Riot and Bitfarms settle; director appointed, special meeting set for Nov 2024

Riot Platforms, Inc.

Andrés Finkielsztain resigns from Bitfarms board; Amy Freedman appointed, effective Sept 23, 2024.
Riot withdraws its special meeting requisition; Bitfarms will hold shareholder meeting by Nov 20, 2024 to expand board to six and elect new independent director.
Riot granted right to replace Freedman if she leaves before Term ends, and purchase rights if its stake >=15%.
Standstill restricts Riot from acquiring >20% of Bitfarms shares until earlier of June 1, 2026 or 2026 annual meeting, with termination triggers.
Agreement requires Riot to beneficially own at least 7.5% of outstanding shares to remain enforceable.

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