September 2019 OTC:CLSK CONFIDENTIAL SAFE HARBOR STATEMENT - PowerPoint PPT Presentation

M I C R O G R I D P O W E R S O L U T I O N S September 2019

OTC:CLSK CONFIDENTIAL SAFE HARBOR STATEMENT CleanSpark cautions you that statements in this presentation that are not a description of historical facts are forward-looking statements. These statements are based on CleanSpark’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. Actual results may differ from those set forth in this presentation due to the risk and uncertainties inherent in our business, including, without limitation: risks associated with the performance of CleanSpark’s technology, the number of items delivered to customers and the timing of the shipments may not develop as we expect; and other risks described in our press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in our Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this presentation to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

OTC:CLSK CONFIDENTIAL INVESTOR HIGHLIGHTS

OTC:CLSK CONFIDENTIAL RAPIDLY EXPANDING MARKET • The distributed energy resource (DER) market is expected to grow at a compound rate of 21% (Source: Transparency Market Research; July 2016) TECHNOLOGY LEADERSHIP • Patented, Proprietary Software Platform enables integration and optimization of diverse power generation sources: • Solar • Batteries • Fuel Cells • Generators • Generation and Energy Storage Agnostic • Offer Proprietary Electric Switch Gear Products Connect Power Generation Equipment to the Grid • Switch Gear Used in our Installations and Sold to Variety of Third Parties as Stand-alone or Complete Package SALES • Total Backlog Under Contract of $5.95 million as of August 31, 2019 • Established Sales Channels: Distributors, Developers, EPCs and Self-Development • Transitioning from Sales Development to Execution and Growth

OTC:CLSK BUSINESS SEGMENTS CONFIDENTIAL Software and Controls Hardware Sales Project Development/Consulting Average Margin: 80-95% Average Margin: 9-25% Average Margin: 10-50%

WHAT IS A MICROGRID AND WHAT DOES IT DO?

THE ONLY THING CERTAIN ABOUT THE UTILITY GRID IS THAT IT WILL FAIL

WITH A MICROGRID FROM CLEANSPARK, IT WILL NEVER FAIL YOU

OTC:CLSK CONFIDENTIAL CLEANSPARK MICROGRID advantages: Kilowatt hours for the cost of kilowatt minutes up to 80% reduction in energy costs Resilient Blinkless Automated Rapid ROI Cyber-Secure

OTC:CLSK CONFIDENTIAL HOW DOES A CLEANSPARK MICROGRID REDUCE ENERGY COSTS BY UP TO 80%?

OTC:CLSK CONFIDENTIAL Think of a microgrid as ACTIVE INTELLIGENCE always monitoring the grid for the lowest energy rates

OTC:CLSK CONFIDENTIAL The microgrid Produces or Purchases energy at off-peak rates

OTC:CLSK OTC:CLSK CONFIDENTIAL Low-cost energy is stored

OTC:CLSK OTC:CLSK CONFIDENTIAL Stored energy is used during peak hours at big savings

OTC:CLSK OTC:CLSK CONFIDENTIAL A CleanSpark microgrid monitors rates continuously and uses energy from the source costing the least.

OTC:CLSK Control. Analyze before and CONFIDENTIAL after behavior of your power system at 15 minute intervals.

OTC:CLSK Savings. Determine which CONFIDENTIAL resource serves your load, how much it costs, and how much you save.

OUR VALUE PROPOSITION SOFTWARE I SWITCH GEAR I IMPLEMENTATION Our seasoned approach to the planning, implementation and operation of your microgrid makes it a simple, affordable and automated way to convert your energy expense into more secure, sustainable energy savings.

OTC:CLSK CONFIDENTIAL INTELLIGENT ANALYTICS Microgrid Value Stream Optimizer

OTC:CLSK CONFIDENTIAL ADVANCED mPULSE CONTROLS DER Software Enabled Energy Manager

OTC:CLSK CONFIDENTIAL EXPERT IMPLEMENTATION Engineering & Grid Development Services

OTC:CLSK CONFIDENTIAL Navigant Research ranks CleanSpark as a Top 10 microgrid provider

OTC:CLSK CONFIDENTIAL Ahead of Lockheed Martin and General Electric

OTC:CLSK CONFIDENTIAL “Your individual technologies are far ahead of the known market, We’re the innovation leader and together have the potential to change the face of the current microgrid and energy industry.” United States Marine Corps

OTC:CLSK CONFIDENTIAL “The system architecture is elegant, We’re the experience leader flexible and scalable and best possible system to control a multi-vendor microgrid.” Southern California Edison

OTC:CLSK CONFIDENTIAL “The result was possibly the We’re the technology leader most advanced microgrid/smart building project in the world.” RealComm

OTC:CLSK CONFIDENTIAL FINANCIALS

SUMMARY BALANCE SHEET

SUMMARY PROFIT & LOSS *S *Sum ummary o of f no non-ca cash sh expense ses in inclu cluded in in a appendix ix

OTC:CLSK CONFIDENTIAL Why CleanSpark? We have leading-edge technology We have a proven track record of successful installations We’re financially stable; increasing revenue with no need to raise additional capital We have a solid reputation in the industry and a Top 10 ranking We’ve created strategic alliances with market leaders Microgrids are the future of energy and we’re ready now We are embarking on an ambitious marketing effort

M I C R O G R I D P O W E R S O L U T I O N S

p o w e r f o r w a r d

OTC:CLSK CONFIDENTIAL www.CleanSpark.com

OTC:CLSK CONFIDENTIAL Appendix

NON-CASH EXPENSE SUMMARY