Hut 8 amends Coinbase credit line, extends maturity; shareholders elect directors

Hut 8 Corp.

Second Amended and Restated Credit Agreement extends maturity to 364 days from June 17, 2024.
Interest rate set at greater of fed funds rate and 3.25% plus 6.0%; no parent guarantee.
Removed Coinbase's right to partial repayment notice if Bitcoin price drops below thresholds.
Collateral secured by Bitcoin at Coinbase Custody; additional Bitcoin moved but not as collateral.
Elected eight directors at 2024 Annual Meeting: Flinn, Genoot, Ho, O'Neal, Rickertsen, Shattuck, Tai, Wilkinson.

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