)		(46,756	)		1,392			(48,148	)

	As at
	30 Sep 2019 As Reported			Effect of change due to IFRS 16			30 Sep 2019 Excl. IFRS 16
Consolidated
Non-current assets		2,562,112			406,265			2,155,847
Current assets		437,108			(17,101	)		454,209
Non-current liabilities		1,709,966			369,028			1,340,938
Current liabilities		314,396			24,111			290,285

France, Germany, the Netherlands, and the UK
Total assets		2,035,901			280,608			1,755,293
Total liabilities		599,321			283,614			315,707

Rest of Europe
Total assets		705,854			105,601			600,253
Total liabilities		202,247			106,567			95,680

Corporate and Other
Total assets		257,465			2,955			254,510
Total liabilities		1,222,794			2,958			1,219,836

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Press Release, 7 November 2019

INTERXION HOLDING NV

NOTES TO CONDENSED CONSOLIDATED INCOME STATEMENTS: ADJUSTED NET INCOME RECONCILIATION

(in €‘000 — except per share data and where stated otherwise)

(unaudited)


	Three Months Ended						Nine Months Ended
	Sep-30 2019			Sep-30 2018			Sep-30 2019			Sep-30 2018
Net income - as reported		21,451			10,900			38,463			23,138

Add back
+ Charges related to termination of financing arrangements^(a)		—			—			—			11,171
+ Re-assessment of indirect taxes^(b)		—			1,734			—			1,734
+ M&A transaction costs		784			689			1,425			2,937

		784			2,423			1,425			15,842
Reverse
- Interest capitalized		(2,393	)		(1,541	)		(6,375	)		(3,606	)

		(2,393	)		(1,541	)		(6,375	)		(3,606	)
Tax effect of above add backs & reversals		402			(168	)		1,238			(3,007	)

Adjusted net income		20,244			11,614			34,751			32,367

Reported basic EPS: (€)		0.28			0.15			0.52			0.32
Reported diluted EPS: (€)		0.28			0.15			0.52			0.32

Adjusted basic EPS: (€)		0.26			0.16			0.47			0.45
Adjusted diluted EPS: (€)		0.26			0.16			0.47			0.45

(a)

These charges relate to the repayment of the 6.00% Senior Secured Notes due 2020 and the termination of our revolving credit facility agreements in 2Q18.

(b)

This re-assessment relates to years prior to 2018 and is therefore not representative of our current on-going business.

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Press Release, 7 November 2019

INTERXION HOLDING NV

Status of Announced Expansion Projects as at 7 November 2019

with Target Open Dates after 30 September 2019

Market

Project

CAPEX^(a)(b)
(€ million)

Equipped
Space^(a)
(sqm)

Schedule

Amsterdam

AMS10: Phases 1 - 3 New Build

195

9,500

4Q 2019 - 3Q 2020^(c)

Frankfurt

FRA14: Phases 1 - 2 New Build

4,800

3Q 2019 - 4Q 2019^(d)

Frankfurt

FRA15: Phases 1 - 4 New Build

177

9,600

2Q 2020 - 3Q 2021^(e)

London

LON3: New Build

1,800

1Q 2019 - 1Q 2020^(f)

Madrid

MAD3: New Build

2,700

2Q 2019 - 4Q 2019^(g)

Marseille

MRS2: Phase 2 - 4

4,200

2Q 2018 - 4Q 2019^(h)

Marseille

MRS3: Phases 1 - 2 New Build

111

4,700

1Q 2020 - 3Q 2020⁽ⁱ⁾

Stockholm

STO6: Phase 1 - 2 New Build

1,500

2Q 2020 - 4Q 2020^(j)

Vienna

VIE2: Phase 7 - 9

4,700

4Q 2017 - 1Q 2020^(k)

Zurich

ZUR2: Phases 1 - 2 New Build

3,600

3Q 2020^(l)

Total

927

47,100

(a)	CAPEX and Equipped space are approximate and may change. SQM figures are rounded to nearest 100 sqm unless otherwise noted, and totals may not add due to rounding.

(b)	CAPEX reflects the total spend for the projects listed at full power and capacity and the amounts shown in the table above may be invested over time.

(c)	AMS10: Phase 1 (2,700 sqm) is scheduled to open in 4Q 2019; phase 2 (4,100 sqm) is scheduled to open in 1Q 2020, phase 3 (2,700 sqm) is scheduled to open in 3Q 2020.

(d)	FRA14: Phase 1 (2,600 sqm) opened in 3Q 2019; phase 2 (2,200 sqm) is scheduled to open in 4Q 2019.

(e)	FRA15: Phase 1 (2,300 sqm) is scheduled to open in 2Q 2020, Phase 2 (2,600 sqm) is scheduled to open in 4Q 2020, Phase 3 (2,400 sqm) is scheduled to open in 1Q 2021 and Phase 4 (2,400 sqm) scheduled to open in 3Q 2021.

(f)	LON3: Phase 1 (300 sqm) opened in 1Q 2019 and Phase 2 (600 sqm) opened in 2Q 2019. The first part of phase 3 (300 sqm) is scheduled to open in 4Q 2019 and the second part (600 sqm) is scheduled to open in 1Q 2020.

(g)	MAD3: 1,300 sqm opened in 2Q 2019, 700 sqm opened in 3Q 2019 and 700 sqm is scheduled to open in 4Q 2019.

(h)	MRS2: Phase 2 (700 sqm) opened in 2018; Phase 3 (1,100 sqm) opened in 2Q 2019 and the half of Phase 4 (1,200 sqm) opened in 3Q 2019 and the second half (1,300 sqm) is scheduled to open in 4Q 2019.

(i)	MRS3: Phase 1 (2,300 sqm) is scheduled to open in 1Q 2020 and Phase 2 (2,400 sqm) is scheduled to open in 3Q 2020.

(j)	STO6: Phase 1 (500 sqm) is scheduled to open in 2Q 2020 and Phase 2 (1,000 sqm) is scheduled to open in 4Q 2020.

(k)	VIE2: Phases 7-9; 2,300 sqm opened in 4Q 2017 through 3Q 2018; 2,000 sqm opened in 2Q 2019, 200 sqm opened in 3Q 2019 and the remaining 200 sqm is scheduled to open in 1Q 2020.

(l)	ZUR2: Phase 1 and Phase 2 are scheduled to open in 3Q 2020 (together 3,600 sqm).

3Q 2019 Earnings Information NYSE: INXN 7 November 2019 Exhibit 99.2

This document may include forward-looking statements. All statements other than statements of historical fact included in this document regarding our business, financial condition, results of operations and certain of our plans, objectives, assumptions, projections, expectations or beliefs with respect to these items and statements regarding other future events or prospects, are forward-looking statements. These statements include, without limitation, those concerning: our strategy and our ability to achieve it; expectations regarding sales, profitability and growth; plans for the construction of new data centres; our possible or assumed future results of operations; research and development, capital expenditure and investment plans; adequacy of capital; and financing plans. The words “aim", “may", “will", “expect", “anticipate", “believe", “future", “continue", “help", “estimate", “plan", “schedule", “intend", “should", “shall” or the negative or other variations thereof as well as other statements regarding matters that are not historical fact, are or may constitute forward-looking statements. In addition, this document may include forward-looking statements relating to our potential exposure to various types of market risks, such as foreign exchange rate risk, interest rate risks and other risks related to financial assets and liabilities. We have based these forward-looking statements on our management’s current view with respect to future events and financial performance. These views reflect the best judgment of our management but involve a number of risks and uncertainties which could cause actual results to differ materially from those predicted in our forward-looking statements and from past results, performance or achievements. Although we believe that the estimates reflected in the forward-looking statements are reasonable, such estimates may prove to be incorrect. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, among other things: operating expenses cannot be easily reduced in the short term; inability to utilise the capacity of newly planned data centres and data centre expansions; significant competition; cost and supply of electrical power; data centre industry over-capacity; performance under service level agreements; and delays in remediating the material weakness in internal control over financial reporting and/or making disclosure controls and procedure effective. All forward-looking statements included in this document are based on information available to us on the date of this document. The Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements contained throughout this document. This document contains references to certain non-IFRS financial measures, such as Adjusted EBITDA, Adjusted EBTIDA margin, Adjusted EBITDA excluding the impact of IFRS 16, Adjusted EBITDA margin excluding the impact of IFRS 16, Recurring revenue, Revenue on a constant currency basis, Adjusted net income, Adjusted diluted earnings per share and Cash generated from operations. For definitions of these measures and a reconciliation of these measures to the nearest IFRS measure, please refer to the appendix and the tables attached to our 3Q19 press release. Certain financial and other information presented in this document has not been audited or reviewed by our independent auditors. Certain numerical, financial data, other amounts and percentages in this document may not sum due to rounding. In addition, certain figures in this document have been rounded to the nearest whole number. Disclaimer

Strategic & Operational Highlights

3Q 2019 Third quarter results reflect favourable secular trends 3Q 2019 total revenue growth of 12% Y/Y, recurring revenue growth of 13% Y/Y Adjusted EBITDA of €82.7 million; Adjusted EBITDA margin sequential quarterly uplift of 130bps to 51.9% 5,000 sqm of equipped space net(1) added in the quarter, taking the total to 159,800 sqm Agreement to Combine with Digital Realty Entered into agreement on 29 October 2019 to combine with Digital Realty, creating one of the largest data centre operators globally Combination of two complementary businesses in terms of market positioning and geographical footprint The transaction is expected to deliver significant value for all our stakeholders Business Highlights Note: Net of a reduction of 500 sqm associated with the closure of a satellite data centre that came with the Science Park acquisition in 2017.

3Q Revenue €159.4 million Up 12% Y/Y and 1% Q/Q 3Q Recurring revenue €152.3 million Up 13% Y/Y and 2% Q/Q 96% of total revenue 3Q Adjusted EBITDA €82.7 million Up 26% Y/Y and 3% Q/Q Up 13% Y/Y and 4% Q/Q excluding IFRS 16 3Q Adjusted EBITDA margin 51.9% 20 bps increase Y/Y excluding IFRS 16 560 bps increase Y/Y 3Q 2019 Financial Performance Adjusted EBITDA & Margin (€ millions) 46.1% 51.9% Margin 46.3% 3Q 2019 Adjusted EBITDA Margin of 51.9% 51.0% 50.6% Note: As from 1Q19 the amounts and margins include the impact of IFRS 16. Revenue (€ millions) Non- recurring revenue Recurring revenue 142.2 146.9 151.5 158.5 159.4

Capital expenditure of €150.6 million including intangibles Equipped space of 159,800 sqm 5,000 sqm net added in the quarter Closed 500 sqm satellite data centre that came with Science Park acquisition in 2017 Revenue generating space of 122,700 sqm 1,100 sqm net installed in the quarter Utilisation rate of 77% impacted by timing of equipped space additions: FRA14 opened in mid-September Expansions in Marseille, Copenhagen and Zurich opened ahead of schedule Churn consistent with historical ranges 3Q 2019 Operational Highlights Equipped & Revenue Generating Space (000’s sqm) Available Equipped space Revenue generating space 80% 79% Utilisation rate 79% 140.3 144.8 79% . 148.3 154.8 159.8 77% Capacity Additions in Multiple Markets

Capacity Expansion Across Footprint Note: Totals may not sum due to rounding. As of 7 November 2019, Capex and Equipped Space are approximate and may change. Capex reflects the total spend for the listed project at full power and capacity, and the amounts shown in the table above may be invested over the duration of more than one fiscal year. Announced Capacity Additions with Opening Dates after 30 September 2019(1) Capacity additions completed in 3Q19 include: FRA14: 2,600 sqm new build MRS2: 1,200 sqm MAD3: 700 sqm CPH2: 600 sqm (project completed) VIE2: 200 sqm ZUR1: 100 sqm (project completed) Market Data centre Project Project CapEx (€ millions) Equipped Space (sqm) Schedule Project Opened(1) Amsterdam AMS10 Phases 1-3 New Build 195 9,500 0 4Q19 – 3Q20 Frankfurt FRA14 Phases 1-2 New Build 76 4,800 2,600 3Q19 – 4Q19 Frankfurt FRA15 Phases 1-4 New Build 177 9,600 0 2Q20 – 3Q21 London LON3 New Build 35 1,800 900 1Q19 – 1Q20 Madrid MAD3 New Build 44 2,700 2,000 2Q19 – 4Q19 Marseille MRS2 Phases 2-4 72 4,200 3,000 2Q18 – 4Q19 Marseille MRS3 Phases 1-2 New Build 111 4,700 0 1Q20 – 3Q20 Stockholm STO6 Phases 1-2 New Build 28 1,500 0 2Q20 – 4Q20 Vienna VIE2 Phases 7-9 96 4,700 4,500 4Q17 – 1Q20 Zurich ZUR2 Phase 1-2 New Build 93 3,600 0 3Q20

40% 30% 30% Communities of Interest Deliver Significant Customer Value Connectivity Platforms Enterprises

Financial Highlights

Recurring revenue, Non-recurring revenue, Adjusted EBITDA, Adjusted EBITDA margin and Adjusted diluted EPS are non-IFRS figures intended to adjust for certain items. Full definitions can be found in the “Definitions” section of this document. Reconciliations of Net income to Adjusted EBITDA can be found in the financial tables later in the appendix of this document. Adjusted to exclude impact of IFRS 16 € millions (except per share amounts) 3Q 2018 2Q 2019 3Q 2019 3Q 2019 (excl. IFRS 16) 3Q 2019 (excl. IFRS 16) vs. 3Q 2018 3Q 2019 (incl. IFRS 16) vs. 2Q 2019 Recurring revenue(1) 134.8 150.0 152.3 152.3 13% 2% Non-recurring revenue(1) 7.4 8.5 7.0 7.0 (5%) (17%) Revenue 142.2 158.5 159.4 159.4 12% 1% Gross profit 86.3 103.7 105.3 98.2 14% 1% Gross profit margin 60.7% 65.5% 66.0% 61.6% 90 bps 50 bps Adjusted EBITDA(1) 65.8 80.2 82.7 74.2 13% 3% Adjusted EBITDA margin(1) 46.3% 50.6% 51.9% 46.5% 20 bps 130 bps Adjusted diluted EPS(1) €0.16 €0.10 €0.26 €0.30 96% 155% Revenue growth of 12% Y/Y and 1% Q/Q Recurring revenue up 13% Y/Y and 2% Q/Q Recurring ARPU at €416 (2Q19: €416) Gross profit up 14% Y/Y(2) and 1% Q/Q Gross profit margin increased 90 bps Y/Y(2) Adjusted EBITDA up 13% Y/Y(2) and 3% Q/Q Adjusted EBITDA margin increased 20 bps Y/Y(2) 3Q 2019 Results

3Q 2019 Reporting Segment Analysis Revenue up 7% Y/Y, down 1% Q/Q Recurring revenue up 10% Y/Y, 2% Q/Q Adjusted EBITDA up 18% Y/Y, up 4% Q/Q Adjusted EBITDA margin(1) at 65.0% Strength in Austria, Spain and Switzerland Note: This analysis excludes “Corporate & Other” segment. Totals may not sum due to rounding. (1) For comparison of IFRS and non-IFRS measures for 3Q 2019, please see Appendix slide 27. Revenue up 15% Y/Y, 2% Q/Q Recurring revenue up 15% Y/Y, 2% Q/Q Adjusted EBITDA up 24% Y/Y, 2% Q/Q Adjusted EBITDA margin(1) at 59.8% Strength in Germany and France Revenue Adjusted EBITDA Adjusted EBITDA margin (€ millions) 55.4% 54.0% 60.3% 59.0% 60.9% 64.2% France, Germany, Netherlands & UK 59.6% 61.7% 59.8% 65.0% Rest of Europe 15% Recurring Revenue Growth in Big 4

Disciplined Investments(1) 79% 80% 79% Utilisation rate 79% Disciplined Capital Expenditure to Meet Customer Demand 77% of capex invested in Big 4 94% of capex invested in discretionary expansion projects Maintenance capex at 1% of total revenue Including intangible assets. Totals may not sum due to rounding. 77%

4.9% blended cost of debt(6) 3Q 2019 LTM Cash ROGIC 11% Reported leverage increased due to impact of IFRS 16 LTM Net Leverage (excl. IFRS 16 impact): 3.9x Strong Balance Sheet Total Borrowings = 4.75% Senior Notes due 2025 (“Senior Notes”), shown including the impact of premiums, commissions, offering fees and expenses + Mortgages + Revolving facilities borrowings. This excludes Finance leases which are included in Lease liabilities pursuant to IFRS 16. Lease Liabilities = liabilities recognised from 1 January 2019 under IFRS 16, including finance leases which previously (under IAS 17) were part of Total borrowings. Gross Leverage Ratio = (Senior Notes at face value + Mortgages + Revolving facilities borrowings + Lease liabilities) / LQA (last quarter annualised) Adjusted EBITDA. Net Leverage Ratio = (Senior Notes at face value + Mortgages + Revolving facilities borrowings + Lease liabilities – Cash & Cash Equivalents) / LQA (last quarter annualised) Adjusted EBITDA. Net Leverage Ratio (excluding impact of IFRS 16) = (Senior Notes at face value + Mortgages + Finance Leases + Revolving facilities borrowings – Cash & Cash Equivalents) / LTM Adjusted EBITDA. Excluding lease liabilities. € millions 30-Sep-19 31-Dec-18 Cash & Cash Equivalents 205.8 186.1 Total Borrowings(1) 1,254.7 1,239.8 Lease Liabilities(2) 453.4 50.4 Total Borrowings and Lease Liabilities 1,708.1 1,290.1 Shareholders Equity 974.9 633.4 Gross Leverage Ratio LQA(3) 5.2x 4.8x Net Leverage Ratio LQA(4) 4.6x 4.1x Net Leverage Ratio LTM (excluding IFRS 16 impact)(5) 3.9x 4.3x

36 fully built-out(1) data centres(2) As of 1 January 2018 Space fully equipped Some power upgrades yet to come 89,100 sqm of equipped space 81% utilisation rate 2% LTM constant currency recurring revenue growth 22% cash return Disciplined Investments Drive Strong Returns Q3 2019 LTM Returns (€ millions) Note: This slide excludes the impact of IFRS 16. Fully Built-Out Data Centre: a data centre for which materially all equippable space is equipped as at 1 January 2018. However, future power upgrades can further increase the capacity of a fully built out data centre. 36 Fully Built-Out Data Centres as at 1 January 2018: AMS1, AMS3, AMS4, AMS5, AMS6, AMS7, BRU1, CPH1, DUB1, DUB2, FRA1, FRA2, FRA3, FRA4, FRA5, FRA7, FRA8, FRA9, FRA10, FRA12, DUS1, LON1, LON2, MAD1, MAD2, PAR1, PAR2, PAR3, PAR4, PAR5, PAR6, STO1, STO2, STO3, STO4 and VIE1. Represents total cumulative investments in Data Centre Assets, including freehold land and buildings, infrastructure and equipment and Intangible assets including goodwill, as at 30 September 2019. 22% Cash Return from Fully Built-Out(1) Data Centres

Appendix

A leading carrier & cloud neutral data centre operator across Europe Interxion Overview Note: Figures as of 30 September 2019. 54 Data Centers in Operation 13 Cities 11 Countries 700+ Connectivity Providers 30+ Mobile Operators 20+ Internet Exchanges 2,000+ Customers 900+ Employees 500+ Platform Providers

Track Record Of Execution Note: This slide excludes the impact of IFRS 16 and includes Interxion Science Park as of 24 February 2017. CAGR calculated as 2018 vs 2010. Adjusted EBITDA margin calculated as Adjusted EBITDA divided by Revenue. CAGR(1) = 13% CAGR(1) = 16% 38% 40% 42% 43% 43% 44% 45% 45% 46% 46% 45% 47% 21% 17% 13% 11% 11% 13% 9% 16% 15% 14% 14% 12% 52 Consecutive Quarters of Revenue and Adjusted EBITDA Growth YOY Growth 26% 23% 18% 15% 11% 17% 11% 16% 17% 14% 13% 13% Adj. EBITDA Margin(2) YOY Growth

ARPU increases over time as IT workloads increase: Customers initially contract for space, connectivity and modest power reservation(1) As workloads increase, larger power reservation fees and cross-connects are required and energy consumption increases Revenue grows from space, cross-connects, power reservation and energy consumption over time As data centres fill with customers: Revenue mix initially tilted toward space As space becomes more fully utilised, revenue growth from power reservation and energy consumption can continue Revenue Develops Over Time Driven by Power Reservation and Energy Consumption Illustrative ARPU Development Power reservation is the fee for infrastructure power (cooling, power distribution, etc.). Customer ARPU Development Data centre Recurring Revenue Development Power Reservation & Energy Consumption Cross-Connects Space Installed

IFRS 16 – Lease Accounting Metric Significant Considerations Impact Revenue Certain components of revenue are recognised as lease revenue. Negligible impact on revenue metrics Adjusted EBITDA Properties and other assets leased under operating lease agreements are recognised as right of use assets and lease liabilities, reducing rent expense and increasing interest expense and depreciation charges. 540 bps increase to Adjusted EBITDA margin in 3Q 2019 Leverage Recognising right of use assets and lease liabilities for data centres leased under operating leases increases the level of reported third party debt resulting in an increase in reported gross and net leverage. Impact as at 30 September 2019: Gross leverage (LQA):+0.8x Net leverage (LQA):+0.9x IFRS 16 adopted 1 January 2019 Operating leases and financial leases are now treated the same IFRS 16 does not impact Interxion’s financial covenant reporting on debt or revolving credit facilities More comparable with our U.S. peer group

Historical Financial Results Note: Figures rounded to nearest net €0.1 million. Totals may not sum due to rounding. Includes €0.8 million, €0.6 million, €1.6 million, €1.6 million, €1.2 million, €1.0 million, €0.7 million, €0.3 million, €0.1 million, €0.6 million and €0.8 million of M&A transaction costs in 1Q17, 2Q17, 3Q17, 4Q17, 1Q18, 2Q18, 3Q18, 4Q18, 1Q19,2Q19 and 3Q19 respectively. Includes €11.2 million of one-time charge related to termination of financing arrangements. Includes Gross Goodwill € millions (except as noted) 2017 2018 2019 2017 2018 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q FY FY Recurring revenue 108.3 113.4 117.4 123.4 127.0 131.7 134.8 139.7 145.3 150.0 152.3 462.5 533.1 Non-recurring revenue 5.7 7.4 7.3 6.5 6.9 7.1 7.4 7.2 6.3 8.5 7.0 26.8 28.7 Total revenue 113.9 120.8 124.6 129.9 133.8 138.8 142.2 146.9 151.5 158.5 159.4 489.3 561.8 Gross profit 69.9 72.9 75.0 81.0 81.1 85.1 86.3 89.7 101.1 103.7 105.3 298.8 342.3 Gross profit margin 61.3% 60.3% 60.2% 62.4% 60.6% 61.3% 60.7% 61.1% 66.7% 65.5% 66.0% 61.1% 60.9% Adj EBITDA 51.3 54.3 56.2 59.1 60.9 63.4 65.8 67.7 77.3 80.2 82.7 221.0 257.8 Adj EBITDA margin 45.1% 45.0% 45.1% 45.5% 45.5% 45.7% 46.3% 46.1% 51.0% 50.6% 51.9% 45.2% 45.9% Net income / (loss) 10.3(1) 9.7(1) 9.4(1) 9.7(1) 11.7(1) 0.6(1)(2) 10.9(1) 8.0(1) 8.4(1) 8.6(1) 21.5(1) 39.1(1) 31.1(1) CapEx paid 54.8 56.4 75.2 69.7 96.2 120.5 103.2 131.3 144.1 123.5 150.6 256.0 451.2 Expansion / upgrade 49.0 46.0 69.7 60.2 90.1 109.6 99.7 120.7 137.5 117.4 142.1 224.8 420.0 Maintenance & other 4.0 7.4 4.0 7.0 4.2 7.9 2.5 5.2 3.2 2.6 2.4 22.4 19.7 Intangibles 1.8 3.0 1.4 2.5 2.0 3.0 1.0 5.4 3.4 3.5 6.1 8.8 11.4 Cash generated from operations 63.0(1) 40.6(1) 55.2(1) 50.3(1) 58.1(1) 55.1(1) 60.9(1) 76.9(1) 79.9(1) 71.8(1) 75.5(1) 209.0(1) 251.0(1) Gross PP&E 1.728.5 1,778.3 1,844.6 1,935.1 2,020.8 2,139.5 2,257.4 2,427.3 2,510.9 2,649.9 2,768.3 1,935.1 2,427.3 Gross intangible assets(3) 113.3 114.8 114.9 117.0 119.7 122.5 123.4 128.8 130.4 135.7 141.8 117.0 128.8 Gross Goodwill 40.2 39.4 38.9 38.9 38.9 38.9 38.9 38.9 38.9 38.9 38.9 38.9 38.9 LTM Cash ROGIC 12% 12% 12% 11% 11% 11% 11% 12% 11% 11% 11% 11% 12%

Historical Reporting Segment Financial Results Note: Figures rounded to nearest net €0.1 Million. Totals may not sum due to rounding. € millions (except as noted) 2017 2018 2019 2017 2018 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q FY FY Big 4 Recurring revenue 70.0 74.2 76.6 81.6 83.5 87.3 89.2 92.7 96.9 100.7 102.2 302.3 352.7 Non-recurring revenue 3.4 4.7 4.3 3.9 4.5 4.2 4.4 4.6 4.4 5.0 5.1 16.3 17.6 Total revenue 73.4 78.9 80.8 85.6 87.9 91.5 93.6 97.3 101.3 105.6 107.3 318.6 370.3 Gross profit margin 61.9% 62.0% 61.0% 64.4% 61.1% 63.2% 61.9% 61.2% 67.4% 66.3% 66.1% 62.4% 61.8% Adj EBITDA 40.2 43.1 43.4 48.1 48.0 51.4 51.8 52.6 61.1 62.9 64.1 174.8 203.8 Adj EBITDA margin 54.7% 54.7% 53.7% 56.2% 54.6% 56.2% 55.4% 54.0% 60.3% 59.6% 59.8% 54.9% 55.0% CapEx Paid 35.1 40.7 51.6 47.4 70.6 82.6 80.1 85.4 99.6 77.8 116.4 174.8 318.6 Rest of Europe Recurring revenue 38.3 39.2 40.8 41.8 43.5 44.4 45.6 46.9 48.4 49.3 50.2 160.2 180.4 Non-recurring revenue 2.3 2.7 3.0 2.5 2.4 2.9 3.0 2.7 1.8 3.5 1.9 10.5 11.1 Total revenue 40.6 42.0 43.8 44.3 45.9 47.3 48.6 49.6 50.2 52.8 52.1 170.7 191.4 Gross profit margin 66.8% 65.2% 65.8% 66.7% 67.6% 65.0% 66.4% 68.4% 71.8% 69.8% 72.2% 66.1% 66.8% Adj EBITDA 23.7 24.0 25.9 26.1 27.6 27.2 28.7 30.2 32.2 32.6 33.8 99.7 113.7 Adj EBITDA margin 58.3% 57.3% 59.1% 58.8% 60.0% 57.4% 59.0% 60.9% 64.2% 61.7% 65.0% 58.4% 59.4% CapEx Paid 16.2 13.7 21.1 18.7 22.7 29.8 20.7 40.6 41.6 37.9 29.9 69.8 113.8 Corporate & Other Adj EBITDA (12.5) (12.8) (13.1) (15.1) (14.7) (15.1) (14.8) (15.1) (16.1) (15.4) (15.3) (53.5) (59.7) CapEx Paid 3.4 2.1 2.3 3.5 3.0 8.2 2.4 5.3 2.9 7.8 4.3 11.4 18.8

Historical Operating Metrics(1) Interxion Science Park was acquired in February 2017. One data centre added to “Data centres in operation” at 1Q 2017. Starting from 1Q 2018, totals include 2,300 sqm of equipped space and 1,300 sqm of revenue generating space from Interxion Science Park. All figures at the end of the period, except as noted. Maximum equippable customer power includes the announced maximum equippable customer power from current and announced data centres as of the date of each quarter’s respective report. Utilisation as of the end of the reporting period. Space figures in square metres(2) Recurring ARPU in € Customer Power in MW(2) 2017 2018 2019 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q Equipped space 114,100 117,000 118,900 122,500 128,900 132,600 140,300 144,800 148,300 154,800 159,800 Equipped space added 3,300 2,900 1,900 3,600 4,000 3,700 7,700 4,500 3,500 6,500 5,000 Revenue generating space 89,800 95,000 97,100 99,800 104,100 106,200 111,200 115,000 119,000 121,600 122,700 RGS added 2,600 5,200 2,100 2,700 2,900 2,100 5,000 3,800 4,000 2,600 1,100 Recurring ARPU 405 403 401 411 412 418 413 412 414 416 416 Utilisation rate (%)(3) 79% 81% 82% 81% 81% 80% 79% 79% 80% 79% 77% Equipped customer power 136 142 146 160 166 169 185 199 199 208 217 Maximum equippable customer power(2) 195 203 223 225 241 276 278 314 326 326 333 Data centres in operation 45 45 48 49 50 50 51 51 52 53 54

Space Analysis by Country Note: Figures rounded to nearest net 100 sqm for each country unless otherwise noted. Totals may not sum due to rounding. As of 30 September 2019. Expansions announced after the end of the quarter are excluded. Maximum Equippable Space (incl DC’s under construction) = Equipped Space + Under Construction Space + Unequipped Space. Future expansion additions based on announced schedules only, which is subject to change; excludes expansions announced after the end of the period. Excludes land bank and undeveloped properties. Space figures in square metres Data centres in Operation / Under Construction Maximum Equippable Space in Country(1) (incl DC’s under construction) Equipped Space in Country Equipped Space Under Construction in Country(2) Unequipped Space Available for Development(3) Big 4 France 10 40,000 29,400 5,900 4,700 Germany 17 50,900 38,600 11,800 0 Netherlands 9 44,800 30,400 9,500 4,900 UK 3 8,700 7,800 900 0 Subtotal 39 144,400 106,200 28,100 9,600 Rest of Europe Austria 2 13,700 13,500 200 0 Belgium 2 6,200 6,200 0 0 Denmark 2 6,400 6,400 0 0 Ireland 3 5,800 5,800 0 0 Spain 3 8,300 7,700 700 0 Sweden 6 10,200 6,600 1,500 1,900 Switzerland 2 14,000 7,400 3,600 3,000 Subtotal 20 64,700 53,600 6,000 4,900 Total 59 209,200 159,800 34,100 14,500

Pan-European Data Centre Portfolio 18 Location Owned / Leased Build Out Status(1) Maximum Equippable Space (sqm)(2) Location Owned / Leased Build Out Status(1) Maximum Equippable Space (sqm)(2) Big 4 France Netherlands MRS1 Owned Expanding 6,400 AMS1 Leased Fully 600 MRS2 Leased Expanding 4,500 AMS3 Owned Fully 3,000 MRS3 Leased Under Construction 7,100 AMS4 Leased Fully NM (4) PAR1 Leased Fully 1,400 AMS5 Leased Fully 4,300 PAR2 Leased Fully 2,900 AMS6 Owned Fully 4,400 PAR3 Owned Fully 1,900 AMS7 Leased(3) Fully 7,600 PAR4 Leased Fully 1,300 AMS8 Leased Expanding 8,200 PAR5 Owned Fully 4,000 AMS9 Owned Expanding 2,300 PAR6 Leased Fully 1,300 AMS10 Owned Under Construction 14,400 PAR7 Owned Expanding 9,300 UK LON1 Leased Fully 5,400 LON2 Leased Fully 1,500 LON3 Leased Expanding 1,800 Germany DUS1 Leased Fully 3,300 FRA7 Leased Fully 1,500 DUS2 Leased Expanding 1,800 FRA8 Owned Fully 3,700 FRA1 Leased Fully 500 FRA9 Leased Fully 800 FRA2 Leased Fully 1,100 FRA10 Owned Fully 4,800 FRA3 Leased Fully 2,200 FRA11 Owned Expanding 4,800 FRA4 Leased Fully 1,400 FRA12 Leased Fully 1,100 FRA5 Leased Fully 1,700 FRA13 Owned Expanding 4,900 FRA6 Leased Expanding 2,600 FRA14 Owned Expanding 5,000 FRA15 Owned Under Construction 9,800 RoE Austria Spain VIE1 Owned Fully 4,700 MAD1 Leased Fully 4,000 VIE2 Owned Expanding 9,000 MAD2 Leased Fully 1,700 MAD3 Owned Expanding 2,700 Belgium Sweden BRU1 Owned Fully 5,100 STO1 Leased Fully 1,900 BRU2 Leased Expanding 1,100 STO2 Leased Fully 1,200 Denmark STO3 Leased Fully 900 CPH1 Leased Fully 3,700 STO4 Leased Fully 1,100 CPH2 Owned Expanding 2,700 STO5 Leased Expanding 1,700 STO6 Leased Under Construction 3,400 Ireland Switzerland DUB1 Leased Fully 1,100 ZUR1 Leased Expanding 7,600 DUB2 Leased Fully 2,300 ZUR2 Owned Under Construction 6,600 DUB3 Owned Expanding 2,300 Total 209,200 Totals: # Sqm % Owned(5) 21 112,800 54% Leased 38 96,400 46% Total 59 209,200 100% Note: Totals may not sum due to rounding. Built Out Status as of 1 January 2018, consistent with slide 14. As of 30 September 2019. Purchase options have been exercised, though not yet closed. Maximum equippable space for AMS4 is included in the maximum equippable space of AMS1. Includes purchase options that have been exercised, though not yet closed.

Non-IFRS Reconciliation Note: Figures rounded to nearest net €0.1 million. Totals may not sum due to rounding. Includes €31.0 million of one-off charges related to debt refinancing. Includes €11.2 million of one-off charges related to termination of financing arrangements. This re-assessment relates to years prior to 2018 and is therefore not representative of our current ongoing business. € millions (except as noted) 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 1Q 2Q 3Q 4Q 1Q 2Q 3Q Net income 14.7 25.5 31.6 6.9(1) 34.4 46.7 38.3 39.1 11.7 0.6(2) 10.9 8.0 8.4 8.6 21.5 Income tax expense 2.5 9.7 15.8 6.1 15.5 17.9 16.4 14.8 3.8 2.8 4.4 7.3 4.8 3.6 6.5 Profit before taxation 17.2 35.2 47.4 13.0 49.9 64.6 54.7 53.9 15.5 3.4 15.3 15.3 13.2 12.2 27.9 Share in result of equity-accounted investees, net of tax ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ 0.2 0.1 Net finance expense 29.5 22.9 17.8 57.5(1) 27.9 29.0 36.3 44.3 11.4 22.9(2) 11.7 15.8 16.7 17.1 3.2 Operating profit 46.7 58.1 65.2 70.5 77.8 93.6 91.0 98.3 26.9 26.3 27.1 31.0 29.8 29.6 31.3 Depreciation and amortisation 31.1 35.6 44.0 57.6 62.2 78.3 89.8 108.3 29.6 32.2 32.9 34.3 41.7 44.3 45.3 Share-based payments 1.7 2.6 5.4 4.2 7.2 9.0 7.9 9.9 3.3 3.9 3.9 1.5 5.7 5.7 5.3 Increase/(decrease) in provision for onerous lease contracts 0.2 0.0 0.8 ‒ (0.8) (0.2) ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ IPO transaction costs ‒ 1.7 ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ M&A transaction break fee income ‒ ‒ ‒ ‒ ‒ (20.9) ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ M&A transaction costs ‒ ‒ ‒ ‒ 0.3 11.9 2.4 4.6 1.2 1.0 0.7 0.3 0.1 0.6 0.8 Re-assessment of indirect taxes(3) ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ 1.2 0.6 ‒ ‒ ‒ Items related to sub-leases on unused data centre sites (0.4) (0.4) (0.4) (0.3) (0.4) (0.4) (0.1) (0.1) (0.1) ‒ ‒ ‒ ‒ ‒ ‒ Increase/(decrease) in provision for site restoration ‒ ‒ ‒ ‒ ‒ ‒ (0.2) ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ Adjusted EBITDA 79.2 97.6 115.0 131.9 146.4 171.2 190.8 220.9 60.9 63.4 65.8 67.7 77.3 80.2 82.7 IFRS 16 adjustments ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ (8.0) (8.7) (8.5) Adjusted EBITDA excl. the impact of IFRS 16 79.2 97.6 115.0 131.9 146.4 171.2 190.8 220.9 60.9 63.4 65.8 67.7 69.3 71.5 74.2

Reconciliation to Segment Adjusted EBITDA Note: Figures rounded to nearest net €0.1 million. Totals may not sum due to rounding. The re-assessment relates to years prior to 2018 and is therefore not representative of our current ongoing business. € millions 2017 2018 2019 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q BIG 4 Operating profit 24.0 24.8 24.2 28.2 27.6 30.3 30.4 29.5 33.3 33.6 34.5 Depreciation and amortisation 15.9 18.1 18.8 19.9 20.1 20.8 21.2 22.9 27.4 29.0 29.2 Share-based payments 0.3 0.2 0.4 0.1 0.3 0.3 0.3 0.2 0.4 0.3 0.4 Items related to sub-leases on unused data centre sites ‒ ‒ ‒ (0.1) (0.1) ‒ ‒ ‒ ‒ ‒ ‒ Adjusted EBITDA 40.2 43.1 43.4 48.1 48.0 51.4 51.8 52.6 61.1 62.9 64.1 IFRS 16 adjustments ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ (5.1) (5.5) (5.5) Adjusted EBITDA excl. the impact of IFRS 16 40.2 43.1 43.4 48.1 48.0 51.4 51.8 52.6 56.0 57.4 58.7 ROE Operating profit 16.7 16.4 18.3 18.5 19.6 18.6 18.0 20.8 21.0 20.6 21.1 Depreciation and amortisation 7.0 7.4 7.5 7.5 7.7 8.2 9.3 8.7 10.9 11.7 12.5 Share-based payments (0.0) 0.2 0.1 0.1 0.2 0.3 0.3 0.1 0.4 0.2 0.2 Re-assessment of indirect taxes(1) ‒ ‒ ‒ ‒ ‒ ‒ 1.2 0.6 ‒ ‒ ‒ Adjusted EBITDA 23.7 24.0 25.9 26.1 27.6 27.2 28.7 30.2 32.2 32.6 33.8 IFRS 16 adjustments ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ (2.4) (2.6) (2.6) Adjusted EBITDA excl. the impact of IFRS 16 23.7 24.0 25.9 26.1 27.6 27.2 28.7 30.2 29.8 30.0 31.2 CORPORATE & OTHER Operating profit/(loss) (16.9) (16.9) (18.1) (20.9) (20.4) (22.7) (21.3) (19.4) (24.5) (24.7) (24.3) Depreciation and amortisation 1.3 1.7 1.5 1.6 1.7 3.2 2.5 2.7 3.4 3.6 3.6 Share-based payments 2.3 1.8 1.9 2.5 2.8 3.4 3.4 1.3 4.9 5.1 4.6 M&A transaction costs 0.8 0.6 1.6 1.6 1.2 1.0 0.7 0.3 0.1 0.6 0.8 Adjusted EBITDA (12.5) (12.8) (13.1) (15.1) (14.7) (15.1) (14.8) (15.1) (16.1) (15.4) (15.3) IFRS 16 adjustments ‒ ‒ ‒ ‒ ‒ ‒ ‒ ‒ (0.5) (0.5) (0.4) Adjusted EBITDA excl. the impact of IFRS 16 (12.5) (12.8) (13.1) (15.1) (14.7) (15.1) (14.8) (15.1) (16.6) (15.9) (15.7)

Summary of IFRS 16 Impact € millions (except as noted) Income Statement Impact Three months ended Sep-30 2019 As reported Effect of change due to IFRS 16 Three months ended Sep-30 2019 Excl. IFRS 16 Consolidated Recurring revenue 152.3 - 152.3 Non-recurring revenue 7.0 - 7.0 Revenue 159.4 - 159.4 Gross profit 105.3 7.1 98.2 Gross profit margin 66.0% 4.4% 61.6% Operating income 31.3 1.3 30.0 Adjusted EBITDA 82.7 8.5 74.2 Adjusted EBITDA margin 51.9% 5.4% 46.5% Depreciation and amortisation 45.3 7.2 38.1 Net finance expense 5.4 3.1 2.3 BIG 4 Recurring revenue 102.2 - 102.2 Non-recurring revenue 5.1 - 5.1 Revenue 107.3 - 107.3 Operating income 34.5 1.0 33.5 Adjusted EBITDA 64.1 5.5 58.7 Adjusted EBITDA margin 59.8% 5.1% 54.7% ROE Recurring revenue 50.2 - 50.2 Non-recurring revenue 1.9 - 1.9 Revenue 52.1 - 52.1 Operating income 21.1 0.1 20.8 Adjusted EBITDA 33.8 2.6 31.2 Adjusted EBITDA margin 65.0% 5.0% 60.0% CORP Operating income (24.3) - (24.3) Adjusted EBITDA (15.3) 0.4 (15.7) € millions Balance Sheet Impact Sep-30 2019 As reported Effect of change due to IFRS 16 Sep-30 2019 Excl. IFRS 16 Consolidated Non-current assets 2,562.1 406.3 2,155.8 Current assets 437.1 (17.1) 454.2 Non-current liabilities 1,710.0 369.0 1,340.9 Current liabilities 314.4 24.1 290.3 BIG 4 Total assets 2,035.9 280.6 1,755.3 Total liabilities 599.3 283.6 315.7 ROE Total assets 705.9 105.6 600.3 Total liabilities 202.2 106.6 95.7 CORP Total assets 257.5 3.0 254.5 Total liabilities 1,222.8 3.0 1,219.8

Adjusted EBITDA: We define Adjusted EBITDA as Net income adjusted for income tax expense, net finance expense, depreciation and amortisation, share-based payments, income or expense related to the evaluation and execution of potential mergers or acquisitions and adjustments related to terminated and unused data centre sites. In certain circumstances, we may also adjust for other items that management believes are not representative of our current on-going performance. Examples include: adjustments for the cumulative effect of a change in accounting principle or estimate, impairment losses, litigation gains and losses or windfall gains and losses Adjusted EBITDA excluding the impact of IFRS 16: For comparative purposes with regard to Adjusted EBITDA presented in periods prior to 1 January 2019, the effective date of IFRS 16, we present Adjusted EBITDA excluding the impact of IFRS 16 - Leases Adjusted diluted earnings per share: Adjusted diluted earnings per share amounts are determined on Adjusted net income Adjusted net income: We define Adjusted net income as Net income adjusted to exclude income or expense related to the evaluation and execution of potential mergers or acquisitions, adjustments related to provisions that are not reflective of our ongoing operating performance, and adjustments related to capitalised interest. In certain circumstances, we may also adjust for other items that management believes are not representative of our current on-going performance. Examples include: adjustments for the cumulative effect of a change in accounting principle or estimate, impairment losses, litigation gains and losses or windfall gains and losses ARPU: Monthly recurring revenue per square meter calculated as {reported recurring revenue in the quarter divided by 3} divided by {sum of prior and current quarter end reported revenue generating space divided by 2} Big 4: France, Germany, the Netherlands and the UK CAGR: Compound Annual Growth Rate Capital expenditures including intangible assets: Represents payments to acquire property, plant and equipment and intangible assets, as recorded on our consolidated statement of cash flows as "Purchase of property, plant and equipment" and “Purchase of intangible assets”, respectively. Investments in intangible assets include power grid rights and software development Cash generated from operations: Net cash flows from operating activities, excluding interest and corporate income tax payments and receipts Cash ROGIC: Cash Return on Gross Invested Capital defined as {LTM Adjusted EBITDA excluding the impact of IFRS 16, less cash taxes, less maintenance and other capex} divided by {Average of opening and closing Gross Invested Capital}. Where Gross Invested Capital represents gross PP&E, plus gross Intangible assets, plus gross Goodwill, less assets under construction, less carrying value of undeveloped land Definitions Constant currency: Measurements of the given metric that eliminate the effects of foreign currency rate fluctuations. To calculate this information, current and comparative prior period results for entities reporting in currencies other than Euro are converted into Euro using the average exchange rates from the comparative period rather than the actual exchange rates in effect during the respective periods Corporate and Other: Unallocated items mainly comprising general and administrative expenses, assets and liabilities associated with our headquarters operations, provisions for onerous contracts (relating to the discounted amount of future losses expected to be incurred in respect of unused data centre sites over the term of the relevant leases) and revenue and expenses related to those onerous contracts, loans and borrowings and related expenses and income tax assets and liabilities Churn: Contracted Monthly Recurring Revenue which came to an end during the month as a percentage of the total contracted Monthly Recurring Revenue at the beginning of the month. Churn is calculated as a monthly average over the last 12 months Customer available power: The current installed electrical customer capacity Equipped space: The amount of data centre space that, on the date indicated, is equipped and either sold or could be sold, without making any significant additional investments to common infrastructure LTM or Last twelve months: Twelve-month period ended 30 September 2019, unless otherwise noted MW: Megawatts Recurring revenue: Revenue incurred from colocation and associated power charges, office space, amortised set-up fees, cross-connects and certain recurring managed services (but excluding any ad hoc managed services) provided by us directly or through third parties, excluding rents received for the sublease of unused sites Rest of Europe / ROE: Austria, Belgium, Denmark, Ireland, Spain, Sweden and Switzerland Revenue generating space: the amount of Equipped Space that is under contract and billed on the date indicated SQM: Square metres Utilisation rate: On the date indicated, Revenue Generating Space as a percentage of Equipped Space. Some Equipped Space is not fully utilised due to customers' specific requirements regarding the layout of their equipment. In practice, therefore, Utilisation rate does not reach 100%

Interxion Leadership David Ruberg, Chief Executive Officer John Doherty, Chief Financial Officer Giuliano Di Vitantonio, Chief Marketing & Strategy Officer Jan-Pieter Anten, SVP, Human Resources Jaap Camman, SVP, Legal Adriaan Oosthoek, SVP, IT & Operations Support Sell-Side Analyst Coverage Bank of America Merrill Lynch, Michael Funk Berenberg, Nate Crossett Citi, Mike Rollins Cowen, Colby Synesael Credit Suisse, Sami Badri Guggenheim, Rob Gutman Oppenheimer, Tim Horan Raymond James, Frank Louthan RBC Capital Markets, Jon Atkin Stifel, Erik Rasmussen Sun Trust Robinson Humphrey, Greg Miller Wells Fargo, Jennifer Fritzsche William Blair, Jim Breen Investor Relations Jim Huseby, VP, Investor Relations T: +1 813 644 9399 E: ir@interxion.com