Mawson Infrastructure Group (MIGI) Appoints Ryan Costello to its Board

Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or the "Company"), a digital infrastructure provider, announced today the appointment of Mr. Ryan Costello as an independent Member of the Board of Directors and independent Member of the Audit, Compensation and Nomination and Governance Committees commencing October 2, 2023. The Audit Committee will also subsequently consist of the required number of independent directors under NASDAQ Rules.

Mr. Costello previously served as U.S. Congressman from Pennsylvania (PA-6) from 2015-2019. During his tenure in the United States Congress, he served on the Congressional Committee on Energy and Commerce, which oversees a broad range of industries and policy areas, as well as the Transportation and Veteran’s Affairs Committees. He served as a fellow at the George Washington University Graduate School of Political Management and has been a visiting lecturer at American University. He received a Wharton Online Certificate in Economics of Blockchain and Digital Assets.

Greg Martin, Chairman of the Board of Mawson Infrastructure Group, Inc., commented, “I am delighted to welcome Ryan to our Board, as he brings a wealth of knowledge across several markets including digital assets, technology, and energy. We look forward to the valuable knowledge and perspective he will bring as the newest member of the Mawson Board of Directors."

Rahul Mewawalla, CEO and President, commented, “We are looking forward to having Ryan join our board of directors. We recently set new operational performance records across our sites and facilities in Pennsylvania. As we further advance our operations in the market, I would like to thank all the communities and partners that we work together with for their tremendous ongoing support of Mawson."

Ryan Costello, commented, “I am excited to join the Mawson Board of Directors, and I look forward to contributing to the success and strength of the Company as it drives its long-term growth strategy."

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