An anonymous director reports

SATO TECHNOLOGIES CORP. PROVIDES RESULTS FROM SHAREHOLDER MEETING

Sato Technologies Corp. has noted that all resolutions considered at its 2023 annual general and special meeting of shareholders on June 30, 2023, were approved by its shareholders. Particulars of the voting are set out at the end of this news release.

The resolutions approved by the shareholders present in person or represented by proxy at the meeting were:

• Romain Nouzareth, Frank Di Tomaso, Dominique Payette, Fred T. Pye and Mathieu Nouzareth were duly re-elected to Sato's board of directors.
• Raymond Chabot Grant Thornton LLP was reappointed as an independent, external auditor of Sato for the ensuing year, or until its successor is appointed, and the board was authorized to fix its remuneration.
• The company's stock option plan was reapproved.

The resolutions voted on at the meeting are described in more detail in Sato's management information circular, dated May 26, 2023, which was mailed to shareholders and is available on SEDAR.

About Sato Technologies Corp.

Sato, founded at bitcoin block 494673 in 2017, is a prominent innovator in the field of computing power commodities, specializing in bitcoin mining by efficiently operating a 20-megawatt data centre that generates nearly 0.6 exahash of mining power. The company prides itself on outstanding performance, financial stability and a top-tier team.

We seek Safe Harbor.