Mr. Romain Nouzareth reports

SATO TECHNOLOGIES CORP. ANNOUNCES NOVEMBER 2023 BITCOIN MINING OPERATIONAL UPDATE

Sato Technologies Corp. has released November, 2023, bitcoin production and efficiency, all powered by renewable energy.

November mining update (unaudited)

In November, Sato's operations were halted for a 28-hour period because of extraordinary work that had to be conducted by its electrical provider. As such, if Sato was to exclude that event, Sato's average operating hash rate for the month would have been 0.538 exahash/second which is even better than its month of October.

Also, the mining network hashrate increased by 6.75 per cent month-over-month.

Furthermore, Sato is providing historical financial data for analysts and investors to compare it with its peers. This will highlight the company's strong performance relative to the largest publicly traded mining companies.

About Sato Technologies Corp.

Sato, founded in 2017, is a publicly listed company positioned for continuing success in deploying infrastructures designed to provide efficient compute power tailored for the digital world for bitcoin mining, high-power computing (HPC), artificial intelligence (AI) and L2's. Listed on the TSX Venture Exchange and OTCQB since 2021, the company prides itself on outstanding performance, financial stability and a top-tier team. Around 65 per cent of securities (on a fully diluted basis) owned by officers, directors, insiders and shareholders above 7 per cent with long-term vision.

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