UNDERWRITING AGREEMENTUnderwriting Agreement • February 8th, 2024 • HIVE Digital Technologies Ltd. • Finance services • Ontario
Stifel Nicolaus Canada Inc. ("Stifel Canada") and Canaccord Genuity Corp. ("Canaccord" and together with Stifel Canada, the "Underwriters"), as co-lead underwriters and joint bookrunners, hereby severally, and not jointly, nor jointly and severally, in their respective percentages set out in Section 10 below, offer to purchase from HIVE Digital Technologies Ltd. (the "Corporation") and the Corporation hereby agrees to issue and sell, on an underwritten private placement basis, to the Underwriters, 5,750,000 special warrants (each, a "Special Warrant" and, collectively, the "Special Warrants") at a price of $5.00 per Special Warrant (the "Issue Price") for gross proceeds to the Corporation of approximately $28,750,000 (the "Offering").
