Company: CLSKW
Filing Date: 2025-01-22
Form Type: DEF 14A
Source: 0000950170-25-007763
Chunk: 62

Company: CLEANSPARK, INC.
Filing Date: 2025-01-22
Form: DEF 14A
Chunk 62
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     | 28.57%              |
| S. Matthew Schultz                                          |     |                                                                        |   500,000 |     | -1 |     | 28.57%              |
| Larry McNeill                                               |     |                                                                        |   500,000 |     | -1 |     | 28.57%              |
| All Executive Officers and Directors as a Group (3 persons) |     |                                                                        | 1,500,000 |     |    |     | 85.71%              |

(1) Messrs. Bradford, Schultz, and McNeill each own 500,000 shares of Series A Preferred Stock held in their own names. Messrs. Bradford, Schultz, and McNeill each own a 1/3 membership interest in Celtic, LLC, which directly owns an aggregate of 250,000 shares of Series A Preferred Stock. None of Messrs. Bradford, Schultz, or McNeill have unilateral control over the power to vote or dispose of the 250,000 shares of Series A Preferred Stock held by Celtic, LLC and as such the shares of Series A Preferred Stock held by each of them excludes the shares held by Celtic, LLC.

#### CleanSpark462025 Proxy Statement
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

We describe below the transactions and series of similar transactions, since October 1, 2023, to which we were a party or will be a party, in which:

the amounts involved exceeded or will exceed $120,000; and

any of our directors, executive officers, holders of more than 5% of our capital stock, or any member of their immediate family had or will have a direct or indirect material interest, other than equity and other compensation, termination, change in control, and other arrangements with directors and executive officers, which are described where required under the section above titled “Summary Compensation Table.”

Isaac Holyoak – Chief Communications Officer

Isaac Holyoak, who was our Chief Communications Officer from August 2022 through July 2024, is the brother-in-law of our CEO, Mr. Bradford. During the fiscal year ended September 30, 2024, he earned approximately $227,644 in total compensation (inclusive of the fair value of equity awards).

POLICIES AND PROCEDURES REGARDING RELATED PARTY TRANSACTIONS

Our Board has adopted a written related person transaction policy setting forth the policies and procedures for the review and approval or ratification