TERAWULF INC.

TeraWulf Inc. is a digital asset technology company that develops, owns, and operates vertically integrated, sustainably powered data centers in the United States. Specializing in energy-efficient infrastructure, it powers Bitcoin mining, high-performance computing (HPC), and artificial intelligence (AI) applications using low-cost, predominantly zero-carbon sources like nuclear, hydro, and solar energy. Through subsidiaries WULF Mining and WULF Compute, TeraWulf manages proprietary Bitcoin mining operations and colocation services for AI/HPC tenants, ensuring operational control, efficiency, and grid stability. Founded in 2021 and headquartered in Easton, Maryland, the company is led by co-founders Paul B. Prager (Chairman and CEO) and Nazar Khan (CTO), backed by executives with decades of expertise in energy infrastructure, M&A, cybersecurity, and digital assets. TeraWulf differentiates itself by fusing deep energy knowledge with sustainability, vertically integrating operations to pioneer next-generation digital infrastructure at the nexus of clean energy and advanced computing, while contributing to community well-being through environmental, social, and governance principles.