[The following notification was shared with customers of Switch, Inc. on May 20,
2022.]
Dear Valued Customer,
We
are excited to share that Switch has signed an agreement with DigitalBridge Investment Management and IFM Investors to take Switch private. We believe this transaction will provide enhanced funding opportunities for our company and accelerate
Switchs already industry-leading growth trajectory.
We are enthusiastic to partner with DigitalBridge and IFM for the next phase of Switchs
journey. DigitalBridge is one of the worlds premier digital infrastructure investment firms and has a strong investment track record across a variety of related asset classes, including data centers, fiber networks, cell towers, small cells,
and edge infrastructure. IFM is a global investment management firm and one of the largest infrastructure investors in the world, with a deep track record of investing to support growth of its businesses over the long term.
Importantly, Rob Roy will remain as the Chief Executive Officer of Switch, Thomas Morton will remain as President, I will remain as Chief Revenue Officer and
the great Switch team working with you will remain. We dont expect any changes to the way we operate or work with you, including your relationship contact. Our customers remain our top priority, and we are dedicated to ensuring all of our
clients continue to experience the same caliber of customer service to which you have grown accustomed, as this has been the foundation of our customer loyalty over the past 22 years.
We anticipate the closing will occur in the second half of 2022. We will update you on this exciting transaction as we work through this process. For
additional information please see our press release located here.
We sincerely thank you for your business with Switch.
Sincerely,
Jonathan H. King
Chief Revenue Officer
Cautionary Statement Regarding
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of federal securities laws. Forward-looking
statements in this communication include, but are not limited to, statements regarding the consummation of the transaction described above and future development. These forward-looking statements involve a number of risks and uncertainties that
could cause actual results to differ materially from those indicated in such forward-looking statements, including but not limited to the ability of the parties to consummate the proposed transaction, the possibility that various closing conditions
for the transaction may not be satisfied or waived, and the ability to realize the benefits expected from the transaction. The forward-looking statements in this communication are based on information available to Switch as of the date hereof, and
Switch disclaims any obligation to update any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or