Company: CIFRW
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001819989-25-000027
Chunk: 46

Company: Cipher Mining Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 46
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 the fiscal years ended on December 31, 2024 and December 31, 2023, in accordance with the SEC disclosure requirements for a smaller reporting company as set forth in Item 402(v)(8) of Regulation S-K.

|      | Year (a) |   | Summary Compensation Table Total for PEO(1)(b) |     |   | Compensation Actually Paid to PEO(2)(c) |     |   | Average Summary Compensation Table Total for Non-PEO Named Executive Officers(1)(d) |     |   | Average Compensation Actually Paid to Non-PEO Named Executive Officers(2)(e) |     |   | Value of Initial Fixed $100 Investment Based On Total Shareholder Return (f)(3) |     |   | Net Loss (in Thousands)(4)(g) |
|:-----|:---------|:--|-----------------------------------------------:|:----|:--|----------------------------------------:|:----|:--|------------------------------------------------------------------------------------:|:----|:--|-----------------------------------------------------------------------------:|:----|:--|--------------------------------------------------------------------------------:|:----|:--|------------------------------:|
| 2024 |          | $ |                                     17,347,733 |     | $ |                              28,950,963 |     | $ |                                                                           5,450,640 |     | $ |                                                                    8,929,968 |     | $ |                                                                          828.57 |     | $ |                       -44,635 |
| 2023 |          | $ |                                      5,656,500 |     | $ |                              13,868,064 |     | $ |                                                                           2,914,412 |     | $ |                                                                    8,798,410 |     | $ |                                                                          737.50 |     | $ |                       -25,777 |

(1) Compensation for our PEO, Rodney Tyler Page, reflects the amounts reported in the “Summary Compensation Table” for the respective years. Average compensation for non-PEOs includes the following NEOs for all of the respective years above: Edward Farrell, Patrick Kelly, and William Iwaschuk.

(2) Compensation “actually paid” for the PEO and average compensation “actually paid” for our non-PEOs in the respective years reflect the respective amounts set forth in columns (b) and (d), adjusted as follows in the table below, as determined in accordance with SEC rules. These dollar amounts do not reflect the actual amount of compensation