Company: CIFRW
Filing Date: 2025-05-22
Form Type: 424B5
Source: 0001193125-25-124285
Chunk: 73

Company: Cipher Mining Inc.
Filing Date: 2025-05-22
Form: 424B5
Chunk 73
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 determines that withholding such notice is in the interests of the noteholders. For the avoidance of doubt, the trustee will not be required to deliver such notice at any time after such default is cured or waived. Limitation on Suits; Absolute Rights of Noteholders Except with respect to the rights referred to below, no noteholder may pursue any remedy with respect to the indenture or the notes, unless:

| • |     | such noteholder has previously delivered to the trustee notice that an event of default is continuing; |

| • |     | noteholders of at least 25% in aggregate principal amount of the notes then outstanding deliver a written request 
 to the trustee to pursue such remedy;                                                                             |

| • |     | such noteholder(s) offer and, if requested, provide to the trustee security and indemnity satisfactory to the            
 trustee against any loss, liability or expense to the trustee that may result from the trustee’s following such request; |

| • |     | the trustee does not comply with such request within 60 calendar days after its receipt of such request and such 
 offer of security or indemnity; and                                                                              |

| • |     | during such 60 calendar day period, noteholders of a majority in aggregate principal amount of the notes then 
 outstanding do not deliver to the trustee a direction that is inconsistent with such request.                 |

However, notwithstanding anything to the contrary, but without limiting the provisions described under the caption “—Modification and Amendment” relating to amendments and supplements without the consent of any noteholder, the right of each holder of a note to bring suit for the enforcement of any payment or delivery, as applicable, of the principal of, or the fundamental change repurchase price, optional repurchase price or redemption price for, or any interest on, or the consideration due upon conversion of, such note on or after the respective due dates therefor, or to bring suit for the enforcement of any such payment or delivery on or after such respective due dates, will not be impaired or affected without the consent of such holder. Noteholders of a majority in aggregate principal amount of the notes then outstanding may direct the time, method and place of conducting any proceeding for exercising any remedy available to the trustee or exercising any trust or power conferred on it. However, the trustee may refuse to follow any direction that conflicts with law, the indenture or the notes, or that, subject to the terms of the indenture, the trustee determines may be unduly prejudicial to the rights