Business Barbados 2022

Above: Sue Ennis We also have a strong governance ethos. Our Board is 40% female, coupled with 50% female Executive Leadership. That is very striking for a Public Company in any sector in the world. And we’re not just on top of the trends — we are setting them. Our CEO, Jamie Leverton, has been in the high performance compute and distressed data infrastructure space for 20 years, and now she’s heading up a nascent technology enterprise. Nobody else in the sector has her background. Jamie saw the potential in 2020 and made the move. That is a major competitive differentiator for Hut 8. We have achieved visionary alignment in so many ways. The progressive steps we have taken with Barbados will undoubtedly draw a lot of attention back home in Canada and elsewhere around the world. And that will help us gain the additional momentum we need to keep developing our business. The fact is, Barbados is now at the forefront of our sector. So, we are very grateful for the support this country has given our company. www.hut8mining.com Sue Ennis Vice President Corporate Development One of the major reasons why we, and other companies with an innovative lens, find Barbados so attractive is because of the leadership the country has shown in embracing innovation. In particular, the island’s openness to the maturation of web 3.0 and the Metaverse. Barbados now has the world’s first e-Consular Services in the Metaverse, and that is a very exciting advancement for all involved. With ambitions to be a global leader in our industry, we at Hut 8 consider ourselves to be one of the world’s most innovative miners, not only in terms of the technology we employ, but also as leaders in the ESG space. Our mining centres mine efficiently and in an environmentally conscious manner through an abundance of gas, wind and green energy. We have industry leading power purchase agreements and operate in areas with freezing cold temperatures and high winds, which are optimal mining conditions. 21 BUSINESS BARBADOS 2022 H U T 8 M I N I N G