Mawson Infrastructure Group Inc. Announces Monthly Operational Update for August 2024 Page 1

Digital colocation revenue up 166% year-over-year versus August 2023 and 25% month-over-month versus July 2024
Total monthly revenue up 27% M/M from July 2024
Expanded to Artificial Intelligence (AI) and High-Performance Computing (HPC) Colocation Company
AI Customer Colocation Agreement for 20MW for 6 Years Executed to Colocate NVIDIA GPUs, Expected to Generate Cumulative Revenue Potential of $285M¹
Signed AI Customer Colocation LOI for AI and HPC expansion up to 144 MW
Expanded into Ohio with a planned capacity of 24 MW, total capacity expected to increase to 153 MW upon completion

MIDLAND, Pa., Sept. 16, 2024 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC) and digital asset markets, today announced its unaudited business and operational update for August 2024.