Company Enters New Phase of Disciplined Transformation Aimed at Driving Scalable Growth, Expanding its AI and High-Performance Footprint, and Maximizing Shareholder Value (Form[...]

Company Enters New Phase of Disciplined Transformation Aimed at Driving Scalable Growth, Expanding its AI and High-Performance Footprint, and Maximizing Shareholder Value

MIDLAND, PA - April 8, 2026 - Mawson Infrastructure Group Inc. ("Mawson" or the "Company") today announced the reconstitution of its Board of Directors (the "Board") following its previously announced cooperation agreement with the Endeavor Investor Group and its affiliates (collectively "Endeavor").

The reconstituted Board consists of seven new directors: Joshua Kilgore, Phil Stanley, Cody Smith, Lisa R. Hough, Daniel J. Morrison, K. Rodger Davis, and Kyle B. Danges.

In connection with the Board reconstitution, the Company also announced the following executive leadership appointments: Joshua Kilgore as Executive Chairman, Phil Stanley as Chief Executive Officer, and Cody Smith as Chief Operating Officer.

Additionally, Kaliste Saloom, Mawson's current Interim Chief Executive Officer, will remain with the Company as General Counsel to ensure continuity.

All new Board and executive leadership appointments are effective immediately.

Joshua Kilgore, Executive Chairman of Mawson, commented, "The Board and new management team are excited to lead Mawson forward at this pivotal moment. We believe the Company's infrastructure footprint and strategic positioning create a compelling opportunity to build a highly valuable digital infrastructure platform. We are fully committed to building the Company into a leading digital infrastructure company and unlocking substantial value for all shareholders."

Kilgore continued, "Our immediate priorities are clear: stabilizing Mawson's capital structure, conducting a comprehensive evaluation of operations, and identifying both existing and new assets that can drive long-term value creation. We will move with urgency and discipline to position Mawson as a preeminent infrastructure company serving the rapidly expanding AI and high-performance compute markets."

BOARD OF DIRECTORS BIOGRAPHIES

Joshua Kilgore

Mr. Kilgore is the Founder and Managing Member of Endeavor Blockchain, LLC, and majority owner of Big Digital Energy, LLC. Over the past five years, he has led significant investments across Bitcoin mining, AI, and HPC infrastructure. He has executed hundreds of millions of dollars in real estate and infrastructure transactions and has extensive experience in financial oversight, operations, and large-scale asset development.

Phil Stanley

Mr. Stanley has served as Chief Executive Officer and Managing Member of PM Squared LLC since 2019, where he oversees financial strategy, investment activities, and operations. He holds Series 7 and Series 66 securities licenses and a degree in Corporate Communications from Texas A&M University.

Cody Smith

Mr. Smith has served as Partner at Big Digital Energy, LLC since August 2025. He previously founded Arrowhead Technologies, a cybersecurity firm, and served as its CEO until its acquisition in July 2025, advising numerous companies on internal controls, compliance, and security.

Lisa R. Hough

Ms. Hough is the Founder of Eberly Energy Ventures LLC, through which she advises on large-scale power development for Bitcoin and AI/HPC infrastructure. She also serves as an Advisor to Trammell Venture Partners, as a Supervisory Board Member of Melanion Digital, on the Board of Directors of the Bitcoin Today Coalition, and as a Founding Board Member of Proof of Workforce.

Daniel J. Morrison

Mr. Morrison is a strategic advisor and investor with deep expertise in energy infrastructure, corporate development, and capital markets. He has sourced and structured large-scale energy deployment opportunities and previously served as Vice President of Corporate Development at Energy & Exploration Partners, as well as CEO of its successor company, Pardus Oil & Gas.

K. Rodger Davis

Mr. Davis currently serves as Managing Director at Ikaria Capital Group, a specialty finance company focused on the healthcare sector. He previously served as Director at White Oak Healthcare Finance, LLC and is Co-Founder and Head of Finance for Green Minting Technologies Corp, a developer of renewable energy generation and digital infrastructure.

Kyle B. Danges

Mr. Danges is the Founder and Principal of KBD Strategy & Execution, LLC, a management consultancy he established in July 2023. Previously, he served as Chief Strategy Officer and Head of Innovative Solutions Businesses at illumifin, and as a Strategy Director at KPMG. He holds a B.S. in Finance from the Smeal College of Business at The Pennsylvania State University.

ABOUT MAWSON

Mawson is a U.S.-based technology company that designs, builds, and operates next-generation digital infrastructure platforms. The company provides services spanning artificial intelligence (AI), high performance computing (HPC), digital assets (including Bitcoin mining), and other intensive compute applications. Mawson delivers both self-mining operations and colocation/hosting for enterprise customers, with a vertically integrated infrastructure model built for scalability and efficiency.

A core part of Mawson's strategy is powering its operations with carbon-free energy resources-including nuclear power-ensuring that its compute platforms support the rapid growth of the digital economy in an environmentally sustainable way. With 129 megawatts of capacity already online and more under development, Mawson is positioning itself as a competitive provider of carbon-aware digital infrastructure solutions.

For more information about Mawson, visit: https://mawsoninc.com.

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