Aniss Amdiss Joins Hut 8 Mining as Chief Legal Officer

This appointment further strengthens Hut 8’s front-line executive team by adding experience in corporate governance, capital markets, and mergers and acquisitions.

TORONTO, June 21, 2022 / PRNewswire / – Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) (“Hut 8” or “the Company”), one of the pioneers of North America’s largest innovation-focused digital asset mining, which supports open and decentralized systems since 2018, has pleased to announce the appointment of Aniss Amdiss as the company’s legal director July 11, 2022. Based on TorontoAniss will lead the legal and government portfolios of Hut 8 and will serve as corporate secretary, reporting to Executive Director Jaime Leverton.

HUT 8 Mining Corp logo (CNW Group / Hut 8 Mining Corp)

“Aniss will be an excellent addition to Hut 8’s experienced and dynamic executive team,” said Jaime Leverton, CEO of Hut 8. “The extensive experience and insight of Aniss’s leadership will ensure that Hut 8 continues to operate with integrity and transparency. that we are constantly raising our governance and compliance processes, which will really set us apart in a nascent and rapidly evolving industry. “

Aniss brings extensive legal experience to Hut 8, including significant experience in securities law matters, procurement leadership and other corporate transactions, and advice on best practices in corporate governance. Prior to joining Hut 8, he served as Vice President, Legal, General Counsel and Corporate Secretary at Greenbrook TMS Inc., a healthcare service company listed on TSX and Nasdaq.

“The opportunity to move into a relatively new and incredibly exciting industry really attracted me to Hut 8, and I can’t wait to join such a high-performing leadership team,” Aniss said. “Building on my previous experience in a growing company operating in a highly regulated industry, I look forward to making a significant contribution as Hut 8 continues to successfully execute its strategy and grow as a leader in both digital asset mining and high performance computing. “.

About Hut 8

Cabin 8 is one of the of North America the largest innovation-focused digital asset miners, led by a team of start-up technologists, optimistic about bitcoin, blockchain, Web 3.0, and uniting the nascent and traditional high-performance computing worlds. With two digital asset mining sites located in Southern Alberta and a third site in North Bay, Ontarioall located in Canada, Hut 8 has one of the highest capacity rates in the industry and one of the highest self-extracted Bitcoin inventories of any cryptocurrency miner or listed company worldwide. With 36,000 square feet of geo-diverse data center space and cloud capacity connected to power grids powered by major renewable energy and emission-free resources, Hut 8 is revolutionizing conventional assets to create the first hybrid data center model which serves both for traditional high performance computing. (Web 2.0) and the emerging computer assets of digital assets, blockchain gaming, and Web 3.0. Hut 8 was the first Canadian digital asset miner to be included in the Nasdaq Global Select Composite Index and the first blockchain company to be added to the S & P / TSX Composite Index in 2021. Through innovation, imagination and passion, Hut 8 is to help define the digital asset revolution to create value and positive impacts for its shareholders and future generations.

Caution note on forward-looking information

This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, except for statements of historical facts, included in this press release addressing activities, events or developments that the Company expects or anticipates to occur or may occur in the future, including things like future business strategy, competitive strengths, objectives, expansion. and the growth of the Company’s business, operations, plans and other matters is information for the future. Prospective information is often identified with the words “may”, “could”, “could”, “should”, “intend”, “plan”, “anticipate”, “allow”, “believe”. “estimate”, “expect”, “predict”, “may”, “could”, “potential”, “predict”, “is designed for”, “likely” or similar expressions. In addition, all statements in this press release relating to expectations, projections or other characterizations of future events or circumstances contain forward-looking information and include, but are not limited to, statements relating to: the Company’s growing and diverse leadership team; the Company’s ability to retain and attract an ambitious and experienced roster of executive talent; the Company’s ability to continue to operate with integrity and transparency; the Company’s ability to consistently elevate its governance and compliance processes; and the Company’s ability to continue to successfully execute its strategy and grow as a leader in both digital asset mining and high-performance computing spaces.

Statements containing forward-looking information are not historical facts, but represent management’s expectations, estimates, and projections of future events based on certain material factors and assumptions at the time the statement was made. Although Hut 8 considers them reasonable as of the date of this press release, such statements are subject to risks, uncertainties, assumptions and other known and unknown factors that may result in actual results, activity level, performance or achievements. are materially different from those expressed or implied by such forward-looking information, including, but not limited to, security and cybersecurity threats and hackers, malicious actors or botnets gaining control of processing power on the Bitcoin or Ethereum network, development and acceptance of Bitcoin and Ethereum networks, changes to Bitcoin or Ethereum mining difficulty, loss or destruction of private keys, rate increases for blockchain transactions, erroneous transactions, reliance on a limited number of key employees, reliance on pool service providers third party mining, regulatory changes, classification and tax changes, ris of impulse prices, fraud and failures related to the exchange of cryptocurrencies, difficulty in obtaining banking and financing services, difficulty in obtaining insurance, permits and licenses, internet and electricity disruptions, geopolitical events, uncertainty in the development of cryptographic and algorithmic protocols , uncertainty about the acceptance or widespread use of cryptocurrency, lack of anticipation of technological innovations, the COVID19 pandemic, climate change, the risk of change, the risk of borrowing and the recovery of potential losses, the risk of litigation, the risk of integration changes in market demand, network and infrastructure changes, system disruptions, changes in lease agreements, and other risks. related to the business of cryptocurrencies and data centers. For a complete list of factors that may affect the Company, see the “Risk Factors” section of the Company’s Annual Information Form dated March 17, 2022and other Hut 8 ongoing disclosure documents that are available at

These factors are not intended to represent a complete list of factors that could affect Hut 8; however, these factors must be carefully considered. Such estimates and assumptions cannot be guaranteed to be correct. If one or more of these risks or uncertainties materialize, or if the assumptions underlying the forward-looking statements are incorrect, the actual results may differ materially from those described in this press release as intended, planned, anticipated, believed, sought, proposed, estimates, anticipated, expected, projected or directed and such forward-looking statements included in this press release should not be relied upon improperly. The impact of any assumptions, risks, uncertainties or other factors on a particular forward-looking statement cannot be determined with certainty because they are interdependent and Hut 8’s future decisions and actions will depend on the management’s assessment of all information at the relevant time. The forward-looking statements contained in this press release are made as of the date of this press release, and Hut 8 expressly waives any obligation to update or alter the statements containing forward-looking information, or the factors or assumptions underlying them, either as as a result of new information, future events or otherwise, unless required by law.



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