CleanSpark appoints founder Matt Schultz CEO; Zach Bradford resigns with $2.53M cash, 14.4 BTC, equity

CLEANSPARK, INC.

Zachary Bradford resigned as CEO and director effective Aug 10, 2025; board reduced from 6 to 5 members.
Separation package: $950k salary, $1.583M prorated bonus, $91k PTO, 14.4 BTC over 12 months.
Immediate vesting of options for 500k shares and RSUs for 717,665 shares; additional 1,728,688 RSUs granted with 2-year vest.
Former CEO Matt Schultz appointed President and CEO while remaining Chairman; management team stays.
CleanSpark reaffirms strategic plans; will report FY 2025 full year results in November.

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