Iris Energy Executes Transformational 600MW Connection Agreement With AEP Texas, Increasing Power Capacity to 765MW (~22 EH/s¹). US$19m Security Deposit and Connection Fee Paid, Procurement and Construction Activities Underway. - Seite 4

These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this investor update. Any forward-looking statement that Iris Energy makes in this investor update speaks only as of the date of such statement. Except as required by law, Iris Energy disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts

Media
Jon Snowball
Domestique
[phone]

Investors
Bom Shin
Iris Energy
[phone]
[e-mail]

____________________

¹ Equivalent hashrate potential for the power capacity assuming installation of Bitmain S19j Pro miners.
² Based on current global hashrate (implied by network difficulty) of ~174 EH/s.
³ Data center buildings targeted for completion by end of 2022; energization of data centers targeted for Q1 2023.