Mr. Frank Holmes reports
HIVE DIGITAL TECHNOLOGIES ANNOUNCES CONTINUED MOMENTUM WITH GREEN ENERGY STRATEGY AND INDEPENDENT PROXY ADVISORY SUPPORT FOR UPCOMING ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS
Hive Digital Technologies Ltd.'s innovative strategy of leveraging green energy and prioritizing high cash flow returns has garnered positive recognition and support. This approach, combined with the dedication of its exceptional team spanning nine time zones and five languages, has positioned Hive as a leader in efficient bitcoin mining. The company has doubled the bitcoin held on its balance sheet while simultaneously advancing its artificial intelligence strategy with cutting-edge Nvidia chips.
Support from proxy advisory firms
Additionally, the company is pleased to report that leading independent proxy advisory firms Institutional Shareholder Services Inc. and Glass Lewis & Co. have each recommended Hive shareholders vote for all the proposed resolutions at the coming annual general and special meeting of shareholders to be held on Dec. 11, 2024. Meeting materials can be found at the company's website, as well as under Hive's profile on SEDAR+.
Frank Holmes, executive chairman of Hive, commented: "We are honoured to receive endorsements from both ISS and Glass Lewis. Their recommendations highlight the alignment of Hive's strategy with the long-term interests of our shareholders. These acknowledgments further validate our commitment to sustainable growth and shareholder value."
Meeting details and voting information
The board of directors of Hive recommends that shareholders vote for all proposed items.
Hive encourages all shareholders to participate in the annual general and special meeting.
Date: Dec. 11, 2024
Time: 11 a.m. Pacific Time
Location: second floor, 1095 West Pender St., Vancouver, B.C., V6E 2M6
The proxy voting deadline is 11 a.m. Pacific Time on Monday, Dec. 9, 2024. Shareholders are encouraged to vote early and take advantage of on-line or telephone voting options due to the current Canadian postal strike.
How to vote:
- Instructions for voting can be found on the form of proxy or voting instruction form.
- Eligible beneficial shareholders may also be contacted by Laurel Hill Advisory Group for telephone voting assistance through Broadridge Financial Solutions Inc. or Mediant Communication Inc.
Shareholder assistance
For questions or assistance with voting, shareholders are encouraged to contact Hive's proxy solicitation agent and shareholder communications adviser Laurel Hill Advisory Group toll-free in North America: 1-877-452-7184 or international: 1-416-304-0211 or by e-mail: assistance@laurelhill.com.
About Hive Digital Technologies Ltd.
Hive is a pioneer in green blockchain infrastructure, dedicated to mining bitcoin using 100-per-cent-renewable energy and leveraging cutting-edge artificial intelligence solutions. Hive remains at the forefront of sustainable innovation, combining environmental responsibility with profitability, to deliver long-term value for shareholders.