Big Digital Energy, Inc. · NASDAQ:BGDE

Big Digital Energy — Mawson Infrastructure Group — Investor Presentation (August 2021)

21 slides from Big Digital Energy's investor presentation, August 2021

  1. Slide 1: Global Digital Infrastructure Provider Investor Presentation

    Infrastructure Group Inc. Global Digital Infrastructure Provider Investor Presentation August 2021 Private & Confidential Level 5, 97 Pacific Highway, North Sydney NSW 2060 1

  2. Slide 2: Legal Disclaimer

    LEGAL DISCLAIMER Information contained herein is derived from various internal and external sources which are deemed reliable, but no representations or warranties are made by Company, or any of its affiliates, employees or representatives as to the accuracy or completeness of such information. The

  3. Slide 3: Mawson at a glance

    Mawson Focused on bitcoin mining and high performance computing (HPC), Mawson’s vertically integrated model is based on a long term strategy to at a glance assist in the global transition to a decarbonised society. US OTC Markets Listed Experience ESG Focused USD$778m • Board and management team wit

  4. Slide 4: Overview Business Strengths

    Overview Business Strengths 1 2 3 Existing Operations with Highly Experienced Global Portfolio of roadmap for Future Expansion Board & Management Team Infrastructure Assets • Rapidly established 400 PH since launch1 with commercial and technical infrastructure, • 2 operational sites in the US (2.5 y

  5. Slide 5: Overview Track record of Success

    Overview Operational Track record of Success Capital Raised Jun 20 Jan 21 Jun 21 August 12  Georgia site signed  US$21.7m series C*  Phase I of Georgia  US$37M PIPE and contracted  Purchase of 11,760 build completed  Purchase of 17,352  Online at Nebraska miners for additional  First hosting

  6. Slide 6: Mawson Expansion pathway

    Mawson Expansion pathway Today 2022 Δ 2023 Target Operational Business Self Mining & Hosting Self Mining & Hosting Self Mining & Hosting 2 USA Sites 3 USA Sites Facilities 2 USA Sites +1 Site 1 Australian Site 2 Australian Sites Total Petahash 400 PH 3,000 PH +2,600 PH ~5,000 PH Capacity BTC Mining

  7. Slide 7: Mawson's Infrastructure

    Mawson’s Infrastructure Strict return on  Target high quality, stable and supportive jurisdictions 1 capital approach for  Selection of sites with stranded energy especially in regional areas Operational assessing sites  Low blended cost of < 4.0c / kwh across all sites Georgia Site  Modular des

  8. Slide 8: Modular Sites

    Modular Sites Mawson’s Modular Data Centre High Capacity, upto 2.5MW / MDC Efficient - holds 588 ASIC / MDC Low cost to build and deploy Private & Confidential Level 5, 97 Pacific Highway, North Sydney NSW 2060 8

  9. Slide 9: Georgia Facility

    Georgia Facility Phase I – Built & delivered Power Cost 25 MW 3.5c per kw/h Phase II – Commenced Non-carbon emitting energy mix Self mining + hosting operation 75 MW 80% + Sandersville, GA Long term rights 2023 Target GP Margin Leased until 2038 400 MW 80% + Private & Confidential Level 5, 97 Pacifi

  10. Slide 10: Hosting Operations

    Hosting Operations Proposed Hosting Capacity Average Margin 100 MW 2c per kw/h Projected Annual Revenue Projected Gross Profit Mawson has been building its hosting capacity in US$52.5m* US$17.5m* Sandersville over the last 6 months. As a result of the migration of ASIC hardware, demand for Current H

  11. Slide 11: Mining Economics

    Mining Economics Mining Mawson Hashrate Block Reward 52,560 Blocks Revenue = Network Hashrate x (6.25 BTC + x per year x Bitcoin Price transaction fees) Operating ASIC Miner power Datacentre Other Operating Costs = consumption + power usage x Power Price + Costs Illustrative Economics Today 2022 202

  12. Slide 12: Highly experienced Board & management

    Development Highly experienced Pipeline Board & management Board Management & Key employees Greg Martin James Manning Hetal Majithia Liam Wilson Independent Founder & CEO Chief Financial Chief Operating Non-Executive Chair Director Officer Officer • Over 40 years experience in energy infrastructure

  13. Slide 13: Longer Term Corporate Development Targets

    Longer Term Corporate Development Targets 1-2 years 2-5 years 5-10 years Only accept 100% Carbon Neutral Net Zero 75% + Renewable / non carbon emitting new 100% by 2030 through offset and generation 0 carbon Through change to generation mix generation assets 300 MW 600 MW 1 GW Managed Infrastructure

  14. Slide 14: ESG Focus

    ESG Mawson is committed to building a sustainable business for our investors and the planet. Focus Mawson’s approach to energy infrastructure improves community Trees Planted in 2021 outcomes through lower energy costs and increased local employment. 25,000 "When more customers or larger customers h

  15. Slide 15: Appendix

    Appendix Private & Confidential Level 5, 97 Pacific Highway, North Sydney NSW 2060 15

  16. Slide 16: Bitcoin Adoption Institutionalisation

    Bitcoin Adoption Institutionalisation The industry has rapidly become institutionalised as major firms, S&P500 companies, governments, pension funds and stock exchanges, venture capital and private equity firms have adopted Bitcoin as part of their portfolios and integrated it into the way they do b

  17. Slide 17: Downside protection

    Downside Clearly defined network rules and protocols ensures a defined reward for each hash. A worked example below for Mawson based on 100PH online, protection shows how this dynamic works in real life. BTC price BTC price US$61,500 US$33,600 $14,000,000 $11,981,982 $5,307,873 $11,843,101 Mawson br

  18. Slide 18: Operational Example

    Operational Based on 2 EH online, Mawson can provide a worked example of the current mining economics. This is example works on the various Bitcoin Example price assumptions, with no changes to the global difficulty rate under each scenario. Projected revenue and gross profit under multiple BTC pric

  19. Slide 19: Compelling planned trajectory Achieving Global Significance

    Compelling planned trajectory Achieving Global Significance Total Petahash Capacity (PH) Mawson, if its goals are achieved, is poised to become a miner of scale among listed peers globally 5000 3000 400 Mawson Mawson Mawson (Today) (Q2 2022) (2023 target) Majority renewable / non-carbon P O O P P O

  20. Slide 20: Opportunity Value uplift

    Opportunity Mawson has lodged an application to list on the Nasdaq Capital Market. The chart below compares Mawson to its Nasdaq listed peers on a $ / PH Value uplift basis until 31 December 2021 based on publicly available data. Market Cap (US) Average $ / PH $4,000 M 4.9x 6.2x (installed at 31 Dec

  21. Slide 21: Contact Us

    Contact Us Mawson Investor Infrastructure Group Relations Level 5, 97 Pacific Highway Brett Mass North Sydney, NSW Australia Hayden IR info@mawsoninc.com mawson@haydenir.com Private & Confidential Level 5, 97 Pacific Highway, North Sydney NSW 2060 21

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