DGAP-News

Northern Data reports on operations for April 2022

DGAP-News: Northern Data AG / Key word(s): Monthly Figures/Cryptocurrency / Blockchain Northern Data reports on operations for April 2022 04.05.2022 / 12:38 The issuer is solely responsible for the content of this announcement. PRESS RELEASE / IR RELEASE Northern Data reports on operations for April 2022

• 44,900 ASIC systems equating to 4.07 exahash per second (EH/s) in operation by the end of April 2022
• By the end of the year, as planned, a total of more than 100,000 ASIC systems are expected to be in operation, representing approximately 9.3 EH/s
• Year-to-date 2022, Northern Data has generated:
  • 19,452 Ethereum
  • 1,055 Bitcoin
• Northern Data holds cryptocurrencies, approx. 1,390 Bitcoin and approx. 39,800 Ethereum, with a current value of EUR 153 million (an increase of around 4% month-over-month) by the end of April
• Bitcoin generation in April 2022: 324 (an increase of around 13% month-over-month)
• Ethereum generation in April 2022: 4,583 (planned maintenance for inventory caused decrease of around 9% month-over-month)
• All monthly figures are unaudited and might include rounding and billing differences for cryptocurrency production (in particular, in relation to hosting customers)

Frankfurt/Main – 04 May 2022 – Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) today issued an update on business activities for April 2022. As of April 2022, the Bitcoin mining fleet operated by Northern Data has grown by approximately 1,400 machines of the latest generation ASIC systems, to reach a total of 44,900. This resulted in an increase in the Bitcoin hash rate (inclusive of hosting) of around 3% to approximately 4.07 EH/s as of the end of April compared to the previous month (approx. 3.95 EH/s). Of the 44,900 systems, 22,800 are hosted on behalf of customers, with the remainder assigned to mining for own account. By the end of the year, as planned, a total of more than 100,000 ASIC systems are expected to be in operation, representing approximately 9.3 EH/s. The bulk of these ASIC systems are already paid for.