Mr. Frank Holmes reports

AYDIN KILIC ACCEPTED INTO FORBES TECHNOLOGY COUNCIL

Aydin Kilic, president and chief executive officer of Hive Digital Technologies Ltd., has been accepted into Forbes Technology Council, which is an invitation-only community for world-class technology executives.

Mr. Kilic was selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance includes a record of impacting business growth metrics, as well as personal and professional achievements and honours.

As a member of the council, Mr. Kilic will connect and collaborate with other respected leaders in a private forum. He will also have the opportunity to share his expert insights in original articles and contribute to published expert panels alongside other experts on the Forbes website.

Mr. Kilic commented: "I am thrilled to join this community of experts and luminaries, where I may contribute expert insights in bitcoin and sustainably mining bitcoin with renewable energy. Additionally, I am very excited by our advancements at Hive in [artificial intelligence] infrastructure using our GPU fleet, and I am happy to share knowledge in AI computing through the Forbes platform. I believe AI is a very powerful tool that can empower individuals and businesses. Whether you are an artist or scientist, this AI revolution will greatly boost your ability to create."

Restricted stock unit grant

The company announced that the board of directors has approved a grant of an aggregate of 257,976 restricted share units to employees, officers and consultants of the company, which will vest one year from the date of issuance. Each vested RSU entitles the holder to receive one common share of the company. The grant of RSUs is subject to the approval of the TSX Venture Exchange.

About Hive Digital Technologies Ltd.

Hive went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a sustainable green or renewable energy focus. Hive's electricity is sourced from hydro and geothermal facilities in Sweden, Canada and Iceland.

Hive is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on major stock exchanges, it is building a bridge between the digital currency and blockchain sector and traditional capital markets. Hive owns green-energy-powered data centre facilities in Canada, Sweden and Iceland, where it endeavours to source green energy to mine digital assets such as bitcoin on the cloud. Since the beginning of 2021, Hive has held in secure storage the majority of its treasury of BTC derived from mining rewards. Its shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of bitcoin. Because Hive also owns hard assets such as data centres and advanced multiuse servers, it believes its shares offer investors an attractive way to gain exposure to the cryptocurrency space.