Mawson Infrastructure provides operational highlights for August

Unaudited financial and operational highlights for August 2024: Digital Colocation Monthly Business Revenue up 166% Y/Y and up 25% M/M to $3.43M. Overall Monthly Revenue up 27% M/M from July 2024 to about $4.44M. Energy Management Monthly Business Revenue of $0.79 million and Self Mining Bitcoin Monthly Business Revenue of $0.22M. Expanded into AI and HPC (high-performance computing) colocation markets. Recently executed an AI / HPC colocation agreement for 20 MW to colocate AI customer NVIDIA GPUs, Expected to Generate Cumulative Revenue Potential of $285M. Signed separate non-binding LOI with the AI / HPC colocation customer to potentially expand to 144 MW. Secured lease amendment on 24 MW facility in Ohio for an extended total term of 9 years, including elective options, through April 2033 and commenced construction on the 24 MW facility in Ohio, and extended lease on 120 MW facility in Midland, Pennsylvania expanding presence across Pennsylvania and Ohio, and the PJM market which is North America’s largest competitive and deregulated wholesale power market. Mawson is inviting AI/HPC partners to discuss opportunities to collaborate on the deployment of NVIDIA GPUs and other high-performance and accelerated computing solutions.