CleanSpark Fiscal Year End 2022 Income Statement

Our Energy Expertise Drives Sophisticated Power Management NASDAQ: CLSK "By running at max operating power when electricity costs are lowest, and optimizing when electricity costs are higher, we have been able to achieve some of the best margins in the industry, all while maintaining one of the highest realized hashrates in North America." Gary Vecchiarelli, CFO 13% FY-23 Power Cost 6% 6% ■Wholesale Electricity $0.036 ■Transmission & Distribution $0.006 ■Profit Margin to City $0.003 ■Taxes $0.003 75% Total Cost of Power $0.048 All Rights Reserved. Copyright 2023 CleanSpark | 13

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