Company: CIFRW
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001819989-25-000027
Chunk: 27

Company: Cipher Mining Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 27
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 Investors’ rights under the Board Observer Agreement will terminate upon the date that the Bitfury Investors no longer beneficially own at least 10% of the outstanding shares of common stock. As of the date of this Proxy Statement, the Bitfury Investors have not designated an Observer pursuant to the Board Observer Agreement. The Board Observer Agreement was negotiated and approved by an independent committee of the Board.

#### Director Independence
Our Board has undertaken a review of its composition, the composition of its committees and the independence of our directors and considered whether any director has a material relationship with us that could compromise his or her ability to

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exercise independent judgment in carrying out his or her responsibilities. Based upon information requested from and provided by each director concerning his or her background, employment and affiliations, including family relationships and all other facts and circumstances our Board deemed relevant in determining their independence, including the director’s beneficial ownership of our common stock, our Board of Directors has determined that none of James Newsome, Robert Dykes, Robert Flatley, Cary Grossman, Caitlin Long, Holly Morrow Evans and Wesley Williams, representing seven of our eight directors, has a relationship that would interfere with the exercise of independent judgment in carrying out the responsibilities of a director and that each of these directors qualifies as “independent” as that term is defined under the Nasdaq rules. Tyler Page is not an independent director due to his employment as Chief Executive Officer of the Company.

#### Board Committees
Our Board of Directors has three standing committees: an Audit Committee, a Compensation Committee and a Nominating and Corporate Governance Committee, each of which has the composition and the responsibilities described below. In addition, from time to time, special committees may be established under the direction of our Board when deemed advisable to address specific issues. Each of the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee operates under a written charter.

| Director           |     | Audit     
 Committee |     | Compensation 
 Committee    |     | Nominating and 
 Corporate      
 Governance     
 Committee      |
| Robert Flatley     |     | X         |     | Chair        |     |                |
| Cary Grossman      |     | Chair     |     |              |     |                |
| Caitlin Long       |     |           |     | X            |     | Chair          |
| Holly Morrow Evans |     |           |     | X            |     | X              |
| Wesley Williams    |     | X         |