Slide 1: Q1 2026 Earnings Presentation
CANGO QT 2026 Earnings Presentation June 2026
Slide 2: Disclaimer
Disclaimer CANGO This presentation has been prepared by Cango Inc. (the “Company") solely for information purposes and has not been independently verified, By viewing or accessing the information contained in this material, the recipient hereby acknowledges and agrees that no representations, warran
Slide 3: Q1 Financials Highlights
QI Financials Highlights CANGO Proactive BTC treasury and debt Nnagement icantly reduced Bitcoin-backed loans and strengthened the balance sheet Total revenue reached US$102.0 million in Q1 2026, with BTC mining contributing US$98.4 million. The decline primarily resulted (>) from the Company's proa
Slide 4: Q1 Operational Highlights
QI Operational Highlights CANGO ing operations thi h a lean-production model that priori nce over raw scale Operational Strategy Highlights Improving Operational Flexibility - Balanced mix of self-mining and hashrate leasing, supporting operational efficiency + Revenue-sharing arrangements with host
Slide 5: Global Diversified Mining Infrastructure
Global Diversified Mining Infrastructure CANGO USA East Africa Oman Paraguay 36.4% of total d 14.9% of total deployed 10.0% of total deployed hashrate hashrate 38.7% of total deployed hashrate Data as of March 3], 2026 AQ ~422 0 iG 37.01EH/s Esp 827MV Operational Hashrate Total Operating Capacity pe
Slide 6: Targeting Cost Efficiency Over Scale Expansion
Targeting Cost Efficiency Over Scale Expansion CANGO Operating Hashrate and Capacity Mix Unit: EH/s 461 45 panes 1 444 43.4 409 40 37 35 345 «28 304 30.1 209 303 299 299 cee 2 1 1 0 Nov2024 Dec2026 Jan2025 Feb2025 Mar.2025 Apr2025 May2025 Jun2025 Jul2025 Aug2025 Sep2025 Oct 2025. Nov. 2025 Dec.2025
Slide 7: 22.0 21.5 21.0 20.5 20.0 19.5 19.0
22.0 21.5 21.0 20.5 20.0 19.5 19.0 6
Slide 8: Strategic Divestiture of BTC to Optimize the Balance Sheet
Strategic Divestiture of BTC to Optimize the Balance Sheet CANGO BTC Treasury Position and Recent Divestiture Unit: BTC 7,72 7,528.4 Strategic divestiture of BTC holdings to 5,810.0 optimize the B/S for Al transformation 3,879.2 2,474.8 Solid BTC reserves 93.8 provide a key buffer for 4025.7 financi
Slide 9: Financial Resilience
Financial Resilience CANGO $ in millions, unaudited Q1 2025 Total revenues 144.2 Bitcoin mining income 144.1 Cost of revenue (Including depreciation) 134.0 Loss from fair value changes of bitcoin collateral 26.7 Loss from operations (26.9) General and administrative 10.0 Net loss (32.2) Add: Adjust
Slide 10: Key Milestones Advance AI Transformation Roadmap
Key Milestones Advance Al Transformation Roadmap CANGO Optimizing Operations, the Balance Sheet, and Governance Structure Strategic Acquisition of First Mining Facility © (0) Secured US$10.5 Million Investment (0) Us$10 Million Convertible Bond from DL Holdings Cango acquired a 50 MW mining facility
Slide 11: EcoHash Target Customers
? EcoHash Target Infrastructure Strategic Overview Customers Advantage Value • Dedicated HPC and AI • AI developers seeking • Built on Cango’s global • Addresses the growing inference subsidiary of low-latency, near-source energy footprint across power gap created by Cango compute North America, the
Slide 12: Georgia Pilot: Building the Blueprint for Scalable AI Infra
CANGO Georgia Pilot: Building the Blueprint for Scalable Al Infra Powered Infrastructure with Al Modular Data Center Conversion Optionality SITE OVERVIEW KEY FIGURES 50 MW Competitive Air-cool Power Ready capacity PPA rate Cooling type Land Status 10 acres, selfowned freehold Utility Provider Georgi
Slide 13: From BTC Mining to AI Compute
From BTC Mining to Al Compute CANGO Building a Global Distributed Al Computing Infrastructure Network Supported by Green Power Long-term Global Energy & Al Compute Infrastructure Network Medium-term Energy + HPC Short-term © Build a globally distributed compute grid BTC Mining integrating Al compute
Slide 14: Thank You