# EDGAR Filing Document

**Accession Number:** 0000827876
**File Stem:** 0000950170-23-007067
**Filing Date:** 2023-3
**Character Count:** 24541
**Document Hash:** 9bf1bfeb046869a6f4585f2992fe791e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950170-23-007067.hdr.sgml**: 20230309

**ACCESSION NUMBER**: 0000950170-23-007067

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 19

**CONFORMED PERIOD OF REPORT**: 20230308

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230309

**DATE AS OF CHANGE**: 20230309

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CLEANSPARK, INC.
- **CENTRAL INDEX KEY:** 0000827876
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **IRS NUMBER:** 870449945
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39187
- **FILM NUMBER:** 23720202

**BUSINESS ADDRESS:**
- **STREET 1:** 2370 CORPORATE CIRCLE
- **STREET 2:** SUITE 160
- **CITY:** HENDERSON
- **STATE:** NV
- **ZIP:** 89074
- **BUSINESS PHONE:** (702) 941-8047

**MAIL ADDRESS:**
- **STREET 1:** 2370 CORPORATE CIRCLE
- **STREET 2:** SUITE 160
- **CITY:** HENDERSON
- **STATE:** NV
- **ZIP:** 89074

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STRATEAN INC.
- **DATE OF NAME CHANGE:** 20141201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMARTDATA CORP
- **DATE OF NAME CHANGE:** 19880120

?xml version="1.0" encoding="ASCII"? 8-K

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549**

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**FORM** 8-K

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**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported):** March 08, 2023<br>

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CleanSpark, Inc.

**(Exact name of Registrant as Specified in Its Charter)**

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| | | |
|:---|:---|:---|
| Nevada | 001-39187 | 87-0449945 |
| **(State or Other Jurisdiction<br>of Incorporation)** | **(Commission File Number)** | **(IRS Employer<br>Identification No.)** |
| 2370 Corporate Circle, Suite 160 |  |  |
| Henderson**,** Nevada |  | 89074 |
| **(Address of Principal Executive Offices)** |  | **(Zip Code)** |

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**Registrant's Telephone Number, Including Area Code:** (702) 989-7692<br>

**(Former Name or Former Address, if Changed Since Last Report)**

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

**Securities registered pursuant to Section 12(b) of the Act:**

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| | | |
|:---|:---|:---|
| **<br>Title of each class** | **Trading<br>Symbol(s)** | **<br>Name of each exchange on which registered** |
| Common Stock, par value $0.001 per share | CLSK | The Nasdaq Stock Market LLC |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

**(e) Amendment of 2017 Equity Incentive Plan**

As reported in Item 5.07 below, at the Annual Meeting, the Company's stockholders approved an amendment (the "Plan Amendment") to the Company's 2017 Incentive Plan, as amended to date (the "Plan"), to (i) increase the number of shares authorized for issuance thereunder from 3,500,000 shares of Common Stock to 11,512,000 shares and (ii) add an evergreen provision to, on April 1st and October 1st of each year, automatically increase the maximum number of shares of Common Stock available under the Plan to fifteen percent (15%) of the Company's outstanding shares of Common Stock, in each case as of the last day of the immediately preceding month. The Company's Board of Directors previously approved the Amendment, subject to such stockholder approval.

The above description of the Plan Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Plan Amendment, which is filed as Exhibit 10.1 hereto and incorporated herein by reference.

**Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.**

On March 8, 2023, the Company filed Articles of Amendment (the "Charter Amendment") to its Articles of Incorporation, as amended and restated to date (the "Current Articles"), with the Secretary of State for the State of Nevada. The Charter Amendment increased the number of shares of Common Stock authorized for issuance under the Current Articles from 100,000,000 shares to 300,000,000 shares. As reported in Item 5.07 below, the Charter Amendment was approved by the Company's stockholders at the Annual Meeting and became effective upon filing.

The foregoing description of the Charter Amendment does not purport to be complete and is qualified in its entirety by reference to the Charter Amendment, which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated by reference herein.

**Item 5.07 Submission of Matters to a Vote of Security Holders.**

On March 8, 2023, the Company held the Annual Meeting of stockholders (the "Annual Meeting"). At the close of business on January 13, 2023, the record date for the Annual Meeting (the "Record Date"), 74,594,156 shares of the Company's common stock, par value $0.001 per share ("Common Stock"), were issued and outstanding, and 1,750,000 shares of the Company's Series A Preferred Stock, par value $0.001 per share ("Preferred Stock"), were issued and outstanding. The holders of Preferred Stock vote together with holders of Common Stock as a single class on each proposal voted on, except to the extent that voting as a separate class or series is required by law. As such, as of the Record Date, the holders of Common Stock were entitled to a total of 74,594,156 votes, and the holders of Preferred Stock were entitled to a total of 78,750,000 votes, representing in the aggregate 153,344,156 votes. At the Annual Meeting, stockholders entitled to a total of 116,960,676 votes, or approximately 76.27% of the 153,344,156 votes were present or represented by proxy. The final voting results on the proposals presented for stockholder approval at the Annual Meeting were as follows:

<u>Proposal No. 1:</u> <u>To elect six directors to hold office until the next annual meeting of stockholders of the Company or until their successors are duly elected and qualified, subject to prior death, resignation, or removal.</u>

The votes were cast for this matter as follows:

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Nominees** | &nbsp;&nbsp;**Votes For** | &nbsp;&nbsp;**Votes Withheld** | &nbsp;&nbsp;**Broker Non-Votes** |
| &nbsp;&nbsp;Zachary Bradford | &nbsp;&nbsp;95647252 | &nbsp;&nbsp;3596971 | &nbsp;&nbsp;17716633 |
| &nbsp;&nbsp;Matthew Schultz | &nbsp;&nbsp;97234247 | &nbsp;&nbsp;2009796 | &nbsp;&nbsp;17716633 |
| &nbsp;&nbsp;Larry McNeill | &nbsp;&nbsp;86178394 | &nbsp;&nbsp;13065649 | &nbsp;&nbsp;17716633 |
| &nbsp;&nbsp;Dr. Thomas Wood | &nbsp;&nbsp;94351201 | &nbsp;&nbsp;4892842 | &nbsp;&nbsp;17716633 |
| &nbsp;&nbsp;Roger Beynon | &nbsp;&nbsp;98290121 | &nbsp;&nbsp;953922 | &nbsp;&nbsp;17716633 |
| &nbsp;&nbsp;Amanda Cavaleri | &nbsp;&nbsp;97753829 | &nbsp;&nbsp;1490214 | &nbsp;&nbsp;17716633 |

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Each of the individuals listed above was elected as a director of the Company to serve until the next annual meeting or until his or her successor is elected and qualified.

<u>Proposal No. 2:</u> <u>To authorize and approve the Charter Amendment, which is an amendment to increase the number of shares of Common Stock authorized for issuance under the Current Articles from 100,000,000 shares to 300,000,000 shares.</u>

The votes were cast for this matter as follows:

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Votes For** | &nbsp;&nbsp;**Votes Against** | &nbsp;&nbsp;**Abstentions** |
| &nbsp;&nbsp;106,013,191 | &nbsp;&nbsp;10,781,473 | &nbsp;&nbsp;166,012 |

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The stockholders voted to approve the Charter Amendment.

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<u>Proposal No. 3:</u> <u>To approve the Plan Amendment to (i) increase the number of shares authorized for issuance under the Plan from 3,500,000 shares of Common Stock to 11,512,000 shares and (ii) add an evergreen provision to, on April 1st and October 1st of each year, automatically increase the maximum number of shares of Common Stock available under the Plan to fifteen percent (15%) of the Company's outstanding shares of Common Stock, in each case as of the last day of the immediately preceding month.</u>

The votes were cast for this matter as follows:

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Votes For** | &nbsp;&nbsp;**Votes Against** | &nbsp;&nbsp;**Abstentions** | &nbsp;&nbsp;**Broker Non-votes** |
| &nbsp;&nbsp;81,868,825 | &nbsp;&nbsp;17,289,722 | &nbsp;&nbsp;85,496 | &nbsp;&nbsp;17,716,633 |

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The stockholders voted to approve the Plan Amendment.

<u>Proposal No. 4:</u> <u>A non-binding advisory vote on compensation programs, which is sometimes referred to as "say on pay," for our named executive officers, Mr. Zachary K. Bradford, Mr. S. Matthew Schultz, and Mr. Gary A. Vecchiarelli.</u>

The votes were cast for this matter as follows:

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Votes For** | &nbsp;&nbsp;**Votes Against** | &nbsp;&nbsp;**Abstentions** | &nbsp;&nbsp;**Broker Non-votes** |
| &nbsp;&nbsp;83,190,445 | &nbsp;&nbsp;15,658,878 | &nbsp;&nbsp;394,720 | &nbsp;&nbsp;17,716,633 |

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The stockholders voted to approve, on a non-binding advisory vote, the compensation of the Company's named executive officers.

<u>Proposal No. 5:</u> <u>To ratify the appointment of MaloneBailey, LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2023.</u>

The votes were cast for this matter as follows:

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Votes For** | &nbsp;&nbsp;**Votes Against** | &nbsp;&nbsp;**Abstentions** |
| &nbsp;&nbsp;114,402,143 | &nbsp;&nbsp;1,410,974 | &nbsp;&nbsp;1,147,559 |

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The stockholders voted to ratify the selection of MaloneBailey, LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2023.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits.

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| | |
|:---|:---|
| &nbsp;&nbsp;**Exhibit<br>Number** | &nbsp;&nbsp;**Description** |

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| | |
|:---|:---|
| &nbsp;&nbsp;3.1 | &nbsp;&nbsp;[<u>Amendment to Certificate of Incorporation.</u>](clsk-ex3_1.htm) |
| &nbsp;&nbsp;10.1 | &nbsp;&nbsp;[<u>Amendment to 2017 Incentive Plan.</u>](clsk-ex10_1.htm) |
| &nbsp;&nbsp;104 | &nbsp;&nbsp;Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | | |
|:---|:---|:---|:---|
| Date: | March 9, 2023 | By:  | /s/ Rachel Silverstein |
|  |  |  | Name: Rachel Silverstein<br>Title: Senior Vice President of Compliance and General Counsel |

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## Ex-3

![img145267769_0.jpg](img145267769_0.jpg)

[COMPANY LOGO] **STATE OF NEVADA FRANCISCO V. AGUILAR** Commercial Recordings Division 202 N. Carson Street Secretary of State Telephone (775) 684-5708 202 N. Carson Street Carson City, NV 89701 Chief Deputy **OFFICE OF THE SECRETARY OF STATE Certified Copy** 2250 Las Vegas Blvd North, Suite 400 North Las Vegas, NV 89030 Telephone (702) 486-2880 Fax (702) 486-2888 **Work Order Number: Reference Number: Through Date: Corporate Name:** W2023030801587 20233013115 3/8/2023 2:07:09 PM CLEANSPARK, INC. 3/8/2023 2:07:09 PM Fax (775) 684-7138 **GABRIEL DI CHIARA** The undersigned filing officer hereby certifies that the attached copies are true and exact copies of all requested statements and related subsequent documentation filed with the Secretary of State's Office, Commercial Recordings Division listed on the attached report. Document Number 20233013086 Description Amendment After Issuance of Stock Number of Pages 3 FRANCISCO V. AGUILAR Respectfully, Nevada Secretary of State Certified By: Colleen Metzger Certificate Number: B202303083456081 You may verify this certificate online at **<u>http://www.nvsos.gov [SIGNATURE]</u>**

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![img145267769_1.jpg](img145267769_1.jpg)

Filed in the Office of [SIGNATURE] Business Number C7970-1987 Filing Number 0233013086 Filed On 3/8/2023 1:31:00 PM Number of Pages 3 Secretary of State State Of Nevada FRANCISCO V. AGULLAR Secretary of state 202 North Carson street Carson city, Nevada 89701-4201 (775) 684-5708 Website: www.nvsos.gov [COMPANY LOGO] Profit Corporation: Certificate of Amendment (PURSUANT TO NRS 78.380 & 78.385/78.390) Certificate to Accompany Restated Articles or Amended and Restated Articles (PURSUANT TO NRS 78.403) Officer's Statement (PURSUANT TO NRS 80.030) TYPE OR PRINT - USE DARK INK ONLY -DO NOT HIGHLIGHT 1. Entity information: Name of entity as on file with the Nevada Secretary of state:CLEANSPARK, INC. Entity or Nevada Business IdentificationNumber (NVID): C7970-1987 2. Restated or Amended and Restated Articles: (Select one) (If amending and restating only, complete section 1,2,3,5 and 6)Certificate to Accompany Restated Articles or Amended and Restated Articles Restated Articles - No amendments; articles are restated only and are signed by an officer of the corporation who has been authorized to execute the certificate by resolution of the board of directors adopted on: The certificate correctly sets forth the text of the articles or certificate as amended to the date of the certificate.Amended and Restated Articles \* Restated or Amended and Restated Articles must be included with this filling type. 3.Type of Amendment Filing Being Completed:(Select only one box) (If amending, complete section 1, 3, 5 and 6.) Certificate of Amendment to Articles of Incorporation (Pursuant to NRS 78.380 - Before Issuance of Stock) The undersigned declare that they constitute at least two-thirds of the following: (Check only onebox) incorporators board of directors The undersigned affirmatively declare that to the date of this certificate, no stock of the corporation has been issued Certificate of Amendment to Articles of Incorporation (Pursuant to NRS 78.385 and 78.390-After Issuance of Stock) The vote by which the stockholders holding shares in the corporation entitling them to exercise at least a majority of the voting power, or such greater proportion of the voting power as my be required in the case of a vote by classes or series, or as may be required by the provisions of the articles of incorporation\* havevotedin favor of the amendments is: More than 90% Officer's Statement (foreign qualified entities only) - Name in home state, if using a modifiedname in Nevada: Jurisdiction of formation: Changes to take the following effect: The entity name has been amended. The purpose of the entity has been amended.The authorized shares have been amended. Other: (specify changes) Dissolution Merger Conversion \*Officer'sStatement must be submitted with either a certified copy of or a certificateevidencing the filing of any document, amendatory or otherwise, relating to the original articles in the place of the corporations creation. This from must be accompanied by appropriate fees. Page 1of 2 Revised: 12/15/2022

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![img145267769_2.jpg](img145267769_2.jpg)

FRANCISCO V. AGUILAR Secretary of State 202 North Carson Street Carson City, Nevada 89701-4201 (775) 684-5708 Website: www.nvsos.govProfit Corporation: Certificate of Amendment (PURSUANT TO NRS 78.380 & 78.385/78.390) Certificate to Accompany Restated Articles or Amended and Restated Articles (PURSUANT TO NRS 78.403) 4. Effective Date and Time: (Optional) Date: Officer's Statement (PURSUANT TO NRS 80.030) Time: 5. Information Being Changed: (Domestic corporations only) Changes to takes the following effect: (must not be later than 90 days after the certificate is filed) The entity name has been amended. The registered agent has been changed. (attach Certificate of Acceptance from new registered agent) The purpose of the entity has been amended. The authorized shares have been amended. The directors, managers or general partners have been amended. IRS tax language has been added. Articles have been added. Articles have been deleted. Other. The articles have been amended as follows: (provide article numbers, if available) Section 4.1 of the articles is amended as set forth on the attached page. (attach additional page(s) if necessary) 6. Signature: (Required) [SIGNATURE] Signature of Officer or Authorized Signer Signature of Officer or Authorized Signer Secretary & General Counsel Title Title \*If any proposed amendment would alter or change any preference or any relative or other right given to any class or series of outstanding shares, then the amendment must be approved by the vote, in addition to the affirmative vote otherwise required, of the holders of shares representing a majority of the voting power of each class or series affected by the amendment regardless to limitations or restrictions on the voting power thereof. Please include any required or optional information in space below: (attach additional page(s) if necessary) Section 4.1 of the articles of incorporation is amended as set forth on the attached page. [See attached page.] Page 2 of 2 This form must be accompanied by appropriate fees. [COMPANY LOGO] X X Revised: 12/15/2022

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![img145267769_3.jpg](img145267769_3.jpg)

CLEANSPARK, INC. CERTIFICATE OF AMENDMENT ANNEX A Section 4.1 of the articles of incorporation is hereby amended to read in its entirety as follows: Section 4.1 Authorized Shares. The aggregate number of shares which the Corporation shall have authority to issue is Three Hundred Ten million (310,000,000) shares, consisting of two classes to be designated, respectively, "Common Stock" and "Preferred Stock," with all of such shares having a par value of $0.001 per share. The total number of shares of Common Stock that the Corporation shall have authority to issue is Three Hundred million (300,000,000) shares. The total number of shares of Preferred Stock that the Corporation shall have authority to issue is ten million (10,000,000) shares. The Preferred Stock may be issued in one or more series, each series to be appropriately designated by a distinguishing letter of title, prior to the issuance of any shares thereof. The voting powers, designations, preferences, limitations, restrictions, and relative, participating, optional and other rights, and the qualifications, limitations, or restrictions thereof, of the Preferred Stock shall hereinafter be prescribed by resolution of the board of directors pursuant to Section 4.3 of this Article 4.\* \* \* \*

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![img145267769_4.jpg](img145267769_4.jpg)

SECRETARY OF STATE [COMPANY LOGO] STATE OF NEVADA NEVADA STATE BUSINESS LICENSE CLEANSPARK, INC. Nevada Business Identification # NV19871035753 Expiration Date:10/31/2023 In accordance with Title 7 of Nevada Revised Statutes, pursuant to proper application duly filed and payment of appropriate prescribed fees, the above named is hereby granted a Nevada State Business License for business activities conducted within the State of Nevada. Valid until the expiration date listed unless suspended, revoked or cancelled in accordance with the provisions in Nevada Revised Statutes. License is not transferable and is not in lieu of any local business license, permit or registration. **License must be cancelled on or before its expiration date if business activity ceases. Failure to do so will result in late fees or penalties which, by law, cannot be waived** IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Great Seal of State, at my office on 03/08/2023. Certificate Number: B202303083456052 You may verify this certificate online at <u>http://www.nvsos.gov</u> FRANCISCO V. AGUILAR Secretary of State [SIGNATURE]

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## Ex-10

**THIRD AMENDMENT** 

**TO**

**CLEANSPARK, INC.**

**2017 INCENTIVE PLAN**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**Dated as of March 8, 2023**

**WHEREAS,** the Board of Directors and stockholders of CleanSpark, Inc. (the "<u>Company</u>") have adopted the CleanSpark, Inc. 2017 Equity Incentive Plan, as amended by that First Amendment to the CleanSpark, Inc. 2017 Equity Incentive Plan, dated July 16, 2020, and that Second Amendment to the CleanSpark, Inc. 2017 Incentive Plan, dated September 17, 2021 (as amended, the "<u>Plan</u>");

**WHEREAS,** capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Plan;

**WHEREAS,** Section 17.1 of the Plan permits the Company to amend the Plan from time to time, subject only to certain limitations specified therein;

**WHEREAS,** pursuant to Section 4.1 of the Plan, a total of 3,500,000 shares of the common stock, par value $0.001 per share, of the Company (the "<u>Common Stock</u>") have been reserved for issuance under the Plan;

**WHEREAS,** the Board believes it to be in the best interest of the Company to increase the number of shares issuable under the Plan to 11,512,000 shares, including shares previously issued thereunder;

**WHEREAS,** the Board also believes it to be in the best interest of the Company to increase the number of shares available under the Plan on a semi-annual basis to fifteen percent (15%) of the Company's then outstanding shares without further required amendment or approval;

**NOW, THEREFORE, BE IT RESOLVED,** that the Plan is hereby amended and modified, effective as of March 8, 2023, as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Subsection 4.1 of the Plan ("Authorized Number of Shares") is hereby amended and restated in its entirety as follows:

"4.1 Authorized Number of Shares. Subject to adjustment from time to time pursuant to the following provisions regarding an Evergreen Increase (as defined in this subsection 4.1) and as provided in subsection 15.1, a maximum of 11,512,000 shares of Common Stock shall be available for issuance under the Plan. Shares of Common Stock issued under the Plan shall be drawn from authorized and unissued shares or shares now held or subsequently acquired by the Company as treasury shares. The maximum number of shares of Common Stock available for issuance under the Plan shall increase on April 1<sup>st</sup> and October 1<sup>st</sup> of each calendar year (each, an "<u>Evergreen Date</u>") to fifteen percent (15%) of the Company's outstanding shares of Common Stock, in each case as of the last day of the month immediately preceding the applicable Evergreen Date (an "<u>Evergreen Increase</u>")."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. In all other respects, the Plan, as amended, is hereby ratified and confirmed and shall remain in full force and effect.

[Signature page follows]

&nbsp;&nbsp;&nbsp;&nbsp;DOCPROPERTY "CUS_DocIDChunk0" US_156477198v1_395091-00001 3/8/2023 3:14 PM

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IN WITNESS WHEREOF, the Company has executed this Third Amendment to the 2017 Incentive Plan as of March 8, 2023.

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| | |
|:---|:---|
| CLEANSPARK, INC. | CLEANSPARK, INC. |
| By: | /s/ Zachary K. Bradford |
| Name:  | Zachary K. Bradford  |

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&nbsp;&nbsp;&nbsp;&nbsp;DOCPROPERTY "CUS_DocIDChunk0" US_156477198v1_395091-00001 3/8/2023 3:14 PM

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