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Analyst Coverage

Credit Suisse
Colin McCallum
J.P. Morgan
Gokul Hariharan
Arthur Lai
RBC Capital Markets
Jonathan Atkin
China Renaissance
Jason Sun
Guggenheim Securities
Robert Gutman
Tsz Wang Tam
Raymond James
Frank G. Louthan IV
Colby Synesael
SunTrust Robinson Humphrey
Greg P. Miller

DISCLAIMER: GDS Holdings Limited is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding GDS Holdings Limited's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of GDS Holdings Limited or its management. GDS Holdings Limited does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.